2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Turks and Caicos Islands-Trinidad and Tobago In 2022, Turks and Caicos Islands exported $3.32k to Trinidad and Tobago. The main products that Turks and Caicos Islands exported to Trinidad and Tobago are Artistry Paints ($2.84k), Vaccines, blood, antisera, toxins and cultures ($470), and Calendars ($6). During the last 23 years the exports of Turks and Caicos Islands to Trinidad and Tobago have decreased at an annualized rate of 12.2%, from $66.9k in 1999 to $3.32k in 2022.

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

Trinidad and Tobago-Turks and Caicos Islands In 2022, Trinidad and Tobago exported $1.14M to Turks and Caicos Islands. The main products that Trinidad and Tobago exported to Turks and Caicos Islands were Cement ($477k), Hard Liquor ($320k), and Plastic Pipes ($235k). During the last 23 years the exports of Trinidad and Tobago to Turks and Caicos Islands have increased at an annualized rate of 8.29%, from $183k in 1999 to $1.14M in 2022.

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

Comparison In 2022,  Turks and Caicos Islands ranked 204 in total exports ($41.4M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $3.32k to Trinidad and Tobago. The main products exported from Turks and Caicos Islands to Trinidad and Tobago were Artistry Paints ($2.84k), Vaccines, blood, antisera, toxins and cultures ($470), and Calendars ($6). During the last 23 years the exports of Turks and Caicos Islands to Trinidad and Tobago have decreased at an annualized rate of 12.2%, from $66.9k in 1999 to $3.32k in 2022.

In 2022, Trinidad and Tobago exported $1.14M to Turks and Caicos Islands. The main products exported from Trinidad and Tobago to Turks and Caicos Islands were Cement ($477k), Hard Liquor ($320k), and Plastic Pipes ($235k). During the last 27 years the exports of Trinidad and Tobago to Turks and Caicos Islands have increased at an annualized rate of 8.29%, from $183k in 1995 to $1.14M in 2022.

Exports from Turks and Caicos Islands (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Turks and Caicos Islands (Flag) (2022)

Latest Data

Trade between Turks and Caicos Islands (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2021, countries that imported more from Turks and Caicos Islands than Trinidad and Tobago were Togo ($25.1M), Zimbabwe ($2.62M), and Democratic Republic of the Congo ($1.12M).

In 2021, countries that imported more from Trinidad and Tobago than Turks and Caicos Islands were United States ($4.91B), Belgium ($894M), and Morocco ($740M).

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

Comparative Advantage Turks and Caicos Islands - Trinidad and Tobago

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($3.31k) and Paper Goods ($6).

During 2022, Trinidad and Tobago had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($477k), Foodstuffs ($321k), and Plastics and Rubbers ($236k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turks and Caicos Islands has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Turks and Caicos Islands.

Product Space of Turks and Caicos Islands (Flag) and Trinidad and Tobago (Flag) (2022)

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