Nicaragua (NIC) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

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 $1.05k to Nicaragua. The main products that Turks and Caicos Islands exported to Nicaragua were Other Electrical Machinery ($1.05k). Over the past N/A years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 30%, from $282 in N/A to $1.05k in N/A.

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

Comparison In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nicaragua does not register exports to Turks and Caicos Islands.

In 2017, Turks and Caicos Islands exported $1.05k to Nicaragua. The main products exported from Turks and Caicos Islands to Nicaragua were Other Electrical Machinery ($1.05k). During the last 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 30%, from $282 in 2022 to $1.05k in 2017.

Exports from Nicaragua () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Nicaragua () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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 2022, countries that imported more from Nicaragua than Turks and Caicos Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Turks and Caicos Islands than Nicaragua included Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

Difference in imports from Turks and Caicos Islands () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, Turks and Caicos Islands had a large net trade with Nicaragua in the exports of Machines ($1.05k).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Turks and Caicos Islands () (2022)

Exports from Turks and Caicos Islands () to Nicaragua () (2022)

Market Competitiveness

Difference in imports from Turks and Caicos Islands () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Turks and Caicos Islands

Economic Complexity

Competitive Landscape

Product Space of Nicaragua () and Turks and Caicos Islands () (2022)

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