2023
Flag  
GDP
$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC 
$30,349CURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP PC GROWTH
35.4%CURRENT US$
Rnk 69 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Turks and Caicos Islands-Jamaica Trade: In 2023, Turks and Caicos Islands exported $16k to Jamaica. The main products that Turks and Caicos Islands exported to Jamaica were Aluminium Structures ($12k), Interior Decorative Glassware ($811), and Refined Petroleum ($631). Over the past 5 years the exports of Turks and Caicos Islands to Jamaica have decreased at an annualized rate of 10.1%, from $27.2k in 2018 to $16k in 2023.

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

Jamaica-Turks and Caicos Islands Trade: In 2023, Jamaica exported $3.53M to Turks and Caicos Islands. The main products that Jamaica exported to Turks and Caicos Islands were Sand ($540k), Cement ($430k), and Other Prepared Meat ($399k). Over the past 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 20.3%,  from $1.4M in 2018 to $3.53M in 2023.

In 2023, Jamaica 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, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $16k to Jamaica. The main products exported from Turks and Caicos Islands to Jamaica were Aluminium Structures ($12k), Interior Decorative Glassware ($811), and Refined Petroleum ($631). During the last 5 years the exports of Turks and Caicos Islands to Jamaica have decreased at an annualized rate of 10.1%, from $27.2k in 2018 to $16k in 2023.

In 2018, Jamaica exported $3.53M to Turks and Caicos Islands. The main products exported from Jamaica to Turks and Caicos Islands were Sand ($540k), Cement ($430k), and Other Prepared Meat ($399k). During the last 5 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 20.3%, from $1.4M in 2023 to $3.53M in 2018.

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

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

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Gabon$5.91M
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Turks and Caicos Islands than Jamaica included Gabon ($5.91M), Zimbabwe ($3.79M), and Mauritania ($502k).

In 2023, countries that imported more from Jamaica than Turks and Caicos Islands included United States ($709M), Russia ($138M), and Latvia ($131M).

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

Comparative Advantage Turks and Caicos Islands - Jamaica

Flow
Scale

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

During 2023, Turks and Caicos Islands had a large net trade with Jamaica in the exports of Metals ($12k), Machines ($819), and Stone And Glass ($811).

During 2018, Jamaica had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($1.37M), Foodstuffs ($1.34M), and Vegetable Products ($409k).

Economic Complexity

Competitive Landscape

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

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

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