2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
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GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
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 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
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GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
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GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
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GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Netherlands-Turks and Caicos Islands Trade: In 2023, Netherlands exported $3.25M to Turks and Caicos Islands. The main products that Netherlands exported to Turks and Caicos Islands were Engine Parts ($1.02M), Liquid Pumps ($264k), and Beer ($247k). Over the past 5 years the exports of Netherlands to Turks and Caicos Islands have increased at an annualized rate of 17.2%, from $1.47M in 2018 to $3.25M in 2023.

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

Turks and Caicos Islands-Netherlands Trade: In 2023, Turks and Caicos Islands exported $1.14k to Netherlands. The main products that Turks and Caicos Islands exported to Netherlands were Rubber Footwear ($921), Felt or Coated Fabric Garments ($135), and Garments of Impregnated Fabric ($58). Over the past 5 years the exports of Turks and Caicos Islands to Netherlands have decreased at an annualized rate of 78.2%,  from $2.32M in 2018 to $1.14k in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). 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, Netherlands exported $3.25M to Turks and Caicos Islands. The main products exported from Netherlands to Turks and Caicos Islands were Engine Parts ($1.02M), Liquid Pumps ($264k), and Beer ($247k). During the last 5 years the exports of Netherlands to Turks and Caicos Islands have increased at an annualized rate of 17.2%, from $1.47M in 2018 to $3.25M in 2023.

In 2018, Turks and Caicos Islands exported $1.14k to Netherlands. The main products exported from Turks and Caicos Islands to Netherlands were Rubber Footwear ($921), Felt or Coated Fabric Garments ($135), and Garments of Impregnated Fabric ($58). During the last 5 years the exports of Turks and Caicos Islands to Netherlands have decreased at an annualized rate of 78.2%, from $2.32M in 2023 to $1.14k in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Netherlands than Turks and Caicos Islands included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, no countries were registered that imported more from Turks and Caicos Islands than from Netherlands.

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

Comparative Advantage Netherlands - Turks and Caicos Islands

Flow
Scale

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

During 2023, Netherlands had a large net trade with Turks and Caicos Islands in the exports of Machines ($2.24M), Foodstuffs ($387k), and Metals ($275k).

During 2018, Turks and Caicos Islands had a large net trade with Netherlands in the exports of Footwear and Headwear ($921) and Textiles ($221).

Economic Complexity

Competitive Landscape

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

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

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