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

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.

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.

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

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Turks and Caicos Islands to the United States. Conversely, were notable for importing products to Turks and Caicos Islands from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $352M in 2023.

In 2018, 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 2023 to $5.51M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United States - Turks and Caicos Islands

Flow
Scale

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

During 2023, 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).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

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