Bahamas (BHS) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

About

Bahamas-Turks and Caicos Islands Trade: In 2022, Bahamas exported $48.5k to Turks and Caicos Islands. The main products that Bahamas exported to Turks and Caicos Islands were Shaving Products ($46.5k) and Other Iron Products ($2k). Over the past 6 years the exports of Bahamas to Turks and Caicos Islands have decreased at an annualized rate of 56.7%, from $7.33M in 2016 to $48.5k in 2022.

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

Turks and Caicos Islands-Bahamas Trade: In 2022, Turks and Caicos Islands exported $316k to Bahamas. The main products that Turks and Caicos Islands exported to Bahamas were Petroleum Gas ($229k), Video Displays ($26.3k), and Umbrellas ($24.4k). Over the past 6 years the exports of Turks and Caicos Islands to Bahamas have increased at an annualized rate of 5.6%, from $241k in 2016 to $316k in 2022.

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

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $48.5k to Turks and Caicos Islands. The main products exported from Bahamas to Turks and Caicos Islands were Shaving Products ($46.5k) and Other Iron Products ($2k). During the last 6 years the exports of Bahamas to Turks and Caicos Islands have decreased at an annualized rate of 56.7%, from $7.33M in 2016 to $48.5k in 2022.

In 2017, Turks and Caicos Islands exported $316k to Bahamas. The main products exported from Turks and Caicos Islands to Bahamas were Petroleum Gas ($229k), Video Displays ($26.3k), and Umbrellas ($24.4k). During the last 5 years the exports of Turks and Caicos Islands to Bahamas have increased at an annualized rate of 5.6%, from $241k in 2022 to $316k in 2017.

Exports from Bahamas () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Bahamas () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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

In 2022, countries that imported more from Bahamas than Turks and Caicos Islands included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Turks and Caicos Islands than Bahamas included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

Difference in imports from Turks and Caicos Islands () and Bahamas () (2022)

Comparative Advantage Bahamas - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Turks and Caicos Islands in the exports of Chemical Products ($46.5k) and Metals ($2k).

During 2017, Turks and Caicos Islands had a large net trade with Bahamas in the exports of Mineral Products ($229k), Machines ($33.9k), and Footwear and Headwear ($24.5k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahamas and Turks and Caicos Islands. This means that a dot/product with the flag of Bahamas 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 Bahamas.

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Bahamas () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Bahamas () (2022)

Comparative Advantage Bahamas - Turks and Caicos Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Turks and Caicos Islands () (2022)

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