2023
Flag  
GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
 GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC 
$30,349CURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195
2023
Flag
GDP PC
$56,034CURRENT US$
Rnk 18 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195

About

Turks and Caicos Islands-Austria Trade: In 2023, Turks and Caicos Islands exported $36.5k to Austria. The main products that Turks and Caicos Islands exported to Austria were Knit T-shirts ($5.9k), Harvesting Machinery ($3.26k), and Air Pumps ($3.17k). Over the past 6 years the exports of Turks and Caicos Islands to Austria have increased at an annualized rate of 247%, from $21 in 2017 to $36.5k in 2023.

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

Austria-Turks and Caicos Islands Trade: In 2023, Austria exported $1.8M to Turks and Caicos Islands. The main products that Austria exported to Turks and Caicos Islands were Special purpose motor vehicles ($1.64M), Flavored Water ($82.8k), and Breathing Appliances ($42k). Over the past 6 years the exports of Austria to Turks and Caicos Islands have increased at an annualized rate of 86.6%,  from $79.4k in 2017 to $1.8M in 2023.

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

Comparison In 2023,  Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $36.5k to Austria. The main products exported from Turks and Caicos Islands to Austria were Knit T-shirts ($5.9k), Harvesting Machinery ($3.26k), and Air Pumps ($3.17k). During the last 6 years the exports of Turks and Caicos Islands to Austria have increased at an annualized rate of 247%, from $21 in 2017 to $36.5k in 2023.

In 2018, Austria exported $1.8M to Turks and Caicos Islands. The main products exported from Austria to Turks and Caicos Islands were Special purpose motor vehicles ($1.64M), Flavored Water ($82.8k), and Breathing Appliances ($42k). During the last 5 years the exports of Austria to Turks and Caicos Islands have increased at an annualized rate of 86.6%, from $79.4k in 2023 to $1.8M in 2018.

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

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

Latest Data

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

Austria Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Gabon$5.91M
Austria
Top Destination
Germany$51B

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

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

In 2023, countries that imported more from Austria than Turks and Caicos Islands included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

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

Comparative Advantage Turks and Caicos Islands - Austria

Flow
Scale

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

During 2023, Turks and Caicos Islands had a large net trade with Austria in the exports of Machines ($13k), Textiles ($8.7k), and Metals ($5.14k).

During 2018, Austria had a large net trade with Turks and Caicos Islands in the exports of Transportation ($1.64M), Foodstuffs ($82.8k), and Instruments ($48.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turks and Caicos Islands and Austria. This means that a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Turks and Caicos Islands.

Product Space of Turks and Caicos Islands (Flag) and Austria (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