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GDP
$1.14BCURRENT US$
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GDP GROWTH
56.6%CURRENT US$
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$1.4TCURRENT US$
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GDP GROWTH
5.49%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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GDP PC
$29,350CURRENT US$
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GDP PC GROWTH
3.63%CURRENT US$
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About

Turks and Caicos Islands-Spain Trade: In 2022, Turks and Caicos Islands exported $16.5k to Spain. The main products that Turks and Caicos Islands exported to Spain were Raw Plastic Sheeting ($10.5k), Harvesting Machinery ($2.53k), and Padlocks ($2.17k). Over the past 5 years the exports of Turks and Caicos Islands to Spain have decreased at an annualized rate of 62.2%, from $2.14M in 2017 to $16.5k in 2022.

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

Spain-Turks and Caicos Islands Trade: In 2022, Spain exported $1.26M to Turks and Caicos Islands. The main products that Spain exported to Turks and Caicos Islands were Unglazed Ceramics ($498k), Building Stone ($136k), and Plywood ($121k). Over the past 5 years the exports of Spain to Turks and Caicos Islands have increased at an annualized rate of 64.7%,  from $104k in 2017 to $1.26M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $16.5k to Spain. The main products exported from Turks and Caicos Islands to Spain were Raw Plastic Sheeting ($10.5k), Harvesting Machinery ($2.53k), and Padlocks ($2.17k). During the last 5 years the exports of Turks and Caicos Islands to Spain have decreased at an annualized rate of 62.2%, from $2.14M in 2017 to $16.5k in 2022.

In 2017, Spain exported $1.26M to Turks and Caicos Islands. The main products exported from Spain to Turks and Caicos Islands were Unglazed Ceramics ($498k), Building Stone ($136k), and Plywood ($121k). During the last 5 years the exports of Spain to Turks and Caicos Islands have increased at an annualized rate of 64.7%, from $104k in 2022 to $1.26M in 2017.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from Turks and Caicos Islands than from Spain.

In 2022, countries that imported more from Spain than Turks and Caicos Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Turks and Caicos Islands - Spain

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Spain in the exports of Plastics and Rubbers ($10.5k), Machines ($3.77k), and Metals ($2.17k).

During 2017, Spain had a large net trade with Turks and Caicos Islands in the exports of Stone And Glass ($678k), Wood Products ($235k), and Miscellaneous ($148k).

Economic Complexity

Competitive Landscape

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

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

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