2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 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

Portugal-Turks and Caicos Islands Trade: In 2023, Portugal exported $740k to Turks and Caicos Islands. The main products that Portugal exported to Turks and Caicos Islands were Aluminium Structures ($383k), Sawn Wood ($114k), and Unglazed Ceramics ($80.1k). Over the past 5 years the exports of Portugal to Turks and Caicos Islands have decreased at an annualized rate of 1.86%, from $812k in 2018 to $740k in 2023.

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

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

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

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). 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, Portugal exported $740k to Turks and Caicos Islands. The main products exported from Portugal to Turks and Caicos Islands were Aluminium Structures ($383k), Sawn Wood ($114k), and Unglazed Ceramics ($80.1k). During the last 5 years the exports of Portugal to Turks and Caicos Islands have decreased at an annualized rate of 1.86%, from $812k in 2018 to $740k in 2023.

Turks and Caicos Islands does not register exports to Portugal. The main products exported from Turks and Caicos Islands to Portugal were House Linens ($61) and Brochures ($14).

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from Portugal than Turks and Caicos Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Turks and Caicos Islands than Portugal included Grenada ($32.2k).

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

Comparative Advantage Portugal - Turks and Caicos Islands

Flow
Scale

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

During 2023, Portugal had a large net trade with Turks and Caicos Islands in the exports of Metals ($392k), Wood Products ($122k), and Stone And Glass ($91.3k).

Economic Complexity

Competitive Landscape

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

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

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