2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

Cuba-Turks and Caicos Islands In 2005, Cuba exported $69.1k to Turks and Caicos Islands. The main products that Cuba exported to Turks and Caicos Islands are N/A. During the last 6 years the exports of Cuba to Turks and Caicos Islands have decreased at an annualized rate of 35.3%, from $940k in 1999 to $69.1k in 2005.

In 2005, Cuba did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Cuba In 2005, Turks and Caicos Islands exported $30.8k to Cuba. The main products that Turks and Caicos Islands exported to Cuba were N/A. During the last 6 years the exports of Turks and Caicos Islands to Cuba have increased at an annualized rate of 66.3%, from $1.46k in 1999 to $30.8k in 2005.

In 2005, Turks and Caicos Islands did not export any services to Cuba.

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B). 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
Value

In 2005, Cuba exported $69.1k to Turks and Caicos Islands. There were not main exports from Cuba to Turks and Caicos Islands in 2005. During the last 6 years the exports of Cuba to Turks and Caicos Islands have decreased at an annualized rate of 35.3%, from $940k in 1999 to $69.1k in 2005.

In 2006, Turks and Caicos Islands exported $30.8k to Cuba. There were not main exports from Turks and Caicos Islands to Cuba in 2006. During the last 7 years the exports of Turks and Caicos Islands to Cuba have increased at an annualized rate of 66.3%, from $1.46k in 1999 to $30.8k in 2006.

Exports from Cuba (Flag) to Turks and Caicos Islands (Flag) (2006)

Exports from Turks and Caicos Islands (Flag) to Cuba (Flag) (2006)

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2021, countries that imported more from Cuba than Turks and Caicos Islands were China ($426M), Spain ($139M), and Germany ($58.5M).

In 2021, countries that imported more from Turks and Caicos Islands than Cuba were Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

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

Comparative Advantage Cuba - Turks and Caicos Islands

Flow
Scale

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

During 2005, Cuba had a large net trade with Turks and Caicos Islands in the exports of .

During 2006, Turks and Caicos Islands had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Turks and Caicos Islands (Flag) (2006)

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