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GDP
$4.23TCURRENT US$
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GDP GROWTH
-32.5%CURRENT US$
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$1.14BCURRENT US$
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56.6%CURRENT US$
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GDP PC 
$33,815CURRENT US$
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-31.2%CURRENT US$
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$24,918CURRENT US$
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GDP PC GROWTH
9.93%CURRENT US$
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About

Japan-Turks and Caicos Islands Trade: In 2022, Japan exported $6.48M to Turks and Caicos Islands. The main products that Japan exported to Turks and Caicos Islands were Cars ($5.99M), Delivery Trucks ($305k), and Spark-Ignition Engines ($97.6k). Over the past 5 years the exports of Japan to Turks and Caicos Islands have increased at an annualized rate of 8.86%, from $4.24M in 2017 to $6.48M in 2022.

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

Turks and Caicos Islands-Japan Trade: In 2022, Turks and Caicos Islands exported $7.31k to Japan. The main products that Turks and Caicos Islands exported to Japan were Integrated Circuits ($5.71k) and Brochures ($1.6k). Over the past 5 years the exports of Turks and Caicos Islands to Japan have increased at an annualized rate of 25.9%,  from $2.31k in 2017 to $7.31k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported $6.48M to Turks and Caicos Islands. The main products exported from Japan to Turks and Caicos Islands were Cars ($5.99M), Delivery Trucks ($305k), and Spark-Ignition Engines ($97.6k). During the last 5 years the exports of Japan to Turks and Caicos Islands have increased at an annualized rate of 8.86%, from $4.24M in 2017 to $6.48M in 2022.

In 2017, Turks and Caicos Islands exported $7.31k to Japan. The main products exported from Turks and Caicos Islands to Japan were Integrated Circuits ($5.71k) and Brochures ($1.6k). During the last 5 years the exports of Turks and Caicos Islands to Japan have increased at an annualized rate of 25.9%, from $2.31k in 2022 to $7.31k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Japan than Turks and Caicos Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Turks and Caicos Islands

Flow
Scale

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

During 2022, Japan had a large net trade with Turks and Caicos Islands in the exports of Transportation ($6.38M) and Machines ($99.5k).

During 2017, Turks and Caicos Islands had a large net trade with Japan in the exports of Machines ($5.71k) and Paper Goods ($1.6k).

Economic Complexity

Competitive Landscape

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

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

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