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Flag → Flag
Exports $39.7kRnk 26 / 92
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Flag → Flag
Top Product $38.9kPaper Containers
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
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GDP PC $2,613CURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 195
2023
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GDP PC$30,349CURRENT US$
Rnk 46 / 196
2013-2023
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GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

In N/A, Nicaragua did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Nicaragua Trade: In N/A, Turks and Caicos Islands exported $39.7k to Nicaragua. The main products that Turks and Caicos Islands exported to Nicaragua were Paper Containers ($38.9k), Bi-Wheel Vehicle Parts ($758), and Children's Picture Books ($13). Over the past N/A years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 212%,  from $134 in N/A to $39.7k in N/A.

In N/A, Turks and Caicos Islands did not export any services to Nicaragua.

Comparison In 2023,  Nicaragua ranked 111 in the Economic Complexity Index (ECI -1),  and 110 in total exports ($8.51B). 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

Nicaragua does not register exports to Turks and Caicos Islands.

In 2018, Turks and Caicos Islands exported $39.7k to Nicaragua. The main products exported from Turks and Caicos Islands to Nicaragua were Paper Containers ($38.9k), Bi-Wheel Vehicle Parts ($758), and Children's Picture Books ($13). During the last 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 212%, from $134 in 2023 to $39.7k in 2018.

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

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

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.38B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

In 2023, countries that imported more from Nicaragua than Turks and Caicos Islands included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

In 2023, countries that imported more from Turks and Caicos Islands than Nicaragua included Gabon ($5.91M), Zimbabwe ($3.79M), and Mozambique ($636k).

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

Comparative Advantage Nicaragua - Turks and Caicos Islands

Flow
Scale

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

During 2018, Turks and Caicos Islands had a large net trade with Nicaragua in the exports of Paper Goods ($38.9k) and Transportation ($758).

Economic Complexity

Competitive Landscape

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

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

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