Turks and Caicos Islands (TCA) and Nicaragua (NIC) Trade | The Observatory of Economic Complexity

About

Turks and Caicos Islands-Nicaragua Trade: In 2022, Turks and Caicos Islands exported $1.05k to Nicaragua. The main products that Turks and Caicos Islands exported to Nicaragua were Other Electrical Machinery ($1.05k). Over the past 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 30%, from $282 in 2017 to $1.05k in 2022.

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

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

In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turks and Caicos Islands exported $1.05k to Nicaragua. The main products exported from Turks and Caicos Islands to Nicaragua were Other Electrical Machinery ($1.05k). During the last 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 30%, from $282 in 2017 to $1.05k in 2022.

Nicaragua does not register exports to Turks and Caicos Islands.

Exports from Turks and Caicos Islands () to Nicaragua () (2022)

Exports from Nicaragua () to Turks and Caicos Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turks and Caicos Islands
Top DestinationTogo$25.1M

Nicaragua
Top DestinationUnited States$4.09B

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

In 2022, countries that imported more from Turks and Caicos Islands than Nicaragua included Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

In 2022, countries that imported more from Nicaragua than Turks and Caicos Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

Difference in imports from Nicaragua () and Turks and Caicos Islands () (2022)

Comparative Advantage Turks and Caicos Islands - Nicaragua

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turks and Caicos Islands had a large net trade with Nicaragua in the exports of Machines ($1.05k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turks and Caicos Islands () to Nicaragua () (2022)

Exports from Nicaragua () to Turks and Caicos Islands () (2022)

Market Competitiveness

Difference in imports from Nicaragua () and Turks and Caicos Islands () (2022)

Comparative Advantage Turks and Caicos Islands - Nicaragua

Economic Complexity

Competitive Landscape

Product Space of Turks and Caicos Islands () and Nicaragua () (2022)

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