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2023
Flag → Flag
Exports $29.6kRnk 35 / 92
2023
Flag → Flag
Top Product $17.1kMetalworking Machine Parts
2023
Flag → Flag
Exports $14MRnk 175 / 219
2023
Flag → Flag
Top Product $5.75MAluminium Structures
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC $30,349CURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Turks and Caicos Islands-Italy Trade: In 2023, Turks and Caicos Islands exported $29.6k to Italy. The main products that Turks and Caicos Islands exported to Italy were Metalworking Machine Parts ($17.1k), Jewellery ($8.13k), and Leather Apparel ($4.3k). Over the past 5 years the exports of Turks and Caicos Islands to Italy have decreased at an annualized rate of 15.3%, from $67.7k in 2018 to $29.6k in 2023.

In 2023, Turks and Caicos Islands did not export any services to Italy.

Italy-Turks and Caicos Islands Trade: In 2023, Italy exported $14M to Turks and Caicos Islands. The main products that Italy exported to Turks and Caicos Islands were Aluminium Structures ($5.75M), Other Furniture ($2.98M), and Wine ($1.29M). Over the past 5 years the exports of Italy to Turks and Caicos Islands have increased at an annualized rate of 16.4%,  from $3.58M in 2018 to $14M in 2023.

In 2023, Italy did not export any services to Turks and Caicos Islands.

Comparison In 2023,  Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $29.6k to Italy. The main products exported from Turks and Caicos Islands to Italy were Metalworking Machine Parts ($17.1k), Jewellery ($8.13k), and Leather Apparel ($4.3k). During the last 5 years the exports of Turks and Caicos Islands to Italy have decreased at an annualized rate of 15.3%, from $67.7k in 2018 to $29.6k in 2023.

In 2018, Italy exported $14M to Turks and Caicos Islands. The main products exported from Italy to Turks and Caicos Islands were Aluminium Structures ($5.75M), Other Furniture ($2.98M), and Wine ($1.29M). During the last 5 years the exports of Italy to Turks and Caicos Islands have increased at an annualized rate of 16.4%, from $3.58M in 2023 to $14M in 2018.

Exports from Turks and Caicos Islands (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Turks and Caicos Islands (Flag) (2023)

Latest Data

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

Italy Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationGabon$5.91M
Italy
Top DestinationGermany$71.4B

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

In 2023, no countries were registered that imported more from Turks and Caicos Islands than from Italy.

In 2023, countries that imported more from Italy than Turks and Caicos Islands included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Turks and Caicos Islands (Flag) (2023)

Comparative Advantage Turks and Caicos Islands - Italy

Flow
Scale

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

During 2023, Turks and Caicos Islands had a large net trade with Italy in the exports of Machines ($17.1k), Precious Metals ($8.13k), and Animal Hides ($4.3k).

During 2018, Italy had a large net trade with Turks and Caicos Islands in the exports of Metals ($6.08M), Miscellaneous ($3.2M), and Foodstuffs ($1.98M).

Economic Complexity

Competitive Landscape

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

Product Space of Turks and Caicos Islands (Flag) and Italy (Flag) (2023)

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