Turks and Caicos Isds
Compare Turks and Caicos Isds →TC · TCA · BACI 796 · latest data 2024
Exports
= $26 M85.7% over 5 yrs (down)
Imports
= $577 M107.1% over 5 yrs (up)
Trade balancedeficit
= −$551 M
Total trade
= $604 M30.2% over 5 yrs (up)
- World position
- #208 of 225 exporters · bottom half · #190 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Turks and Caicos Isds's exports grew from $13M in 1995 to $26M in 2024; the 2024 balance was −$551M.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $13 M | $38 M | −$25 M | $52 M |
| 1996 | $20 M | $44 M | −$25 M | $64 M |
| 1997 | $10 M | $50 M | −$41 M | $60 M |
| 1998 | $8 M | $50 M | −$41 M | $58 M |
| 1999 | $17 M | $163 M | −$145 M | $180 M |
| 2000 | $8 M | $90 M | −$82 M | $99 M |
| 2001 | $11 M | $95 M | −$84 M | $106 M |
| 2002 | $25 M | $98 M | −$73 M | $123 M |
| 2003 | $32 M | $117 M | −$85 M | $150 M |
| 2004 | $30 M | $133 M | −$102 M | $163 M |
| 2005 | $30 M | $202 M | −$171 M | $232 M |
| 2006 | $51 M | $303 M | −$252 M | $354 M |
| 2007 | $89 M | $320 M | −$230 M | $409 M |
| 2008 | $67 M | $346 M | −$278 M | $413 M |
| 2009 | $25 M | $181 M | −$156 M | $205 M |
| 2010 | $27 M | $172 M | −$145 M | $198 M |
| 2011 | $50 M | $269 M | −$219 M | $319 M |
| 2012 | $106 M | $309 M | −$203 M | $416 M |
| 2013 | $52 M | $178 M | −$126 M | $230 M |
| 2014 | $31 M | $214 M | −$183 M | $244 M |
| 2015 | $45 M | $207 M | −$162 M | $253 M |
| 2016 | $45 M | $218 M | −$173 M | $262 M |
| 2017 | $29 M | $261 M | −$233 M | $290 M |
| 2018 | $44 M | $313 M | −$269 M | $357 M |
| 2019 | $185 M | $279 M | −$94 M | $464 M |
| 2020 | $101 M | $209 M | −$108 M | $311 M |
| 2021 | $48 M | $303 M | −$255 M | $350 M |
| 2022 | $54 M | $443 M | −$390 M | $497 M |
| 2023 | $22 M | $482 M | −$460 M | $504 M |
| 2024 | $26 M | $577 M | −$551 M | $604 M |
Trading partners
United States was Turks and Caicos Isds's top trading partner in 2024, at 67.4% of total trade; the top five partners covered 81.1%.
- Top partner share
- 67.4%
- Top-5 share
- 81.1%
- Partners
- 105
- Partner HHI (0–1)
- 0.462
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $5 M | $402 M | $407 M | −$397 M |
| #2 | Dominican Rep. | $0 M | $30 M | $30 M | −$30 M |
| #3 | Poland | $1 M | $20 M | $21 M | −$20 M |
| #4 | China | $0 M | $18 M | $18 M | −$18 M |
| #5 | Japan | $0 M | $13 M | $13 M | −$13 M |
| #6 | Italy | $0 M | $12 M | $12 M | −$12 M |
| #7 | Switzerland | $0 M | $12 M | $12 M | −$12 M |
| #8 | Canada | $0 M | $10 M | $10 M | −$10 M |
| #9 | Türkiye | $0 M | $10 M | $10 M | −$10 M |
| #10 | United Kingdom | $0 M | $9 M | $9 M | −$9 M |
| #11 | France | $0 M | $5 M | $6 M | −$5 M |
| #12 | Benin | $5 M | $0 M | $5 M | $5 M |
| #13 | Czechia | $5 M | $0 M | $5 M | $5 M |
| #14 | Colombia | $0 M | $5 M | $5 M | −$5 M |
| #15 | Netherlands | $0 M | $4 M | $4 M | −$4 M |
Products & sectors
Product composition of Turks and Caicos Isds's trade in 2024.
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Concentration & risk
Turks and Caicos Isds's export partners diversified over 1995–2024 — HHI 0.286 → 0.146, a moderately concentrated export base across 90 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.286 | 0.347 | 22 | 35 |
| 1996 | 0.268 | 0.376 | 28 | 35 |
| 1997 | 0.267 | 0.464 | 35 | 44 |
| 1998 | 0.332 | 0.559 | 42 | 40 |
| 1999 | 0.436 | 0.760 | 49 | 57 |
| 2000 | 0.294 | 0.332 | 50 | 52 |
| 2001 | 0.195 | 0.333 | 59 | 50 |
| 2002 | 0.337 | 0.289 | 56 | 52 |
| 2003 | 0.270 | 0.245 | 45 | 52 |
| 2004 | 0.147 | 0.361 | 59 | 55 |
| 2005 | 0.179 | 0.492 | 63 | 66 |
| 2006 | 0.182 | 0.511 | 71 | 58 |
| 2007 | 0.188 | 0.519 | 81 | 64 |
| 2008 | 0.319 | 0.554 | 83 | 67 |
| 2009 | 0.139 | 0.612 | 74 | 59 |
| 2010 | 0.142 | 0.437 | 85 | 61 |
| 2011 | 0.126 | 0.479 | 91 | 66 |
| 2012 | 0.312 | 0.395 | 88 | 67 |
| 2013 | 0.192 | 0.533 | 98 | 62 |
| 2014 | 0.097 | 0.590 | 89 | 66 |
| 2015 | 0.178 | 0.620 | 101 | 72 |
| 2016 | 0.143 | 0.633 | 103 | 61 |
| 2017 | 0.181 | 0.627 | 110 | 59 |
| 2018 | 0.178 | 0.433 | 100 | 70 |
| 2019 | 0.683 | 0.523 | 109 | 63 |
| 2020 | 0.340 | 0.527 | 107 | 60 |
| 2021 | 0.456 | 0.529 | 115 | 67 |
| 2022 | 0.331 | 0.566 | 96 | 70 |
| 2023 | 0.176 | 0.539 | 92 | 67 |
| 2024 | 0.146 | 0.492 | 90 | 69 |
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