Turks and Caicos Islands (TCA) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

About

Turks and Caicos Islands-Bermuda Trade: In 2022, Turks and Caicos Islands exported $106k to Bermuda. The main products that Turks and Caicos Islands exported to Bermuda were N/A. Over the past 6 years the exports of Turks and Caicos Islands to Bermuda have increased at an annualized rate of 58.3%, from $6.72k in 2016 to $106k in 2022.

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

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

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

Comparison In 2023, Turks and Caicos Islands ranked 210 in total exports ($21.9M). That same year, Bermuda ranked 179 in total exports ($254M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turks and Caicos Islands exported $106k to Bermuda. There were not main exports from Turks and Caicos Islands to Bermuda in 2022. During the last 6 years the exports of Turks and Caicos Islands to Bermuda have increased at an annualized rate of 58.3%, from $6.72k in 2016 to $106k in 2022.

Bermuda does not register exports to Turks and Caicos Islands.

Exports from Turks and Caicos Islands () to Bermuda () (2022)

Exports from Bermuda () to Turks and Caicos Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turks and Caicos Islands
Top DestinationGabon$5.91M

Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Turks and Caicos Islands than Bermuda included Gabon ($5.91M), Zimbabwe ($3.79M), and Czechia ($1.67M).

In 2023, countries that imported more from Bermuda than Turks and Caicos Islands included Germany ($101M), South Africa ($96.3M), and Netherlands ($37.9M).

Difference in imports from Bermuda () and Turks and Caicos Islands () (2023)

Comparative Advantage Turks and Caicos Islands - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turks and Caicos Islands had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turks and Caicos Islands () to Bermuda () (2022)

Exports from Bermuda () to Turks and Caicos Islands () (2022)

Market Competitiveness

Difference in imports from Bermuda () and Turks and Caicos Islands () (2023)

Comparative Advantage Turks and Caicos Islands - Bermuda

Economic Complexity

Competitive Landscape

Product Space of Turks and Caicos Islands () and Bermuda () (2022)

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