2023
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GDP
$381BCURRENT US$
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2013-2023
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GDP GROWTH
-5.04%CURRENT US$
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2023
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 GDP
$1.4BCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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GDP PC 
$6,023CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.9%CURRENT US$
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2023
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GDP PC
$30,349CURRENT US$
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2013-2023
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GDP PC GROWTH
35.4%CURRENT US$
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About

South Africa-Turks and Caicos Islands Trade: In 2023, South Africa exported $34.6k to Turks and Caicos Islands. The main products that South Africa exported to Turks and Caicos Islands were Wine ($13.7k), Other Engines ($10.4k), and Pulley Systems ($8.75k). Over the past 5 years the exports of South Africa to Turks and Caicos Islands have increased at an annualized rate of 18.8%, from $14.6k in 2018 to $34.6k in 2023.

In 2023, South Africa did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-South Africa Trade: In 2023, Turks and Caicos Islands exported $15.5k to South Africa. The main products that Turks and Caicos Islands exported to South Africa were Rubber Belting ($4.17k), Motor vehicles; parts and accessories (8701 to 8705) ($3.32k), and Other Engines ($3.27k). Over the past 5 years the exports of Turks and Caicos Islands to South Africa have decreased at an annualized rate of 28.5%,  from $116k in 2018 to $15.5k in 2023.

In 2023, Turks and Caicos Islands did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $34.6k to Turks and Caicos Islands. The main products exported from South Africa to Turks and Caicos Islands were Wine ($13.7k), Other Engines ($10.4k), and Pulley Systems ($8.75k). During the last 5 years the exports of South Africa to Turks and Caicos Islands have increased at an annualized rate of 18.8%, from $14.6k in 2018 to $34.6k in 2023.

In 2018, Turks and Caicos Islands exported $15.5k to South Africa. The main products exported from Turks and Caicos Islands to South Africa were Rubber Belting ($4.17k), Motor vehicles; parts and accessories (8701 to 8705) ($3.32k), and Other Engines ($3.27k). During the last 5 years the exports of Turks and Caicos Islands to South Africa have decreased at an annualized rate of 28.5%, from $116k in 2023 to $15.5k in 2018.

Exports from South Africa (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Turks and Caicos Islands
Top Destination
Gabon$5.91M

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

In 2023, countries that imported more from South Africa than Turks and Caicos Islands included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, no countries were registered that imported more from Turks and Caicos Islands than from South Africa.

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

Comparative Advantage South Africa - Turks and Caicos Islands

Flow
Scale

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

During 2023, South Africa had a large net trade with Turks and Caicos Islands in the exports of Machines ($19.2k), Foodstuffs ($13.7k), and Metals ($1.7k).

During 2018, Turks and Caicos Islands had a large net trade with South Africa in the exports of Machines ($7.93k), Plastics and Rubbers ($4.17k), and Transportation ($3.32k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Turks and Caicos Islands (Flag) (2023)

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