2022
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GDP
$1.14BCURRENT US$
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2012-2022
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GDP GROWTH
56.6%CURRENT US$
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2022
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 GDP
$2.14TCURRENT US$
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GDP GROWTH
17%CURRENT US$
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GDP PC 
$24,918CURRENT US$
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GDP PC GROWTH
9.93%CURRENT US$
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2022
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GDP PC
$54,966CURRENT US$
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2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
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About

Turks and Caicos Islands-Canada Trade: In 2022, Turks and Caicos Islands exported $472k to Canada. The main products that Turks and Caicos Islands exported to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). Over the past 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 41.7%, from $82.4k in 2017 to $472k in 2022.

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

Canada-Turks and Caicos Islands Trade: In 2022, Canada exported $6.65M to Turks and Caicos Islands. The main products that Canada exported to Turks and Caicos Islands were Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). Over the past 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 9.9%,  from $4.15M in 2017 to $6.65M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $472k to Canada. The main products exported from Turks and Caicos Islands to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). During the last 5 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 41.7%, from $82.4k in 2017 to $472k in 2022.

In 2017, Canada exported $6.65M to Turks and Caicos Islands. The main products exported from Canada to Turks and Caicos Islands were Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). During the last 5 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 9.9%, from $4.15M in 2022 to $6.65M in 2017.

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

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

Latest Data

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

Canada Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Canada
Top Destination
United States$438B

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

In 2022, countries that imported more from Turks and Caicos Islands than Canada included Central African Republic ($643k).

In 2022, countries that imported more from Canada than Turks and Caicos Islands included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Turks and Caicos Islands - Canada

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Canada in the exports of Machines ($293k), Transportation ($100k), and Plastics and Rubbers ($71.4k).

During 2017, Canada had a large net trade with Turks and Caicos Islands in the exports of Machines ($1.65M), Miscellaneous ($1.16M), and Metals ($880k).

Economic Complexity

Competitive Landscape

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

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

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