2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 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
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Turks and Caicos Islands-Iceland In 2021, Turks and Caicos Islands exported $259 to Iceland. The main products that Turks and Caicos Islands exported to Iceland are N/A. During the last 7 years the exports of Turks and Caicos Islands to Iceland have decreased at an annualized rate of 0.22%, from $263 in 2014 to $259 in 2021.

In 2021, Turks and Caicos Islands did not export any services to Iceland.

Iceland-Turks and Caicos Islands In 2021, Iceland exported $76.7k to Turks and Caicos Islands. The main products that Iceland exported to Turks and Caicos Islands were N/A. During the last 7 years the exports of Iceland to Turks and Caicos Islands have increased at an annualized rate of 56.7%, from $3.31k in 2014 to $76.7k in 2021.

In 2021, Iceland 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, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Turks and Caicos Islands exported $259 to Iceland. There were not main exports from Turks and Caicos Islands to Iceland in 2021. During the last 7 years the exports of Turks and Caicos Islands to Iceland have decreased at an annualized rate of 0.22%, from $263 in 2014 to $259 in 2021.

In 2018, Iceland exported $76.7k to Turks and Caicos Islands. There were not main exports from Iceland to Turks and Caicos Islands in 2018. During the last 13 years the exports of Iceland to Turks and Caicos Islands have increased at an annualized rate of 56.7%, from $3.31k in 2005 to $76.7k in 2018.

Exports from Turks and Caicos Islands (Flag) to Iceland (Flag) (2021)

Exports from Iceland (Flag) to Turks and Caicos Islands (Flag) (2021)

Latest Data

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

Iceland Exports

Date

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Iceland
Top Destination
Netherlands$1.97B

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

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

In 2021, countries that imported more from Iceland than Turks and Caicos Islands were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Turks and Caicos Islands - Iceland

Flow
Scale

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

During 2021, Turks and Caicos Islands had a large net trade with Iceland in the exports of .

During 2018, Iceland had a large net trade with Turks and Caicos Islands in the exports of .

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

Product Space of Turks and Caicos Islands (Flag) and Iceland (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with