2022
Flag  
GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
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GDP GROWTH
56.6%CURRENT US$
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2022
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 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$24,918CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Turks and Caicos Islands-Jamaica In 2022, Turks and Caicos Islands exported $26.6k to Jamaica. The main products that Turks and Caicos Islands exported to Jamaica are Calculators ($18.7k), Trunks and Cases ($1.89k), and Shaving Products ($1.52k). During the last 26 years the exports of Turks and Caicos Islands to Jamaica have increased at an annualized rate of 4.58%, from $8.29k in 1996 to $26.6k in 2022.

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

Jamaica-Turks and Caicos Islands In 2022, Jamaica exported $3.8M to Turks and Caicos Islands. The main products that Jamaica exported to Turks and Caicos Islands were Sand ($668k), Gravel and Crushed Stone ($535k), and Coffee ($299k). During the last 26 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 10.5%, from $282k in 1996 to $3.8M in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $26.6k to Jamaica. The main products exported from Turks and Caicos Islands to Jamaica were Calculators ($18.7k), Trunks and Cases ($1.89k), and Shaving Products ($1.52k). During the last 26 years the exports of Turks and Caicos Islands to Jamaica have increased at an annualized rate of 4.58%, from $8.29k in 1996 to $26.6k in 2022.

In 2022, Jamaica exported $3.8M to Turks and Caicos Islands. The main products exported from Jamaica to Turks and Caicos Islands were Sand ($668k), Gravel and Crushed Stone ($535k), and Coffee ($299k). During the last 26 years the exports of Jamaica to Turks and Caicos Islands have increased at an annualized rate of 10.5%, from $282k in 1996 to $3.8M in 2022.

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

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

Market Competitiveness

Color
Turks and Caicos Islands
Top Destination
Togo$25.1M
Jamaica
Top Destination
United States$1.11B

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

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

In 2021, countries that imported more from Jamaica than Turks and Caicos Islands were United States ($1.11B), Russia ($99.7M), and Canada ($81M).

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

Comparative Advantage Turks and Caicos Islands - Jamaica

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Jamaica in the exports of Machines ($19.8k), Animal Hides ($1.89k), and Chemical Products ($1.52k).

During 2022, Jamaica had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($1.55M), Foodstuffs ($1.11M), and Vegetable Products ($326k).

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

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

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