2021
Flag  
GDP
$1.65TCURRENT US$
Rnk 12 / 204
2011-2021
Flag
GDP GROWTH
-36.9%CURRENT US$
Rnk 199 / 204
2021
Flag
 GDP
$24.5BCURRENT US$
Rnk 109 / 204
2011-2021
Flag
GDP GROWTH
-3.82%CURRENT US$
Rnk 178 / 204
2021
Flag
GDP PC 
$7,697CURRENT US$
Rnk 97 / 204
2011-2021
Flag
GDP PC GROWTH
-41.7%CURRENT US$
Rnk 199 / 204
2021
Flag
GDP PC
$16,033CURRENT US$
Rnk 70 / 204
2011-2021
Flag
GDP PC GROWTH
-10.5%CURRENT US$
Rnk 167 / 204

About

Brazil-Trinidad and Tobago In 2021, Brazil exported $350M to Trinidad and Tobago. The main products that Brazil exported to Trinidad and Tobago are Iron Ore ($187M), Valves ($50.1M), and Rice ($10M). During the last 26 years the exports of Brazil to Trinidad and Tobago have increased at an annualized rate of 6.29%, from $71.8M in 1995 to $350M in 2021.

In 2021, Brazil did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Brazil In 2021, Trinidad and Tobago exported $274M to Brazil. The main products that Trinidad and Tobago exported to Brazil were Acyclic Alcohols ($147M), Ammonia ($71.1M), and Petroleum Gas ($37.5M). During the last 26 years the exports of Trinidad and Tobago to Brazil have increased at an annualized rate of 6.9%, from $48.3M in 1995 to $274M in 2021.

In 2021, Trinidad and Tobago did not export any services to Brazil.

Comparison In 2021,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.33),  and 24 in total exports ($288B). That same year, Trinidad and Tobago ranked 96 in total exports ($9.86B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Brazil exported $350M to Trinidad and Tobago. The main products exported from Brazil to Trinidad and Tobago were Iron Ore ($187M), Valves ($50.1M), and Rice ($10M). During the last 26 years the exports of Brazil to Trinidad and Tobago have increased at an annualized rate of 6.29%, from $71.8M in 1995 to $350M in 2021.

In 2021, Trinidad and Tobago exported $274M to Brazil. The main products exported from Trinidad and Tobago to Brazil were Acyclic Alcohols ($147M), Ammonia ($71.1M), and Petroleum Gas ($37.5M). During the last 26 years the exports of Trinidad and Tobago to Brazil have increased at an annualized rate of 6.9%, from $48.3M in 1995 to $274M in 2021.

Exports from Brazil (Flag) to Trinidad and Tobago (Flag) (2021)

Exports from Trinidad and Tobago (Flag) to Brazil (Flag) (2021)

Market Competitiveness

Color
Brazil
Top Destination
China$88.3B
Trinidad and Tobago
Top Destination
United States$3.63B

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

In 2021, countries that imported more from Brazil than Trinidad and Tobago were China ($88.3B), United States ($30.2B), and Argentina ($12B).

In 2021, countries that imported more from Trinidad and Tobago than Brazil were Guyana ($580M), Barbados ($126M), and Suriname ($137M).

Difference in imports from Trinidad and Tobago (Flag) and Brazil (Flag) (2021)

Comparative Advantage Brazil - Trinidad and Tobago

Flow
Scale

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

During 2021, Brazil had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($191M), Machines ($65.4M), and Foodstuffs ($15M).

During 2021, Trinidad and Tobago had a large net trade with Brazil in the exports of Chemical Products ($226M), Mineral Products ($39.4M), and Foodstuffs ($4.31M).

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 Brazil has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Brazil.

Product Space of Brazil (Flag) and Trinidad and Tobago (Flag) (2021)

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