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Pricing

2022
Flag → Flag
Exports $6.65MRnk 163 / 215
2022
Flag → Flag
Top Product $795kOther Furniture
2022
Flag → Flag
Exports $472kRnk 9 / 85
2022
Flag → Flag
Top Product $244kHarvesting Machinery
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

About

Canada-Turks and Caicos Islands Trade: In 2022, Canada exported $6.65M to Turks and Caicos Islands. The main products that Canada exported to Turks and Caicos Islands were Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). Over the past 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 9.9%, from $4.15M in 2017 to $6.65M in 2022.

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

Turks and Caicos Islands-Canada Trade: In 2022, Turks and Caicos Islands exported $472k to Canada. The main products that Turks and Caicos Islands exported to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). Over the past 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 41.7%,  from $82.4k in 2017 to $472k in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$849k and imported C$26k from Turks and Caicos Islands, resulting in a positive trade balance of C$823k. Between August 2023 and August 2024 the exports of Canada have increased by C$493k (139%) from C$356k to C$849k, while imports increased by C$25.9k (50.8k%) from C$51 to C$26k.

Trade In August 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 August 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 August 2024 the exports of Canada were mainly from Quebec (C$547k), Ontario (C$197k), and Nova Scotia (C$105k), while imports destinations were mainly Ontario (C$25.9k) and Manitoba (C$55).

Growth In August 2024, the increase in Canada's year-by-year exports to Turks and Caicos Islands was explained primarily by an increase in product exports in Valves (C$20.1k or 1.96k%), Refrigerators (C$12.1k or 40.5%), and Bulbs and Roots (C$5.82k or 23.9%). In August 2024, the increase in Canada's year-by-year imports  from Turks and Caicos Islands was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$493k(139%)
IMPORT GROWTH (August 2023 - August 2024)C$25.9k(50.8k%)
MAIN EXPORTER (August 2024)QuebecC$547k

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.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $6.65M to Turks and Caicos Islands. The main products exported from Canada to Turks and Caicos Islands were Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). During the last 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 9.9%, from $4.15M in 2017 to $6.65M in 2022.

In 2017, Turks and Caicos Islands exported $472k to Canada. The main products exported from Turks and Caicos Islands to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). During the last 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 41.7%, from $82.4k in 2022 to $472k in 2017.

Exports from Canada (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Turks and Caicos Islands
Top DestinationTogo$25.1M

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 2022, countries that imported more from Canada than Turks and Caicos Islands included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Turks and Caicos Islands than Canada included Central African Republic ($643k).

Difference in imports from Turks and Caicos Islands (Flag) and Canada (Flag) (2022)

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 2022, Canada had a large net trade with Turks and Caicos Islands in the exports of Machines ($1.65M), Miscellaneous ($1.16M), and Metals ($880k).

During 2017, Turks and Caicos Islands had a large net trade with Canada in the exports of Machines ($293k), Transportation ($100k), and Plastics and Rubbers ($71.4k).

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) (2022)

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