Canada (CAN) and Trinidad and Tobago (TTO) Trade | The Observatory of Economic Complexity

- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
    NEW
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
    NEW
  - International Datasets
- - Countries (ECI)
  - Products (PCI)
- ECI Legacy Rankings
- PCI Legacy Rankings

Pricing

Canada (CAN) and Trinidad and Tobago (TTO) Trade

2022

→

Exports $244MRnk 60 / 215

2022

→

About

Canada-Trinidad and Tobago In 2022, Canada exported $244M to Trinidad and Tobago. The main products that Canada exported to Trinidad and Tobago are Iron Ore ($119M), Dried Legumes ($7.94M), and Other Uncoated Paper ($6.99M). During the last 27 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 3.83%, from $88.5M in 1995 to $244M in 2022.

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 2022, Trinidad and Tobago exported $189M to Canada. The main products that Trinidad and Tobago exported to Canada were Acyclic Alcohols ($90.9M), Petroleum Gas ($40.8M), and Nitrogenous Fertilizers ($40.1M). During the last 27 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 9.43%, from $16.6M in 1995 to $189M in 2022.

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

Comparison In 2022, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$11M and imported C$54.3M from Trinidad and Tobago, resulting in a negative trade balance of C$43.2M. Between January 2023 and January 2024 the exports of Canada have increased by C$3.78M (52.1%) from C$7.26M to C$11M, while imports increased by C$46.4M (589%) from C$7.87M to C$54.3M.

Trade In January 2024, the top exports of Canada to Trinidad and Tobago were Dried Legumes (C$689k), Other Frozen Vegetables (C$542k), Packaged Medicaments (C$473k), Commodities not elsewhere specified (C$406k), and Newsprint (C$397k). In January 2024 the top imports of Canada from Trinidad and Tobago were Acyclic Alcohols (C$6.53M), Hard Liquor (C$469k), Nitrogen Heterocyclic Compounds (C$129k), Rubberworking Machinery (C$129k), and Non-fillet Fresh Fish (C$126k).

Origins In January 2024 the exports of Canada were mainly from Quebec (C$3.19M), Ontario (C$2.66M), New Brunswick (C$1.78M), Prince Edward Is. (C$1.2M), and Saskatchewan (C$1.12M), while imports destinations were mainly New Brunswick (C$44.3M), Quebec (C$8.4M), Ontario (C$1.36M), Alberta (C$130k), and British Columbia (C$40.1k).

Growth In January 2024, the increase in Canada's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Other Frozen Vegetables (C$237k or 77.5%), Computers (C$236k or 6.51k%), and Commodities not elsewhere specified (C$234k or 136%). In January 2024, the increase in Canada's year-by-year imports from Trinidad and Tobago was explained primarily by an increase in product imports in Hard Liquor (C$365k or 350%), Confectionery Sugar (C$69.2k or 13.3k%), and Fish Fillets (C$52.3k or 790%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$3.78M(52.1%)

IMPORT GROWTH (January 2023 - January 2024)C$46.4M(589%)

MAIN EXPORTER (January 2024)QuebecC$3.19M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Trinidad and Tobago and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and Canada Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Canada exported $244M to Trinidad and Tobago. The main products exported from Canada to Trinidad and Tobago were Iron Ore ($119M), Dried Legumes ($7.94M), and Other Uncoated Paper ($6.99M). During the last 27 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 3.83%, from $88.5M in 1995 to $244M in 2022.

In 2022, Trinidad and Tobago exported $189M to Canada. The main products exported from Trinidad and Tobago to Canada were Acyclic Alcohols ($90.9M), Petroleum Gas ($40.8M), and Nitrogenous Fertilizers ($40.1M). During the last 27 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 9.43%, from $16.6M in 1995 to $189M in 2022.

Exports from Canada () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Canada () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$438B

Trinidad and Tobago
Top DestinationUnited States$4.91B

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 ($438B), China ($25.4B), and Japan ($14.3B).

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

Difference in imports from Trinidad and Tobago () and Canada () (2022)

Comparative Advantage Canada - Trinidad and Tobago

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Canada had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($121M), Animal Products ($21.6M), and Machines ($19M).

During 2022, Trinidad and Tobago had a large net trade with Canada in the exports of Chemical Products ($135M), Mineral Products ($40.8M), and Foodstuffs ($5.06M).

Service Trade

Bilateral Service Trade

Can Year

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 () to Trinidad and Tobago () (2020)

Economic Complexity

Competitive Landscape

Year

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 () and Trinidad and Tobago () (2022)

Keep Exploring

Canada
Turks and Caicos Islands
Canada
United States
Barbados
Trinidad and Tobago
Costa Rica
Trinidad and Tobago

Have questions, comments, or concerns?
Send us an e-mail: [email protected]

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms