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2022
Flag → Flag
Exports $106kRnk 22 / 85
2022
Flag → Flag
Top Product $53.3kCoffee and Tea Extracts
2022
Flag → Flag
Exports $27.3MRnk 89 / 0
2022
Flag  
GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

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 Coffee and Tea Extracts ($53.3k), Refrigerators ($26.4k), and Other Heating Machinery ($9.94k). 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 2022,  Turks and Caicos Islands ranked 204 in total exports ($41.4M). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $106k to Bermuda. The main products exported from Turks and Caicos Islands to Bermuda were Coffee and Tea Extracts ($53.3k), Refrigerators ($26.4k), and Other Heating Machinery ($9.94k). 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 (Flag) to Bermuda (Flag) (2022)

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

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationTogo$25.1M
Bermuda
Top DestinationZambia$17.5M

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 2022, countries that imported more from Turks and Caicos Islands than Bermuda included Togo ($25.1M), Democratic Republic of the Congo ($1.12M), and Central African Republic ($643k).

In 2022, countries that imported more from Bermuda than Turks and Caicos Islands included Zambia ($17.5M), France ($6.99M), and Angola ($7.13M).

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

Comparative Advantage Turks and Caicos Islands - Bermuda

Flow
Scale

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 Foodstuffs ($53.3k), Machines ($44.6k), and Miscellaneous ($4.53k).

Economic Complexity

Competitive Landscape

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.

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

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