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2023
Flag → Flag
Exports $39.7kRnk 26 / 92
2023
Flag → Flag
Top Product $38.9kPaper Containers
2023
Flag → Flag
Exports $814MRnk 22 / 0
2023
Flag
Economic Complexity (ECI) ECI -1Rnk 111 / 132
2023
Flag  
GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
 GDP$17.8BCURRENT US$
Rnk 127 / 195
2013-2023
Flag
GDP GROWTH62.3%CURRENT US$
Rnk 48 / 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$2,613CURRENT US$
Rnk 145 / 196
2013-2023
Flag
GDP PC GROWTH42.4%CURRENT US$
Rnk 58 / 195

About

Turks and Caicos Islands-Nicaragua Trade: In 2023, Turks and Caicos Islands exported $39.7k to Nicaragua. The main products that Turks and Caicos Islands exported to Nicaragua were Paper Containers ($38.9k), Bi-Wheel Vehicle Parts ($758), and Children's Picture Books ($13). Over the past 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 212%, from $134 in 2018 to $39.7k in 2023.

In 2023, 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 2023, Nicaragua 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, Nicaragua ranked 111 in the Economic Complexity Index (ECI -1), and 110 in total exports ($8.51B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turks and Caicos Islands exported $39.7k to Nicaragua. The main products exported from Turks and Caicos Islands to Nicaragua were Paper Containers ($38.9k), Bi-Wheel Vehicle Parts ($758), and Children's Picture Books ($13). During the last 5 years the exports of Turks and Caicos Islands to Nicaragua have increased at an annualized rate of 212%, from $134 in 2018 to $39.7k in 2023.

Nicaragua does not register exports to Turks and Caicos Islands.

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

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

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationGabon$5.91M
Nicaragua
Top DestinationUnited States$4.38B

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 2023, countries that imported more from Turks and Caicos Islands than Nicaragua included Gabon ($5.91M), Zimbabwe ($3.79M), and Mozambique ($636k).

In 2023, countries that imported more from Nicaragua than Turks and Caicos Islands included United States ($4.38B), Mexico ($1.04B), and El Salvador ($488M).

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

Comparative Advantage Turks and Caicos Islands - Nicaragua

Flow
Scale

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 2023, Turks and Caicos Islands had a large net trade with Nicaragua in the exports of Paper Goods ($38.9k) and Transportation ($758).

Economic Complexity

Competitive Landscape

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.

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

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