2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195

About

Norway-Turks and Caicos Islands Trade: In 2021, Norway exported $23.6k to Turks and Caicos Islands. The main products that Norway exported to Turks and Caicos Islands were N/A. Over the past 8 years the exports of Norway to Turks and Caicos Islands have increased at an annualized rate of 9.03%, from $11.8k in 2013 to $23.6k in 2021.

In 2021, Norway did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Norway In N/A, Turks and Caicos Islands did not export any products to Norway.

In 2021, Turks and Caicos Islands did not export any services to Norway.

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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 2021, Norway exported $23.6k to Turks and Caicos Islands. There were not main exports from Norway to Turks and Caicos Islands in 2021. During the last 8 years the exports of Norway to Turks and Caicos Islands have increased at an annualized rate of 9.03%, from $11.8k in 2013 to $23.6k in 2021.

Turks and Caicos Islands does not register exports to Norway. The main products exported from Turks and Caicos Islands to Norway were Liquid Pumps ($9.61k) and Knit Women's Coats ($122).

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Norway than Turks and Caicos Islands included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Turks and Caicos Islands than Norway included Zimbabwe ($3.79M) and Sao Tome and Principe ($32.7k).

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

Comparative Advantage Norway - Turks and Caicos Islands

Flow
Scale

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

During 2021, Norway had a large net trade with Turks and Caicos Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with