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Pricing

2023
Flag → Flag
Exports $6.7MRnk 160 / 215
2023
Flag → Flag
Top Product $804kOther Furniture
2023
Flag → Flag
Exports $42.9kRnk 24 / 92
2023
Flag → Flag
Top Product $21.6kVegetable or Animal Dyes
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

Canada-Turks and Caicos Islands Trade: In 2023, Canada exported $6.7M to Turks and Caicos Islands. The main products that Canada exported to Turks and Caicos Islands were Other Furniture ($804k), Sawn Wood ($736k), and Cars ($313k). Over the past 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 16.2%, from $3.17M in 2018 to $6.7M in 2023.

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

Turks and Caicos Islands-Canada Trade: In 2023, Turks and Caicos Islands exported $42.9k to Canada. The main products that Turks and Caicos Islands exported to Canada were Vegetable or Animal Dyes ($21.6k), Fruit Juice ($9.71k), and Other Hand Tools ($3.71k). Over the past 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 6.41%,  from $27.8k in 2018 to $42.9k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$1.28M and imported C$9.26k from Turks and Caicos Islands, resulting in a positive trade balance of C$1.27M. Between November 2023 and November 2024 the exports of Canada have decreased by C$-230k (-15.2%) from C$1.51M to C$1.28M, while imports decreased by C$-22.5k (-70.8%) from C$31.7k to C$9.26k.

Trade In November 2024, the top exports of Canada to Turks and Caicos Islands were Refrigerators (C$42k), Plastic Building Materials (C$33.2k), Bulbs and Roots (C$30.2k), Amino-resins (C$24.7k), and Valves (C$21.1k). In November 2024 the top imports of Canada from Turks and Caicos Islands were Other Hand Tools (C$5.01k) and Ball Bearings (C$95).

Origins In November 2024 the exports of Canada were mainly from Quebec (C$1.04M), Ontario (C$137k), and Nova Scotia (C$102k), while imports destinations were mainly Ontario (C$9.26k).

Growth In November 2024, the decrease in Canada's year-by-year exports to Turks and Caicos Islands was explained primarily by an decrease in product exports in Other Furniture (C$-44k or -92.6%), Other Heating Machinery (C$-6.54k or -32.7%), and Plastic Building Materials (C$-1.53k or -4.4%). In November 2024, the decrease in Canada's year-by-year imports  from Turks and Caicos Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$-230k(-15.2%)
IMPORT GROWTH (November 2023 - November 2024)C$-22.5k(-70.8%)
MAIN EXPORTER (November 2024)QuebecC$1.04M

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $6.7M to Turks and Caicos Islands. The main products exported from Canada to Turks and Caicos Islands were Other Furniture ($804k), Sawn Wood ($736k), and Cars ($313k). During the last 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 16.2%, from $3.17M in 2018 to $6.7M in 2023.

In 2018, Turks and Caicos Islands exported $42.9k to Canada. The main products exported from Turks and Caicos Islands to Canada were Vegetable or Animal Dyes ($21.6k), Fruit Juice ($9.71k), and Other Hand Tools ($3.71k). During the last 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 6.41%, from $27.8k in 2023 to $42.9k in 2018.

Exports from Canada (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

In 2023, countries that imported more from Canada than Turks and Caicos Islands included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - Turks and Caicos Islands

Flow
Scale

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

During 2023, Canada had a large net trade with Turks and Caicos Islands in the exports of Machines ($1.8M), Wood Products ($1.1M), and Miscellaneous ($973k).

During 2018, Turks and Caicos Islands had a large net trade with Canada in the exports of Chemical Products ($21.6k), Foodstuffs ($9.71k), and Metals ($6.38k).

Economic Complexity

Competitive Landscape

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

Product Space of Canada (Flag) and Turks and Caicos Islands (Flag) (2023)

Keep Exploring

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