Panama (PAN) and Turks and Caicos Islands (TCA) Trade | The Observatory of Economic Complexity

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Panama (PAN) and Turks and Caicos Islands (TCA) Trade

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Exports $1.15kRnk 32 / 0

2022

Economic Complexity (ECI) ECI 0.17Rnk 56 / 133

2022

GDP$76.5BCURRENT US$
Rnk 74 / 186

2012-2022

GDP GROWTH89.3%CURRENT US$
Rnk 19 / 186

2022

GDP$1.14BCURRENT US$
Rnk 175 / 186

2012-2022

GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186

2022

GDP PC $17,358CURRENT US$
Rnk 59 / 186

2012-2022

GDP PC GROWTH61.2%CURRENT US$
Rnk 26 / 186

2022

GDP PC$24,918CURRENT US$
Rnk 44 / 186

2012-2022

GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186

Image 1

Image by Christian Córdova
Link: https://flic.kr/p/dkrmRc

Image 2

Image by Jared
Link: https://flic.kr/p/ouT97Q

Historical Data
Economic Complexity

About

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

Turks and Caicos Islands-Panama In false, Turks and Caicos Islands did not export any products to Panama.

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

Comparison In 2022, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). 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

2012

2011

1999

Panama does not register exports to Turks and Caicos Islands.

Turks and Caicos Islands does not register exports to Panama.

Exports from Panama () to Turks and Caicos Islands () (2012)

Exports from Turks and Caicos Islands () to Panama () (2012)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Panama
Top DestinationChina$1.14B

Turks and Caicos Islands
Top DestinationTogo$25.1M

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

In 2022, countries that imported more from Panama than Turks and Caicos Islands included China ($1.14B), Japan ($785M), and South Korea ($539M).

In 2022, countries that imported more from Turks and Caicos Islands than Panama included Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

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

Comparative Advantage Panama - Turks and Caicos Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2012

2011

1999

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

Economic Complexity

Competitive Landscape

Year

2012

2011

1999

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

Product Space of Panama () and Turks and Caicos Islands () (2012)

Keep Exploring

Panama
Saint Pierre and Miquelon
Panama
Trinidad and Tobago
Nicaragua
Turks and Caicos Islands

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