Trinidad and Tobago

ECON COMPLEXITY (2018)

0.13

RANK 60 OF 137

PRODUCT EXPORTS (2018)

$9.94B

RANK 88 OF 222

EXPORTS PER CAPITA (2018)

$7.15K

RANK 133 OF 219

PRODUCT IMPORTS (2018)

$4.71B

RANK 133 OF 221

IMPORTS PER CAPITA (2018)

$3.39K

RANK 179 of 219

SERVICE EXPORTS (2017)

$1.14B

RANK 102 OF 139

SERVICE IMPORTS (2017)

$3.23B

RANK 69 OF 139

GDP (2018)

$23.8B

CURRENT US$
RANK 112 OF 196

GDP GROWTH (2008-2018)

-14.6%

CURRENT US$
RANK 189 OF 196

GDP PC (2018)

$17,130

CURRENT US$
RANK 54 OF 196

GDP PC GROWTH (2008-2018)

-19.2%

CURRENT US$
RANK 182 OF 196

Overview: This page contains the latest international trade data for Trinidad and Tobago, including service trade data, and tariffs. In 2018 Trinidad and Tobago was the number 112 economy in the world in terms of GDP (current US$), the number 88 in total exports, the number 133 in total imports, and the number 60 most complex economy according to the Economic Complexity Index (ECI). In 2018, Trinidad and Tobago exported $9.94B and imported $4.71B, resulting in a positive trade balance of $5.22B. In 2018, Trinidad and Tobago’s exports per capita were $7.15k and its imports per capita were $3.39k.

Trade: The top exports of Trinidad and Tobago are Petroleum Gas($3.43B), Acyclic Alcohols ($1.71B), Refined Petroleum ($1.28B), Ammonia ($1.15B), and Crude Petroleum ($665M). The top imports of Trinidad and Tobago are Crude Petroleum ($925M), Cars ($235M), Iron Ore ($231M), Refined Petroleum ($200M), and Valves ($73M).

Destinations: Trinidad and Tobago exports mostly to United States($3.36B), Guyana ($707M), Chile ($630M), Peru ($484M), and Spain($476M), and imports mostly from United States ($1.28B), Russia($558M), China ($346M), Colombia ($308M), and Brazil ($247M).

Location: Trinidad and Tobago borders Barbados, Grenada, Guyana, and Venezuela by sea.

Exports

In 2018 Trinidad and Tobago exported a total of $9.94B, making it the number 88 exporter in the world. During the last five reported years the exports of Trinidad and Tobago have changed by -$7.47B from $17.4B in 2013 to $9.94B in 2018.

The most recent exports are led by Petroleum Gas ($3.43B), Acyclic Alcohols ($1.71B), Refined Petroleum ($1.28B), Ammonia ($1.15B), and Crude Petroleum ($665M). 

Imports

In 2018 Trinidad and Tobago imported $4.71B, making it the number 133 trade destination in the world. During the last five reported years the imports of Trinidad and Tobago changed by -$1.95B from $6.66B in 2013 to $4.71B in 2018.

The most recent imports of Trinidad and Tobago are led by Crude Petroleum ($925M), Cars ($235M), Iron Ore ($231M), Refined Petroleum ($200M), and Valves ($73M).

Trade Balance

As of 2018 Trinidad and Tobago had a positive trade balance of $3.64B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $747M in net exports.

Destinations

The most common destination for the exports of Trinidad and Tobago are United States ($3.36B), Guyana ($707M), Chile ($630M), Peru ($484M), and Spain ($476M).

Origins

The most common import partners for Trinidad and Tobago are United States ($1.28B), Russia ($558M), China ($346M), Colombia ($308M), and Brazil ($247M).