Turks and Caicos Islands: Merchandise imports (current US$)

Key figures

What the numbers say

In 2025, Turks and Caicos Islands' merchandise imports (current US$) rose 7.1% on 2024 (from US$453 million to US$485 million).

Across the 10 yearly changes before that (2015 to 2024), the average change was +1.6% and a typical year strayed about 10.5% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 26.1% in 2021 and the biggest yearly fall was 7.4% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$13.84 million a year. A straight line explains 60% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Turks and Caicos Islands had the 193rd highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Turks and Caicos Islands in the 2025 ranking

• St. Vincent and the Grenadines — 190th of 204: US$509 million
• Kiribati — 191st of 204: US$496 million
• Guinea-Bissau — 192nd of 204: US$489 million
• Samoa — 194th of 204: US$467 million
• St. Kitts and Nevis — 195th of 204: US$410 million
• Comoros — 196th of 204: US$371 million

What this measures

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 12 values

Merchandise imports (current US$) in nearby economies

• Antigua and Barbuda — US$938 million (2025)
• Argentina — US$75.79 billion (2025)
• Aruba — US$1.6 billion (2025)
• Bahamas, The — US$5.52 billion (2025)
• Barbados — US$2.23 billion (2025)
• Belize — US$1.43 billion (2025)
• Bolivia — US$10.03 billion (2025)
• Brazil — US$293.7 billion (2025)
• Cayman Islands — US$2.11 billion (2025)
• Chile — US$92.66 billion (2025)
• Colombia

More private sector & trade data for Turks and Caicos Islands

• Import unit value index (2015 = 100) — 132.7 (2025)
• Export unit value index (2015 = 100) — 116.3 (2025)
• International tourism, number of arrivals — 370,400 (2020)
• Merchandise exports (current US$) — US$5 million (2025)
• Merchandise trade (% of GDP) — 26.24% (2024)

Every indicator for Turks and Caicos Islands is on the Turks and Caicos Islands data page.

Reading data like this

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Questions people ask

What is Turks and Caicos Islands's merchandise imports (current US$)?

US$485 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2014?

It is up 19.46% from US$406 million in 2014 (1.63% a year on average, compounded). The highest value was US$485 million in 2025 and the lowest US$326 million in 2020.

How does Turks and Caicos Islands rank?

193rd highest of 204 economies with data for 2025.

Is the latest change in merchandise imports (current US$) unusual for Turks and Caicos Islands?

In 2025, Turks and Caicos Islands' merchandise imports (current US$) rose 7.1% on 2024 (from US$453 million to US$485 million). Across the 10 yearly changes before that (2015 to 2024), the average change was +1.6% and a typical year strayed about 10.5% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.CD.WT, licensed CC BY 4.0. Original source: World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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