2023
Flag
 GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC
$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195

About

Cuba-Trinidad and Tobago Trade: In 2022, Cuba exported $28.5k to Trinidad and Tobago. The main products that Cuba exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 59.5%, from $2.62M in 2017 to $28.5k in 2022.

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

Trinidad and Tobago-Cuba Trade: In 2022, Trinidad and Tobago exported $35.8M to Cuba. The main products that Trinidad and Tobago exported to Cuba were N/A. Over the past 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 17.7%,  from $94.7M in 2017 to $35.8M in 2022.

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

Comparison In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42),  and 159 in total exports ($1.05B). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $28.5k to Trinidad and Tobago. There were not main exports from Cuba to Trinidad and Tobago in 2022. During the last 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 59.5%, from $2.62M in 2017 to $28.5k in 2022.

In 2017, Trinidad and Tobago exported $35.8M to Cuba. There were not main exports from Trinidad and Tobago to Cuba in 2017. During the last 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 17.7%, from $94.7M in 2022 to $35.8M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Trinidad and Tobago
Top Destination
United States$3.26B

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

In 2023, countries that imported more from Cuba than Trinidad and Tobago included Switzerland ($48.2M), Hong Kong ($43.7M), and Cyprus ($42.5M).

In 2023, countries that imported more from Trinidad and Tobago than Cuba included United States ($3.26B), Guyana ($625M), and Chile ($605M).

Difference in imports from Trinidad and Tobago (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - Trinidad and Tobago

Flow
Scale

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

During 2022, Cuba had a large net trade with Trinidad and Tobago in the exports of .

During 2017, Trinidad and Tobago had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cuba and Trinidad and Tobago. This means that a dot/product with the flag of Cuba indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Cuba.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with