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2023
Flag → Flag
Exports $7.85MRnk 122 / 207
2023
Flag → Flag
Top Product $1.24MLight Fixtures
2023
Flag → Flag
Exports $704kRnk 66 / 123
2023
Flag → Flag
Top Product $576kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.6Rnk 7 / 132
2023
Flag  
GDP$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
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GDP PC $31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH55.9%CURRENT US$
Rnk 36 / 195
2023
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GDP PC$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Czechia-Trinidad and Tobago Trade: In 2023, Czechia exported $7.85M to Trinidad and Tobago. The main products that Czechia exported to Trinidad and Tobago were Light Fixtures ($1.24M), Other Furniture ($1.23M), and Plastic Pipes ($404k). Over the past 5 years the exports of Czechia to Trinidad and Tobago have increased at an annualized rate of 29.1%, from $2.19M in 2018 to $7.85M in 2023.

In 2023, Czechia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Czechia Trade: In 2023, Trinidad and Tobago exported $704k to Czechia. The main products that Trinidad and Tobago exported to Czechia were Hard Liquor ($576k), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($102k), and Sauces and Seasonings ($23.2k). Over the past 5 years the exports of Trinidad and Tobago to Czechia have increased at an annualized rate of 14.7%,  from $354k in 2018 to $704k in 2023.

In 2023, Trinidad and Tobago did not export any services to Czechia.

Comparison In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6),  and 30 in total exports ($224B). 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 2023, Czechia exported $7.85M to Trinidad and Tobago. The main products exported from Czechia to Trinidad and Tobago were Light Fixtures ($1.24M), Other Furniture ($1.23M), and Plastic Pipes ($404k). During the last 5 years the exports of Czechia to Trinidad and Tobago have increased at an annualized rate of 29.1%, from $2.19M in 2018 to $7.85M in 2023.

In 2018, Trinidad and Tobago exported $704k to Czechia. The main products exported from Trinidad and Tobago to Czechia were Hard Liquor ($576k), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($102k), and Sauces and Seasonings ($23.2k). During the last 5 years the exports of Trinidad and Tobago to Czechia have increased at an annualized rate of 14.7%, from $354k in 2023 to $704k in 2018.

Exports from Czechia (Flag) to Trinidad and Tobago (Flag) (2023)

Exports from Trinidad and Tobago (Flag) to Czechia (Flag) (2023)

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$64.2B
Trinidad and Tobago
Top DestinationUnited States$3.26B

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

In 2023, countries that imported more from Czechia than Trinidad and Tobago included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Trinidad and Tobago than Czechia included Guyana ($625M), Chile ($605M), and Barbados ($460M).

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

Comparative Advantage Czechia - Trinidad and Tobago

Flow
Scale

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

During 2023, Czechia had a large net trade with Trinidad and Tobago in the exports of Miscellaneous ($3.35M), Metals ($1.78M), and Machines ($1.04M).

During 2018, Trinidad and Tobago had a large net trade with Czechia in the exports of Foodstuffs ($600k), Chemical Products ($102k), and Plastics and Rubbers ($1.47k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Trinidad and Tobago+$360kOther Iron Products
Top Product Potential Trinidad and Tobago Czechia+$188kHard Liquor

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and Trinidad and Tobago. This means that a dot/product with the flag of Czechia 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 Czechia.

Product Space of Czechia (Flag) and Trinidad and Tobago (Flag) (2023)

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