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Pricing

2022
Flag → Flag
Exports $6.65MRnk 163 / 215
2022
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Top Product $795kOther Furniture
2022
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Exports $472kRnk 9 / 85
2022
Flag → Flag
Top Product $244kHarvesting Machinery
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
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 PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 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

About

Canada-Turks and Caicos Islands In 2022, Canada exported $6.65M to Turks and Caicos Islands. The main products that Canada exported to Turks and Caicos Islands are Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). During the last 27 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 10.5%, from $453k in 1995 to $6.65M in 2022.

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

Turks and Caicos Islands-Canada In 2022, Turks and Caicos Islands exported $472k to Canada. The main products that Turks and Caicos Islands exported to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). During the last 27 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 14.5%, from $12.2k in 1995 to $472k in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Canada exported C$1.26M and imported C$13.3k from Turks and Caicos Islands, resulting in a positive trade balance of C$1.25M. Between February 2023 and February 2024 the exports of Canada have increased by C$697k (124%) from C$561k to C$1.26M, while imports increased by C$8.88k (199%) from C$4.46k to C$13.3k.

Trade In February 2024, the top exports of Canada to Turks and Caicos Islands were Refrigerators (C$42k), Plastic Building Materials (C$33.2k), Bulbs and Roots (C$30.2k), Amino-resins (C$24.7k), and Valves (C$21.1k). In February 2024 the top imports of Canada from Turks and Caicos Islands were Other Hand Tools (C$5.01k) and Ball Bearings (C$95).

Origins In February 2024 the exports of Canada were mainly from Quebec (C$949k), Alberta (C$201k), and Ontario (C$108k), while imports destinations were mainly Quebec (C$8.4k), British Columbia (C$4.94k), and Ontario (C$7).

Growth In February 2024, the increase in Canada's year-by-year exports to Turks and Caicos Islands was explained primarily by an increase in product exports in Valves (C$20.1k or 1.96k%), Refrigerators (C$12.1k or 40.5%), and Bulbs and Roots (C$5.82k or 23.9%). In February 2024, the increase in Canada's year-by-year imports  from Turks and Caicos Islands was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)C$697k(124%)
IMPORT GROWTH (February 2023 - February 2024)C$8.88k(199%)
MAIN EXPORTER (February 2024)QuebecC$949k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Turks and Caicos Islands and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turks and Caicos Islands and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $6.65M to Turks and Caicos Islands. The main products exported from Canada to Turks and Caicos Islands were Other Furniture ($795k), Sawn Wood ($698k), and Cars ($469k). During the last 27 years the exports of Canada to Turks and Caicos Islands have increased at an annualized rate of 10.5%, from $453k in 1995 to $6.65M in 2022.

In 2022, Turks and Caicos Islands exported $472k to Canada. The main products exported from Turks and Caicos Islands to Canada were Harvesting Machinery ($244k), Motor vehicles; parts and accessories (8701 to 8705) ($79k), and Raw Plastic Sheeting ($56.1k). During the last 27 years the exports of Turks and Caicos Islands to Canada have increased at an annualized rate of 14.5%, from $12.2k in 1995 to $472k in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Turks and Caicos Islands
Top DestinationTogo$25.1M

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

In 2021, countries that imported more from Canada than Turks and Caicos Islands were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Turks and Caicos Islands than Canada were Central African Republic ($643k).

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

Comparative Advantage Canada - Turks and Caicos Islands

Flow
Scale

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

During 2022, Canada had a large net trade with Turks and Caicos Islands in the exports of Machines ($1.65M), Miscellaneous ($1.16M), and Metals ($880k).

During 2022, Turks and Caicos Islands had a large net trade with Canada in the exports of Machines ($293k), Transportation ($100k), and Plastics and Rubbers ($71.4k).

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

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

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