Merchandise trade in Turks and Caicos Islands
Turks and Caicos Islands: Merchandise trade was 26.2% in 2024. ▼ Falling
Merchandise trade in Turks and Caicos Islands, 2014–2024
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
In 2024, merchandise trade in Turks and Caicos Islands stood at 26.2%.
The figure is down 3.8% on the previous year and down 39.1% over ten years.
Over the whole period, merchandise trade in Turks and Caicos Islands peaked at 43.1% in 2014 and was at its lowest, 25.9%, in 2019.
Turks and Caicos Islands ranks 185th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Merchandise trade in Turks and Caicos Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 43.1% | — |
| 2015 | 38.5% | -10.6% |
| 2016 | 32.7% | -15.1% |
| 2017 | 31.2% | -4.5% |
| 2018 | 27.8% | -10.8% |
| 2019 | 25.9% | -7.1% |
| 2020 | 35.8% | +38.4% |
| 2021 | 33.6% | -6.3% |
| 2022 | 33.0% | -1.7% |
| 2023 | 27.3% | -17.3% |
| 2024 | 26.2% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 33.2% | 25.9% | 43.1% | 6 |
| 2020s | 31.2% | 26.2% | 35.8% | 5 |
Countries ranked near Turks and Caicos Islands
- 182 Central African Republic 27.0% compare
- 183 Cayman Islands 26.4% compare
- 184 Colombia 26.4% compare
- 186 Bangladesh 25.8% compare
- 187 Israel 25.3% compare
- 188 Yemen 24.7% compare
More private sector data for Turks and Caicos Islands
- Food imports 25.3% (2012)
- Manufactures imports 43.3% (2012)
- Merchandise imports 485.00 million current US$ (2025)
- Food exports 15.9% (2012)
- Manufactures exports 80.0% (2012)
- Merchandise exports 5.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 106.71 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0029 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 0 % change on previous year (2025)
- Merchandise imports (current US$), per capita 10,351 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Turks and Caicos Islands?
- Merchandise trade in Turks and Caicos Islands was 26.2% in 2024, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Turks and Caicos Islands?
- The highest recorded value was 43.1% in 2014.
- What is the lowest merchandise trade recorded in Turks and Caicos Islands?
- The lowest recorded value was 25.9% in 2019.
- How does Turks and Caicos Islands rank for merchandise trade?
- Turks and Caicos Islands ranks 185th out of 204 countries with data for 2024.
- Is merchandise trade rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 39.1%. The long-run trend across the full record is falling.
- Where does this Turks and Caicos Islands data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.