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GDP
$1.14BCURRENT US$
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GDP GROWTH
56.6%CURRENT US$
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$281BCURRENT US$
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8.73%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
$50,537CURRENT US$
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GDP PC GROWTH
5.93%CURRENT US$
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About

Turks and Caicos Islands-Finland Trade: In 2020, Turks and Caicos Islands exported $1.38k to Finland. The main products that Turks and Caicos Islands exported to Finland were N/A. Over the past 5 years the exports of Turks and Caicos Islands to Finland have decreased at an annualized rate of 32.3%, from $9.7k in 2015 to $1.38k in 2020.

In 2020, Turks and Caicos Islands did not export any services to Finland.

Finland-Turks and Caicos Islands Trade: In 2020, Finland exported $4.31k to Turks and Caicos Islands. The main products that Finland exported to Turks and Caicos Islands were Sports Equipment ($3.16k) and Other Measuring Instruments ($1.15k). Over the past 5 years the exports of Finland to Turks and Caicos Islands have decreased at an annualized rate of 36.8%,  from $674k in 2015 to $4.31k in 2020.

In 2020, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Turks and Caicos Islands exported $1.38k to Finland. There were not main exports from Turks and Caicos Islands to Finland in 2020. During the last 5 years the exports of Turks and Caicos Islands to Finland have decreased at an annualized rate of 32.3%, from $9.7k in 2015 to $1.38k in 2020.

In 2017, Finland exported $4.31k to Turks and Caicos Islands. The main products exported from Finland to Turks and Caicos Islands were Sports Equipment ($3.16k) and Other Measuring Instruments ($1.15k). During the last 5 years the exports of Finland to Turks and Caicos Islands have decreased at an annualized rate of 36.8%, from $674k in 2022 to $4.31k in 2017.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Turks and Caicos Islands than Finland included Togo ($25.1M), Central African Republic ($643k), and Montserrat ($807).

In 2022, countries that imported more from Finland than Turks and Caicos Islands included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Turks and Caicos Islands - Finland

Flow
Scale

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

During 2020, Turks and Caicos Islands had a large net trade with Finland in the exports of .

During 2017, Finland had a large net trade with Turks and Caicos Islands in the exports of Miscellaneous ($3.16k) and Instruments ($1.15k).

Economic Complexity

Competitive Landscape

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

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

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