2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
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GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

India-Turks and Caicos Islands Trade: In 2022, India exported $1.53M to Turks and Caicos Islands. The main products that India exported to Turks and Caicos Islands were Jewellery ($927k), Cars ($439k), and Packaged Medicaments ($34.3k). Over the past 5 years the exports of India to Turks and Caicos Islands have increased at an annualized rate of 4.58%, from $1.22M in 2017 to $1.53M in 2022.

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

Turks and Caicos Islands-India Trade: In 2022, Turks and Caicos Islands exported $37.1k to India. The main products that Turks and Caicos Islands exported to India were Other Furniture ($37.1k). Over the past 5 years the exports of Turks and Caicos Islands to India have decreased at an annualized rate of 5.42%,  from $49k in 2017 to $37.1k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.53M to Turks and Caicos Islands. The main products exported from India to Turks and Caicos Islands were Jewellery ($927k), Cars ($439k), and Packaged Medicaments ($34.3k). During the last 5 years the exports of India to Turks and Caicos Islands have increased at an annualized rate of 4.58%, from $1.22M in 2017 to $1.53M in 2022.

In 2017, Turks and Caicos Islands exported $37.1k to India. The main products exported from Turks and Caicos Islands to India were Other Furniture ($37.1k). During the last 5 years the exports of Turks and Caicos Islands to India have decreased at an annualized rate of 5.42%, from $49k in 2022 to $37.1k in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from India than Turks and Caicos Islands included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Turks and Caicos Islands than from India.

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

Comparative Advantage India - Turks and Caicos Islands

Flow
Scale

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

During 2022, India had a large net trade with Turks and Caicos Islands in the exports of Precious Metals ($927k), Transportation ($439k), and Textiles ($62.5k).

During 2017, Turks and Caicos Islands had a large net trade with India in the exports of Miscellaneous ($37.1k).

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Turks and Caicos Islands (Flag) (2022)

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