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Pricing

2022
Flag → Flag
Exports $1.05kRnk 66 / 85
2022
Flag → Flag
Top Product $1.05kOther Electrical Machinery
2022
Flag → Flag
Exports $1.75kRnk 116 / 0
2022
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Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
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$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
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GDP GROWTH48.8%CURRENT US$
Rnk 66 / 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$2,255CURRENT US$
Rnk 142 / 186
2012-2022
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GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Turks and Caicos Islands-Nicaragua In 2022, Turks and Caicos Islands exported $1.05k to Nicaragua. The main products that Turks and Caicos Islands exported to Nicaragua are Other Electrical Machinery ($1.05k). During the last 16 years the exports of Turks and Caicos Islands to Nicaragua have decreased at an annualized rate of 9.92%, from $5.58k in 2006 to $1.05k in 2022.

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

Nicaragua-Turks and Caicos Islands In 2022, Nicaragua exported $1.75k to Turks and Caicos Islands. The main products that Nicaragua exported to Turks and Caicos Islands were N/A. During the last 16 years the exports of Nicaragua to Turks and Caicos Islands have decreased at an annualized rate of 12%, from $13.5k in 2006 to $1.75k in 2022.

In 2022, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turks and Caicos Islands exported $1.05k to Nicaragua. The main products exported from Turks and Caicos Islands to Nicaragua were Other Electrical Machinery ($1.05k). During the last 16 years the exports of Turks and Caicos Islands to Nicaragua have decreased at an annualized rate of 9.92%, from $5.58k in 2006 to $1.05k in 2022.

In 2015, Nicaragua exported $1.75k to Turks and Caicos Islands. There were not main exports from Nicaragua to Turks and Caicos Islands in 2015. During the last 8 years the exports of Nicaragua to Turks and Caicos Islands have decreased at an annualized rate of 12%, from $13.5k in 2007 to $1.75k in 2015.

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

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

Market Competitiveness

Color
Turks and Caicos Islands
Top DestinationTogo$25.1M
Nicaragua
Top DestinationUnited States$4.09B

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

In 2021, countries that imported more from Turks and Caicos Islands than Nicaragua were Togo ($25.1M), Zimbabwe ($2.62M), and Central African Republic ($643k).

In 2021, countries that imported more from Nicaragua than Turks and Caicos Islands were United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Turks and Caicos Islands - Nicaragua

Flow
Scale

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

During 2022, Turks and Caicos Islands had a large net trade with Nicaragua in the exports of Machines ($1.05k).

During 2015, Nicaragua 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 Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Turks and Caicos Islands.

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

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