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2023
Flag → Flag
Exports $118kRnk 192 / 206
2023
Flag → Flag
Top Product $104kWine
2023
Flag → Flag
Exports $8.71kRnk 56 / 92
2023
Flag → Flag
Top Product $6.73kRubber Pipes
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

New Zealand-Turks and Caicos Islands Trade: In 2023, New Zealand exported $118k to Turks and Caicos Islands. The main products that New Zealand exported to Turks and Caicos Islands were Wine ($104k), Machinery Having Individual Functions ($6.33k), and Knit Men's Suits ($2.96k). Over the past 5 years the exports of New Zealand to Turks and Caicos Islands have decreased at an annualized rate of 13.2%, from $239k in 2018 to $118k in 2023.

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

Turks and Caicos Islands-New Zealand Trade: In 2023, Turks and Caicos Islands exported $8.71k to New Zealand. The main products that Turks and Caicos Islands exported to New Zealand were Rubber Pipes ($6.73k), Light Mixed Woven Cotton ($1.35k), and Synthetic Filament Yarn Woven Fabric ($527). Over the past 5 years the exports of Turks and Caicos Islands to New Zealand have increased at an annualized rate of 30.6%,  from $789 in 2018 to $8.71k in 2023.

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

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). 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, New Zealand exported $118k to Turks and Caicos Islands. The main products exported from New Zealand to Turks and Caicos Islands were Wine ($104k), Machinery Having Individual Functions ($6.33k), and Knit Men's Suits ($2.96k). During the last 5 years the exports of New Zealand to Turks and Caicos Islands have decreased at an annualized rate of 13.2%, from $239k in 2018 to $118k in 2023.

In 2018, Turks and Caicos Islands exported $8.71k to New Zealand. The main products exported from Turks and Caicos Islands to New Zealand were Rubber Pipes ($6.73k), Light Mixed Woven Cotton ($1.35k), and Synthetic Filament Yarn Woven Fabric ($527). During the last 5 years the exports of Turks and Caicos Islands to New Zealand have increased at an annualized rate of 30.6%, from $789 in 2023 to $8.71k in 2018.

Exports from New Zealand (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Turks and Caicos Islands (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

In 2023, countries that imported more from New Zealand than Turks and Caicos Islands included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, countries that imported more from Turks and Caicos Islands than New Zealand included Gabon ($5.91M), Zimbabwe ($3.79M), and Suriname ($108k).

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

Comparative Advantage New Zealand - Turks and Caicos Islands

Flow
Scale

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

During 2023, New Zealand had a large net trade with Turks and Caicos Islands in the exports of Foodstuffs ($104k), Machines ($6.33k), and Textiles ($5.21k).

During 2018, Turks and Caicos Islands had a large net trade with New Zealand in the exports of Plastics and Rubbers ($6.73k) and Textiles ($1.98k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Turks and Caicos Islands (Flag) (2023)

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