Turks and Caicos Islands (TCA) and Singapore (SGP) Trade | The Observatory of Economic Complexity

About

Turks and Caicos Islands-Singapore Trade: In 2022, Turks and Caicos Islands exported $420k to Singapore. The main products that Turks and Caicos Islands exported to Singapore were Integrated Circuits ($221k), Other Electrical Machinery ($95.2k), and Excavation Machinery ($72.9k). Over the past 5 years the exports of Turks and Caicos Islands to Singapore have decreased at an annualized rate of 0.35%, from $428k in 2017 to $420k in 2022.

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

Singapore-Turks and Caicos Islands Trade: In 2022, Singapore exported $1.4M to Turks and Caicos Islands. The main products that Singapore exported to Turks and Caicos Islands were Cars ($730k), Semiconductor Devices ($210k), and Video Recording Equipment ($179k). Over the past 5 years the exports of Singapore to Turks and Caicos Islands have increased at an annualized rate of 34.8%, from $315k in 2017 to $1.4M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turks and Caicos Islands exported $420k to Singapore. The main products exported from Turks and Caicos Islands to Singapore were Integrated Circuits ($221k), Other Electrical Machinery ($95.2k), and Excavation Machinery ($72.9k). During the last 5 years the exports of Turks and Caicos Islands to Singapore have decreased at an annualized rate of 0.35%, from $428k in 2017 to $420k in 2022.

In 2017, Singapore exported $1.4M to Turks and Caicos Islands. The main products exported from Singapore to Turks and Caicos Islands were Cars ($730k), Semiconductor Devices ($210k), and Video Recording Equipment ($179k). During the last 5 years the exports of Singapore to Turks and Caicos Islands have increased at an annualized rate of 34.8%, from $315k in 2022 to $1.4M in 2017.

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

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

Latest Data

Trade between Turks and Caicos Islands () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turks and Caicos Islands
Top DestinationTogo$25.1M

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, no countries were registered that imported more from Turks and Caicos Islands than from Singapore.

In 2022, countries that imported more from Singapore than Turks and Caicos Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Turks and Caicos Islands - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turks and Caicos Islands had a large net trade with Singapore in the exports of Machines ($396k), Arts and Antiques ($16k), and Textiles ($3.01k).

During 2017, Singapore had a large net trade with Turks and Caicos Islands in the exports of Transportation ($735k), Machines ($663k), and Textiles ($883).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Turks and Caicos Islands and Singapore. This means that a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore 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 Singapore () (2022)

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

Latest Data

Trade between Turks and Caicos Islands () and Singapore ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Turks and Caicos Islands - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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