2021
Flag  
GDP
$2TCURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 139 / 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 
$52,359CURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP PC GROWTH
0.26%CURRENT US$
Rnk 143 / 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

Canada-Trinidad and Tobago In 2021, Canada exported $267M to Trinidad and Tobago. The main products that Canada exported to Trinidad and Tobago are Iron Ore ($157M), Wheat ($7.13M), and Pig Meat ($6.41M). During the last 26 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 4.34%, from $88.5M in 1995 to $267M in 2021.

In 2020, Canada exported services to Trinidad and Tobago worth $42.5M, with Travel ($19.4M), Financial services ($14.2M), and Royalties and license fees ($5.97M) being the largest in terms of value.

Trinidad and Tobago-Canada In 2021, Trinidad and Tobago exported $239M to Canada. The main products that Trinidad and Tobago exported to Canada were Petroleum Gas ($141M), Acyclic Alcohols ($58.1M), and Nitrogenous Fertilizers ($17.5M). During the last 26 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 10.8%, from $16.6M in 1995 to $239M in 2021.

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

Comparison In 2021,  Canada ranked 32 in the Economic Complexity Index (ECI 0.9),  and 9 in total exports ($484B). 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, Canada exported $267M to Trinidad and Tobago. The main products exported from Canada to Trinidad and Tobago were Iron Ore ($157M), Wheat ($7.13M), and Pig Meat ($6.41M). During the last 26 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 4.34%, from $88.5M in 1995 to $267M in 2021.

In 2021, Trinidad and Tobago exported $239M to Canada. The main products exported from Trinidad and Tobago to Canada were Petroleum Gas ($141M), Acyclic Alcohols ($58.1M), and Nitrogenous Fertilizers ($17.5M). During the last 26 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 10.8%, from $16.6M in 1995 to $239M in 2021.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$355B
Trinidad and Tobago
Top Destination
United States$3.63B

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

In 2021, countries that imported more from Canada than Trinidad and Tobago were United States ($355B), China ($22.5B), and Japan ($11.9B).

In 2021, countries that imported more from Trinidad and Tobago than Canada were Guyana ($580M), Suriname ($137M), and Jamaica ($202M).

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

Comparative Advantage Canada - Trinidad and Tobago

Flow
Scale

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

During 2021, Canada had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($158M), Machines ($20.4M), and Animal Products ($19.9M).

During 2021, Trinidad and Tobago had a large net trade with Canada in the exports of Mineral Products ($141M), Chemical Products ($77.8M), and Transportation ($6.01M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Trinidad and Tobago worth $42.5M, with Travel ($19.4M), Financial services ($14.2M), and Royalties and license fees ($5.97M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Trinidad and Tobago (Flag) (2020)

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

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

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