2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Czechia-Trinidad and Tobago Trade: In 2022, Czechia exported $7.44M to Trinidad and Tobago. The main products that Czechia exported to Trinidad and Tobago were Iron Blocks ($755k), Plaster Articles ($737k), and Other Iron Products ($490k). Over the past 5 years the exports of Czechia to Trinidad and Tobago have increased at an annualized rate of 24.8%, from $2.46M in 2017 to $7.44M in 2022.

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

Trinidad and Tobago-Czechia Trade: In 2022, Trinidad and Tobago exported $1.07M to Czechia. The main products that Trinidad and Tobago exported to Czechia were Hard Liquor ($960k), Other Plastic Products ($23.4k), and Wine ($21.6k). Over the past 5 years the exports of Trinidad and Tobago to Czechia have increased at an annualized rate of 52.3%,  from $131k in 2017 to $1.07M in 2022.

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

Comparison In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55),  and 30 in total exports ($237B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $7.44M to Trinidad and Tobago. The main products exported from Czechia to Trinidad and Tobago were Iron Blocks ($755k), Plaster Articles ($737k), and Other Iron Products ($490k). During the last 5 years the exports of Czechia to Trinidad and Tobago have increased at an annualized rate of 24.8%, from $2.46M in 2017 to $7.44M in 2022.

In 2017, Trinidad and Tobago exported $1.07M to Czechia. The main products exported from Trinidad and Tobago to Czechia were Hard Liquor ($960k), Other Plastic Products ($23.4k), and Wine ($21.6k). During the last 5 years the exports of Trinidad and Tobago to Czechia have increased at an annualized rate of 52.3%, from $131k in 2022 to $1.07M in 2017.

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

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

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Trinidad and Tobago
Top Destination
United States$4.91B

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 2022, countries that imported more from Czechia than Trinidad and Tobago included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Trinidad and Tobago than Czechia included Jamaica ($430M), Guyana ($257M), and Panama ($230M).

Difference in imports from Trinidad and Tobago (Flag) and Czechia (Flag) (2022)

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 2022, Czechia had a large net trade with Trinidad and Tobago in the exports of Metals ($2.46M), Machines ($1.32M), and Stone And Glass ($1.23M).

During 2017, Trinidad and Tobago had a large net trade with Czechia in the exports of Foodstuffs ($1.03M), Plastics and Rubbers ($24.7k), and Machines ($15.5k).

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) (2022)

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