2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Turks and Caicos Islands-Azerbaijan Trade: In 2020, Turks and Caicos Islands exported $50 to Azerbaijan. The main products that Turks and Caicos Islands exported to Azerbaijan were N/A. Over the past 8 years the exports of Turks and Caicos Islands to Azerbaijan have decreased at an annualized rate of 45%, from $5.94k in 2012 to $50 in 2020.

In 2020, Turks and Caicos Islands did not export any services to Azerbaijan.

Azerbaijan-Turks and Caicos Islands Trade: In 2020, Azerbaijan exported $12.2k to Turks and Caicos Islands. The main products that Azerbaijan exported to Turks and Caicos Islands were N/A. Over the past 8 years the exports of Azerbaijan to Turks and Caicos Islands have decreased at an annualized rate of 2.18%,  from $14.2k in 2012 to $12.2k in 2020.

In 2020, Azerbaijan did not export any services to Turks and Caicos Islands.

Comparison In 2022,  Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Turks and Caicos Islands exported $50 to Azerbaijan. There were not main exports from Turks and Caicos Islands to Azerbaijan in 2020. During the last 8 years the exports of Turks and Caicos Islands to Azerbaijan have decreased at an annualized rate of 45%, from $5.94k in 2012 to $50 in 2020.

In 2003, Azerbaijan exported $12.2k to Turks and Caicos Islands. There were not main exports from Azerbaijan to Turks and Caicos Islands in 2003. During the last 5 years the exports of Azerbaijan to Turks and Caicos Islands have decreased at an annualized rate of 2.18%, from $14.2k in 2008 to $12.2k in 2003.

Exports from Turks and Caicos Islands (Flag) to Azerbaijan (Flag) (2020)

Exports from Azerbaijan (Flag) to Turks and Caicos Islands (Flag) (2020)

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Azerbaijan
Top Destination
Italy$18.3B

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

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

In 2022, countries that imported more from Azerbaijan than Turks and Caicos Islands included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Turks and Caicos Islands - Azerbaijan

Flow
Scale

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

During 2020, Turks and Caicos Islands had a large net trade with Azerbaijan in the exports of .

During 2003, Azerbaijan had a large net trade with Turks and Caicos Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Turks and Caicos Islands (Flag) and Azerbaijan (Flag) (2020)

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