2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Germany-Turks and Caicos Islands Trade: In 2023, Germany exported $2.33M to Turks and Caicos Islands. The main products that Germany exported to Turks and Caicos Islands were Other Plastic Products ($912k), Concentrated Milk ($398k), and Milk ($235k). Over the past 5 years the exports of Germany to Turks and Caicos Islands have increased at an annualized rate of 14.4%, from $1.19M in 2018 to $2.33M in 2023.

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

Turks and Caicos Islands-Germany Trade: In 2023, Turks and Caicos Islands exported $92.6k to Germany. The main products that Turks and Caicos Islands exported to Germany were N/A. Over the past 5 years the exports of Turks and Caicos Islands to Germany have increased at an annualized rate of 34.7%,  from $20.9k in 2018 to $92.6k in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $2.33M to Turks and Caicos Islands. The main products exported from Germany to Turks and Caicos Islands were Other Plastic Products ($912k), Concentrated Milk ($398k), and Milk ($235k). During the last 5 years the exports of Germany to Turks and Caicos Islands have increased at an annualized rate of 14.4%, from $1.19M in 2018 to $2.33M in 2023.

In 2017, Turks and Caicos Islands exported $92.6k to Germany. There were not main exports from Turks and Caicos Islands to Germany in 2017. During the last 5 years the exports of Turks and Caicos Islands to Germany have increased at an annualized rate of 34.7%, from $20.9k in 2022 to $92.6k in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
N/AN/A
Turks and Caicos Islands
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Germany - Turks and Caicos Islands

Flow
Scale

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

During 2023, Germany had a large net trade with Turks and Caicos Islands in the exports of Plastics and Rubbers ($915k), Animal Products ($633k), and Precious Metals ($202k).

During 2017, Turks and Caicos Islands had a large net trade with Germany in the exports of .

Economic Complexity

Competitive Landscape

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

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

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