Flag United States / Turks and Caicos Islands Flag

Exports Flag β†’ Flag  (2018): $172M, Rnk 129 / 215

Top Product Flag β†’ Flag (2018): $27M, Refined Petroleum

Exports Flag β†’ Flag (2018): $3.53M, Rnk 2 / 53

Top Product Flag β†’ Flag (2018): $1.89M, Molluscs

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $1.02B, CURRENT US$
Rnk 182 / 196

GDP GROWTH Flag (2008-2018): 18.5%, CURRENT US$
Rnk 128 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $27,142, CURRENT US$
Rnk 38 / 196

GDP PC GROWTH Flag (2008-2018): -1.83%, CURRENT US$
Rnk 153 / 196

United States-Turks and Caicos Islands: In 2018, United States exported $172M to Turks and Caicos Islands. The main products that United States exported to Turks and Caicos Islands are Refined Petroleum ($27M), Cars ($7.6M), and Frozen Bovine Meat ($4.98M). During the last 23 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 10%, from $19.2M in 1995 to $172M in 2018.

In 2018, United States did not exported services to Turks and Caicos Islands.

Turks and Caicos Islands-United States: In 2018, Turks and Caicos Islands exported $3.53M to United States . The main products that Turks and Caicos Islands exported to United States were Molluscs ($1.89M), Crustaceans ($662k), and Scrap Iron ($228k). During the last 23 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 10%, from $19.2M in 1995 to $172M in 2018.

In 2018, Turks and Caicos Islands did not exported services to United States.

Comparison: In 2018,  United States ranked 9 in the Economic Complexity Index (ECI 1.57),  and 3 in total exports ($1.44T). That same year, Turks and Caicos Islands ranked 208 in total exports ($17.7M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $172M to Turks and Caicos Islands. The main products exported from United States to Turks and Caicos Islands were Refined Petroleum ($27M), Cars ($7.6M), and Frozen Bovine Meat ($4.98M). During the last 23 years the exports of United States to Turks and Caicos Islands have increased at an annualized rate of 10%, from $19.2M in 1995 to $172M in 2018.

In 2018, Turks and Caicos Islands exported $3.53M to United States. The main products exported from Turks and Caicos Islands to United States were Molluscs ($1.89M), Crustaceans ($662k), and Scrap Iron ($228k). During the last 23 years the exports of Turks and Caicos Islands to United States have decreased at an annualized rate of 1.47%, from $4.96M in 1995 to $3.53M in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Turks and Caicos Islands
Top Destination
: France, $4.09M

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 2018, countries that imported more from United States than Turks and Caicos Islands were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, no countries were registered that imported more from Turks and Caicos Islands than from United States.

Comparative Advantage United States - Turks and Caicos Islands

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Depth

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 2018, United States had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($30.6M), Machines ($19.4M), and Metals ($19.4M).

During 2018, Turks and Caicos Islands had a large net trade with United States in the exports of Animal Products ($2.58M), Metals ($298k), and Machines ($211k).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Turks and Caicos Islands. Similarly, the more red a dot/product is, the more Turks and Caicos Islands has comparative advantage over United States.