2023
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GDP
$1.4BCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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 GDP
$27.7TCURRENT US$
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GDP GROWTH
64.2%CURRENT US$
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2023
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GDP PC 
$30,349CURRENT US$
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GDP PC GROWTH
35.4%CURRENT US$
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2023
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GDP PC
$82,769CURRENT US$
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GDP PC GROWTH
55%CURRENT US$
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About

Turks and Caicos Islands-United States Trade: In 2023, Turks and Caicos Islands exported $5.51M to United States. The main products that Turks and Caicos Islands exported to United States were Molluscs ($1.66M), Crustaceans ($1.47M), and Semiconductor Devices ($708k). Over the past 5 years the exports of Turks and Caicos Islands to United States have increased at an annualized rate of 8.75%, from $3.62M in 2018 to $5.51M in 2023.

In 2023, Turks and Caicos Islands did not export any services to United States.

United States-Turks and Caicos Islands Trade: In 2023, United States exported $352M to Turks and Caicos Islands. The main products that United States exported to Turks and Caicos Islands were Refined Petroleum ($56.5M), Cars ($16M), and Recreational Boats ($8.45M). Over the past 5 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 11.7%,  from $203M in 2018 to $352M in 2023.

In 2023, United States did not export any services to Turks and Caicos Islands.

Comparison In 2023,  Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $5.51M to United States. The main products exported from Turks and Caicos Islands to United States were Molluscs ($1.66M), Crustaceans ($1.47M), and Semiconductor Devices ($708k). During the last 5 years the exports of Turks and Caicos Islands to United States have increased at an annualized rate of 8.75%, from $3.62M in 2018 to $5.51M in 2023.

In 2018, United States exported $352M to Turks and Caicos Islands. The main products exported from United States to Turks and Caicos Islands were Refined Petroleum ($56.5M), Cars ($16M), and Recreational Boats ($8.45M). During the last 5 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 11.7%, from $203M in 2023 to $352M in 2018.

Exports from Turks and Caicos Islands (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Turks and Caicos Islands (Flag) (2023)

Latest Data

Trade between Turks and Caicos Islands (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Gabon$5.91M
United States
Top Destination
Canada$269B

This map shows whether countries import more from Turks and Caicos Islands or United States. Each country is colored based on the difference in imports they receive from Turks and Caicos Islands and United States or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Turks and Caicos Islands than from United States.

In 2023, countries that imported more from United States than Turks and Caicos Islands included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Turks and Caicos Islands (Flag) (2023)

Comparative Advantage Turks and Caicos Islands - United States

Flow
Scale

This chart compares trade between Turks and Caicos Islands and United States by product, considering products traded by both, Turks and Caicos Islands and United States.

During 2023, Turks and Caicos Islands had a large net trade with United States in the exports of Animal Products ($3.13M), Machines ($1.79M), and Metals ($174k).

During 2018, United States had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($58.8M), Machines ($51.3M), and Transportation ($34.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turks and Caicos Islands and United States. This means that a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Turks and Caicos Islands.

Product Space of Turks and Caicos Islands (Flag) and United States (Flag) (2023)

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