2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
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 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Turks and Caicos Islands-Sweden Trade: In 2022, Turks and Caicos Islands exported $15.4k to Sweden. The main products that Turks and Caicos Islands exported to Sweden were Self-adhesive Plastics ($5.66k), Broadcasting Equipment ($5.14k), and Interchangeable Tool Parts ($2.67k). Over the past 5 years the exports of Turks and Caicos Islands to Sweden have decreased at an annualized rate of 26.5%, from $71.5k in 2017 to $15.4k in 2022.

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

Sweden-Turks and Caicos Islands Trade: In 2022, Sweden exported $358k to Turks and Caicos Islands. The main products that Sweden exported to Turks and Caicos Islands were Trailers and semi-trailers, not mechanically propelled vehicles ($212k), Hard Liquor ($110k), and Liquid Pumps ($13.7k). Over the past 5 years the exports of Sweden to Turks and Caicos Islands have increased at an annualized rate of 0.83%,  from $316k in 2017 to $358k in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $15.4k to Sweden. The main products exported from Turks and Caicos Islands to Sweden were Self-adhesive Plastics ($5.66k), Broadcasting Equipment ($5.14k), and Interchangeable Tool Parts ($2.67k). During the last 5 years the exports of Turks and Caicos Islands to Sweden have decreased at an annualized rate of 26.5%, from $71.5k in 2017 to $15.4k in 2022.

In 2017, Sweden exported $358k to Turks and Caicos Islands. The main products exported from Sweden to Turks and Caicos Islands were Trailers and semi-trailers, not mechanically propelled vehicles ($212k), Hard Liquor ($110k), and Liquid Pumps ($13.7k). During the last 5 years the exports of Sweden to Turks and Caicos Islands have increased at an annualized rate of 0.83%, from $316k in 2022 to $358k in 2017.

Exports from Turks and Caicos Islands (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Turks and Caicos Islands (Flag) (2022)

Latest Data

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

Sweden Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Turks and Caicos Islands than Sweden included Togo ($25.1M), Central African Republic ($643k), and Montserrat ($807).

In 2022, countries that imported more from Sweden than Turks and Caicos Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

Difference in imports from Sweden (Flag) and Turks and Caicos Islands (Flag) (2022)

Comparative Advantage Turks and Caicos Islands - Sweden

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Sweden in the exports of Machines ($5.93k), Plastics and Rubbers ($5.66k), and Metals ($2.67k).

During 2017, Sweden had a large net trade with Turks and Caicos Islands in the exports of Transportation ($212k), Foodstuffs ($110k), and Machines ($24.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Turks and Caicos Islands (Flag) and Sweden (Flag) (2022)

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