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2022
Flag → Flag
Exports $342kRnk 13 / 85
2022
Flag → Flag
Top Product $337kScrap Iron
2022
Flag → Flag
Exports $1.16MRnk 132 / 187
2022
Flag → Flag
Top Product $782kAluminium Structures
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Turks and Caicos Islands-Colombia Trade: In 2022, Turks and Caicos Islands exported $342k to Colombia. The main products that Turks and Caicos Islands exported to Colombia were Scrap Iron ($337k), Transmissions ($3.92k), and Engine Parts ($539). Over the past 8 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 138%, from $335 in 2014 to $342k in 2022.

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

Colombia-Turks and Caicos Islands Trade: In 2022, Colombia exported $1.16M to Turks and Caicos Islands. The main products that Colombia exported to Turks and Caicos Islands were Aluminium Structures ($782k), Shaped Wood ($164k), and Electric Batteries ($53.6k). Over the past 8 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 59.4%,  from $112k in 2014 to $1.16M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $342k to Colombia. The main products exported from Turks and Caicos Islands to Colombia were Scrap Iron ($337k), Transmissions ($3.92k), and Engine Parts ($539). During the last 8 years the exports of Turks and Caicos Islands to Colombia have increased at an annualized rate of 138%, from $335 in 2014 to $342k in 2022.

In 2017, Colombia exported $1.16M to Turks and Caicos Islands. The main products exported from Colombia to Turks and Caicos Islands were Aluminium Structures ($782k), Shaped Wood ($164k), and Electric Batteries ($53.6k). During the last 5 years the exports of Colombia to Turks and Caicos Islands have increased at an annualized rate of 59.4%, from $112k in 2022 to $1.16M in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationTogo$25.1M
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Turks and Caicos Islands than Colombia included Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

In 2022, countries that imported more from Colombia than Turks and Caicos Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Turks and Caicos Islands - Colombia

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Colombia in the exports of Metals ($337k) and Machines ($4.46k).

During 2017, Colombia had a large net trade with Turks and Caicos Islands in the exports of Metals ($787k), Wood Products ($189k), and Machines ($53.6k).

Economic Complexity

Competitive Landscape

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

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

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