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2022
Flag → Flag
Exports $116kRnk 20 / 85
2022
Flag → Flag
Top Product $111kLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $11.4MRnk 177 / 221
2022
Flag → Flag
Top Product $4.25MAluminium Structures
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
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GDP GROWTH56.6%CURRENT US$
Rnk 46 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $24,918CURRENT US$
Rnk 44 / 186
2012-2022
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GDP PC GROWTH9.93%CURRENT US$
Rnk 118 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Turks and Caicos Islands-Italy In 2022, Turks and Caicos Islands exported $116k to Italy. The main products that Turks and Caicos Islands exported to Italy are Light Rubberized Knitted Fabric ($111k), Other Engines ($2.65k), and Leather Apparel ($2.59k). During the last 26 years the exports of Turks and Caicos Islands to Italy have decreased at an annualized rate of 14.6%, from $6.92M in 1996 to $116k in 2022.

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

Italy-Turks and Caicos Islands In 2022, Italy exported $11.4M to Turks and Caicos Islands. The main products that Italy exported to Turks and Caicos Islands were Aluminium Structures ($4.25M), Other Furniture ($2.52M), and Wine ($1.19M). During the last 26 years the exports of Italy to Turks and Caicos Islands have increased at an annualized rate of 14.5%, from $338k in 1996 to $11.4M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $116k to Italy. The main products exported from Turks and Caicos Islands to Italy were Light Rubberized Knitted Fabric ($111k), Other Engines ($2.65k), and Leather Apparel ($2.59k). During the last 26 years the exports of Turks and Caicos Islands to Italy have decreased at an annualized rate of 14.6%, from $6.92M in 1996 to $116k in 2022.

In 2022, Italy exported $11.4M to Turks and Caicos Islands. The main products exported from Italy to Turks and Caicos Islands were Aluminium Structures ($4.25M), Other Furniture ($2.52M), and Wine ($1.19M). During the last 27 years the exports of Italy to Turks and Caicos Islands have increased at an annualized rate of 14.5%, from $338k in 1995 to $11.4M in 2022.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationTogo$25.1M
Italy
Top DestinationGermany$78.5B

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

In 2019, no countries were registered that imported more from Turks and Caicos Islands than from Italy.

In 2021, countries that imported more from Italy than Turks and Caicos Islands were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Turks and Caicos Islands - Italy

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Italy in the exports of Textiles ($111k), Machines ($2.65k), and Animal Hides ($2.59k).

During 2022, Italy had a large net trade with Turks and Caicos Islands in the exports of Metals ($4.28M), Miscellaneous ($2.83M), and Foodstuffs ($1.64M).

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 Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Turks and Caicos Islands.

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

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