2022
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GDP
$1.68TCURRENT US$
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2012-2022
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GDP GROWTH
8.3%CURRENT US$
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2022
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 GDP
$27.9BCURRENT US$
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2012-2022
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GDP GROWTH
2.87%CURRENT US$
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2022
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GDP PC 
$64,491CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
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2022
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GDP PC
$18,222CURRENT US$
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2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
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About

Australia-Trinidad and Tobago In 2022, Australia exported $20.4M to Trinidad and Tobago. The main products that Australia exported to Trinidad and Tobago are Sheep and Goat Meat ($12.9M), Coated Flat-Rolled Iron ($1.36M), and Packaged Medicaments ($1.04M). During the last 27 years the exports of Australia to Trinidad and Tobago have increased at an annualized rate of 6.02%, from $4.21M in 1995 to $20.4M in 2022.

In 2022, Australia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Australia In N/A, Trinidad and Tobago did not export any products to Australia.

In 2022, Trinidad and Tobago did not export any services to Australia.

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35),  and 16 in total exports ($424B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $20.4M to Trinidad and Tobago. The main products exported from Australia to Trinidad and Tobago were Sheep and Goat Meat ($12.9M), Coated Flat-Rolled Iron ($1.36M), and Packaged Medicaments ($1.04M). During the last 27 years the exports of Australia to Trinidad and Tobago have increased at an annualized rate of 6.02%, from $4.21M in 1995 to $20.4M in 2022.

Trinidad and Tobago does not register exports to Australia. The main products exported from Trinidad and Tobago to Australia were Nitrogenous Fertilizers ($80.4M), Sauces and Seasonings ($5.1M), and Hard Liquor ($255k).

Exports from Australia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Trinidad and Tobago (Flag)

Australia Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Australia
Top Destination
China$123B
Trinidad and Tobago
Top Destination
United States$4.91B

This map shows whether countries import more from Australia or Trinidad and Tobago. Each country is colored based on the difference in imports they receive from Australia and Trinidad and Tobago or the difference in the growth in imports.

In 2021, countries that imported more from Australia than Trinidad and Tobago were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Trinidad and Tobago than Australia were Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

Difference in imports from Trinidad and Tobago (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Trinidad and Tobago

Flow
Scale

This chart compares trade between Australia and Trinidad and Tobago by product, considering products traded by both, Australia and Trinidad and Tobago.

During 2022, Australia had a large net trade with Trinidad and Tobago in the exports of Animal Products ($13.5M), Metals ($2.32M), and Machines ($1.84M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Australia.

Product Space of Australia (Flag) and Trinidad and Tobago (Flag) (2022)

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