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How dependent is the Turks and Caicos Islands on the United States?

In 2024, the United States sold $402 million to the Turks and Caicos Islands, 69.6% of its imports, ranking 1st among its suppliers. Its share was 71.9% in 2019 and 49.9% in 1995. In 95 products it sells more than 50% of what the Turks and Caicos Islands buys of them (in 70, more than 75%); what the Turks and Caicos Islands buys from the United States in those products (dominated value) adds up to $286 million, 49.5% of its imports.

Summary

Share of its imports
69.6%
Value imported
$402million
Rank among its suppliers
1st
Products where it sells over 50%
95
Products where it sells over 75%
70
Dominated value
$286million
Share of total imports
49.5%

Trend

The United States went from 49.9% to 69.6% of what the Turks and Caicos Islands buys

Trend in shares

The United States went from 49.9% to 69.6% of what the Turks and Caicos Islands buys

Share (%)

  • United States 69.6%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951949.9%1
19962555.6%1
19973466.5%1
19983774.3%1
199915588.1%1
20004954%1
20014446.1%1
20023232.3%2
20034337.1%1
20047758%1
200514069.4%1
200621470.6%1
200722971.7%1
200825674.1%1
200914177.9%1
201011164.6%1
201121471%1
201220761.9%1
201313072.6%1
201416376.6%1
201516378.5%1
201617379.3%1
201720678.9%1
201820364.9%1
201920071.9%1
202015172.1%1
202121972.3%1
202233274.9%1
202335272.3%1
202440269.6%1

Products where the United States sells more than half

95 products, 49.5% of what it buys
ProductSupplierShareSecondValue
Refined petroleumUnited States95.1%over 75%Trinidad and Tobago · 4.1%$45 million
FurnitureUnited States57.4%Italy · 10.5%$11 million
Frozen beefUnited States100%over 75%—$9 million
Poultry meatUnited States99.2%over 75%Brazil · 0.65%$9 million
Refrigerators, freezers and heat pumpsUnited States97.4%over 75%Canada · 1.1%$8 million
Lamps and light fittingsUnited States94.4%over 75%Italy · 2.1%$7 million
Metal hardware and fittingsUnited States97.9%over 75%Canada · 0.87%$7 million
JewelryUnited States69.8%India · 12%$6 million
Yachts and pleasure boatsUnited States76.7%over 75%Poland · 13.8%$6 million
Steel structuresUnited States67.8%China · 20.4%$5 million
TrucksUnited States65.5%Japan · 12.9%$5 million
Centrifuges and filtersUnited States87.2%over 75%Turkey · 2.3%$5 million
Soft drinksUnited States87.8%over 75%Bahamas · 4.2%$5 million
Sawn woodUnited States81.3%over 75%Canada · 12.6%$5 million
Other wristwatchesUnited States71.4%Switzerland · 25%$4 million
Plastic pipes and hosesUnited States70.8%Switzerland · 9.1%$4 million
Transformers and power suppliesUnited States98.1%over 75%China · 0.91%$4 million
Glass blocks, tiles and mosaicsUnited States97.3%over 75%Dominican Republic · 1.3%$4 million
Eggs in shellUnited States100%over 75%—$4 million
Bread, biscuits and pastriesUnited States96.2%over 75%Dominican Republic · 1.8%$4 million
SpiritsUnited States69.6%France · 13.8%$4 million
Cables and wireUnited States93%over 75%China · 2.1%$3 million
Liquid pumpsUnited States85.1%over 75%Netherlands · 10.5%$3 million
LogsUnited States97.5%over 75%Canada · 2.5%$3 million
WaterUnited States84.4%over 75%Italy · 9.3%$3 million
PerfumesUnited States98.5%over 75%France · 1.1%$3 million
Detergents and surfactantsUnited States96.4%over 75%Dominican Republic · 1.3%$3 million
Special-purpose vehiclesUnited States97.2%over 75%China · 2.3%$3 million
Seats and chairsUnited States71.4%Canada · 4.1%$3 million
PorkUnited States100%over 75%—$3 million

and 65 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from the United States

The United States’ 111th customer, 0.02% of its sales

The Turks and Caicos Islands is the United States’ 111th-largest customer, with 0.02% of its exports.

Sources and method

CEPII BACI and 1 more

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.