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2022
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Exports $206MRnk 116 / 219
2022
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Top Product $61.9MRefined Petroleum
2022
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Exports $3.4MRnk 2 / 85
2022
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Top Product $2.34MMolluscs
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
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GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$24,918CURRENT US$
Rnk 44 / 186
2012-2022
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GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

About

United States-Turks and Caicos Islands Trade: In 2022, United States exported $206M to Turks and Caicos Islands. The main products that United States exported to Turks and Caicos Islands were Refined Petroleum ($61.9M), Cars ($12.1M), and Poultry Meat ($7.88M). Over the past 5 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 60.8%, from $19.2M in 2017 to $206M in 2022.

In 2022, United States did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-United States Trade: In 2022, Turks and Caicos Islands exported $3.4M to United States. The main products that Turks and Caicos Islands exported to United States were Molluscs ($2.34M), Crustaceans ($1.54M), and Office Machine Parts ($468k). Over the past 5 years the exports of Turks and Caicos Islands to United States have decreased at an annualized rate of 7.25%,  from $4.96M in 2017 to $3.4M in 2022.

In 2022, Turks and Caicos Islands did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), 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.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $52.1M and imported $744k from Turks and Caicos Islands, resulting in a positive trade balance of $51.3M. Between April 2023 and April 2024 the exports of United States have increased by $8.41M (19.3%) from $43.7M to $52.1M, while imports decreased by $-323k (-30.3%) from $1.07M to $744k.

Trade In April 2024, the top exports of United States to Turks and Caicos Islands were Commodities not elsewhere specified ($18.6M), Refined Petroleum ($5.23M), Cars ($1.27M), Metal Mountings ($975k), and Jewellery ($735k). In April 2024 the top imports of United States from Turks and Caicos Islands were Computers ($341k), Commodities not elsewhere specified ($267k), Molluscs ($83.7k), Crustaceans ($48.6k), and E-waste and scrap ($10.8k).

Origins In April 2024 the exports of United States were mainly from Florida ($23.4M), US Virgin Islands ($2.01M), Georgia ($656k), California ($647k), and Texas ($603k), while imports destinations were mainly Florida ($466k), Texas ($110k), Massachusetts ($83.9k), and New York ($20.1k).

Growth In April 2024, the increase in United States's year-by-year exports to Turks and Caicos Islands was explained primarily by an increase in product exports in Commodities not elsewhere specified ($5.31M or 40%), Refined Petroleum ($1.65M or 46.1%), and Metal Mountings ($917k or 1.57k%). In April 2024, the decrease in United States's year-by-year imports  from Turks and Caicos Islands was explained primarily by an decrease in product imports  in Molluscs ($-183k or -68.6%), Commodities not elsewhere specified ($-110k or -29.2%), and Crustaceans ($-56.6k or -53.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$8.41M(19.3%)
IMPORT GROWTH (April 2023 - April 2024)$-323k(-30.3%)
MAIN EXPORTER (April 2024)Florida$23.4M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Turks and Caicos Islands and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $206M to Turks and Caicos Islands. The main products exported from United States to Turks and Caicos Islands were Refined Petroleum ($61.9M), Cars ($12.1M), and Poultry Meat ($7.88M). During the last 5 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 60.8%, from $19.2M in 2017 to $206M in 2022.

In 2017, Turks and Caicos Islands exported $3.4M to United States. The main products exported from Turks and Caicos Islands to United States were Molluscs ($2.34M), Crustaceans ($1.54M), and Office Machine Parts ($468k). During the last 22 years the exports of Turks and Caicos Islands to United States have decreased at an annualized rate of 7.25%, from $4.96M in 1995 to $3.4M in 2017.

Exports from United States (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Turks and Caicos Islands
Top DestinationTogo$25.1M

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 2022, countries that imported more from United States than Turks and Caicos Islands included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, 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) (2022)

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 2022, United States had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($65.4M), Machines ($42.2M), and Animal Products ($31M).

During 2017, Turks and Caicos Islands had a large net trade with United States in the exports of Animal Products ($3.89M), Machines ($843k), and Metals ($353k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Turks and Caicos Islands+N/AN/A
Top Product Potential Turks and Caicos Islands United States+N/AN/A

N/A

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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) (2022)

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