2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 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
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Turks and Caicos Islands-Costa Rica Trade: In 2022, Turks and Caicos Islands exported $352 to Costa Rica. The main products that Turks and Caicos Islands exported to Costa Rica were Trunks and Cases ($315) and Motor vehicles; parts and accessories (8701 to 8705) ($37). Over the past 5 years the exports of Turks and Caicos Islands to Costa Rica have decreased at an annualized rate of 44.5%, from $6.71k in 2017 to $352 in 2022.

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

Costa Rica-Turks and Caicos Islands In N/A, Costa Rica did not export any products to Turks and Caicos Islands.

In 2022, Costa Rica 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, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $352 to Costa Rica. The main products exported from Turks and Caicos Islands to Costa Rica were Trunks and Cases ($315) and Motor vehicles; parts and accessories (8701 to 8705) ($37). During the last 5 years the exports of Turks and Caicos Islands to Costa Rica have decreased at an annualized rate of 44.5%, from $6.71k in 2017 to $352 in 2022.

Costa Rica does not register exports to Turks and Caicos Islands. The main products exported from Costa Rica to Turks and Caicos Islands were Plastic Pipes ($47.2k) and Asbestos Cement Articles ($3.67k).

Exports from Turks and Caicos Islands (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Turks and Caicos Islands (Flag) (2022)

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Costa Rica
Top Destination
United States$6.83B

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

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

In 2022, countries that imported more from Costa Rica than Turks and Caicos Islands included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

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

Comparative Advantage Turks and Caicos Islands - Costa Rica

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Costa Rica in the exports of Animal Hides ($315) and Transportation ($37).

Economic Complexity

Competitive Landscape

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

Product Space of Turks and Caicos Islands (Flag) and Costa Rica (Flag) (2022)

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