2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$1.14BCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$24,918CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
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About

Singapore-Turks and Caicos Islands Trade: In 2022, Singapore exported $1.4M to Turks and Caicos Islands. The main products that Singapore exported to Turks and Caicos Islands were Cars ($730k), Semiconductor Devices ($210k), and Video Recording Equipment ($179k). Over the past 5 years the exports of Singapore to Turks and Caicos Islands have increased at an annualized rate of 34.8%, from $315k in 2017 to $1.4M in 2022.

In 2022, Singapore did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Singapore Trade: In 2022, Turks and Caicos Islands exported $420k to Singapore. The main products that Turks and Caicos Islands exported to Singapore were Integrated Circuits ($221k), Other Electrical Machinery ($95.2k), and Excavation Machinery ($72.9k). Over the past 5 years the exports of Turks and Caicos Islands to Singapore have decreased at an annualized rate of 0.35%,  from $428k in 2017 to $420k in 2022.

In 2022, Turks and Caicos Islands did not export any services to Singapore.

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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
Value

In 2022, Singapore exported $1.4M to Turks and Caicos Islands. The main products exported from Singapore to Turks and Caicos Islands were Cars ($730k), Semiconductor Devices ($210k), and Video Recording Equipment ($179k). During the last 5 years the exports of Singapore to Turks and Caicos Islands have increased at an annualized rate of 34.8%, from $315k in 2017 to $1.4M in 2022.

In 2017, Turks and Caicos Islands exported $420k to Singapore. The main products exported from Turks and Caicos Islands to Singapore were Integrated Circuits ($221k), Other Electrical Machinery ($95.2k), and Excavation Machinery ($72.9k). During the last 5 years the exports of Turks and Caicos Islands to Singapore have decreased at an annualized rate of 0.35%, from $428k in 2022 to $420k in 2017.

Exports from Singapore (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Turks and Caicos Islands (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Singapore than Turks and Caicos Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from Turks and Caicos Islands than from Singapore.

Difference in imports from Turks and Caicos Islands (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Turks and Caicos Islands

Flow
Scale

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

During 2022, Singapore had a large net trade with Turks and Caicos Islands in the exports of Transportation ($735k), Machines ($663k), and Textiles ($883).

During 2017, Turks and Caicos Islands had a large net trade with Singapore in the exports of Machines ($396k), Arts and Antiques ($16k), and Textiles ($3.01k).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Turks and Caicos Islands (Flag) (2022)

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