Sign In
Pricing

2022
Flag → Flag
Exports $145MRnk 123 / 223
2022
Flag → Flag
Top Product $11.5MOther Precious Metal Products
2022
Flag → Flag
Exports $396MRnk 9 / 149
2022
Flag → Flag
Top Product $137MAmmonia
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 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

Germany-Trinidad and Tobago Trade: In 2022, Germany exported $145M to Trinidad and Tobago. The main products that Germany exported to Trinidad and Tobago were Other Precious Metal Products ($11.5M), Cars ($10.7M), and Other Uncoated Paper ($6.19M). Over the past 5 years the exports of Germany to Trinidad and Tobago have increased at an annualized rate of 0.37%, from $142M in 2017 to $145M in 2022.

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

Trinidad and Tobago-Germany Trade: In 2022, Trinidad and Tobago exported $396M to Germany. The main products that Trinidad and Tobago exported to Germany were Ammonia ($137M), Crude Petroleum ($110M), and Acyclic Alcohols ($52.6M). Over the past 5 years the exports of Trinidad and Tobago to Germany have increased at an annualized rate of 12.5%,  from $195M in 2017 to $396M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €8.87M and imported €12.9M from Trinidad and Tobago, resulting in a negative trade balance of €4.04M. Between August 2023 and August 2024 the exports of Germany have decreased by €-2.86M (-24.4%) from €11.7M to €8.87M, while imports increased by €8.41M (187%) from €4.5M to €12.9M.

Trade In August 2024, the top exports of Germany to Trinidad and Tobago were Motor cars and motor caravans (€833k), Machine-tools (€557k), Pharmaceutical products (€529k), Paper and paperboard (€401k), and Measuring and automatical control instruments (€373k). In August 2024 the top imports of Germany from Trinidad and Tobago were Other prefabricated chemicals (€4.23M), Pig iron (€3M), Other mining and quarrying products (€206k), Spirits (€162k), and Returned goods (€150k).

Origins In August 2024 the exports of Germany were mainly from Thuringia (€1.16M), Baden-Württemberg (€1.06M), Bavaria (€911k), Rhineland-Pfalz (€847k), and North Rhine-Westphalia (€571k), while imports destinations were mainly Hesse (€5.02M), Mecklenburg-Vorpommern (€2.58M), Baden-Württemberg (€1.88M), Rhineland-Pfalz (€1.01M), and North Rhine-Westphalia (€1M).

Growth In August 2024, the decrease in Germany's year-by-year exports to Trinidad and Tobago was explained primarily by an decrease in product exports in Milk and milk products except butter... (€-543k or -85.2%), Machinery for electricity production, distribution (€-466k or -79.4%), and Tubes, pipes of iron or steel (€-231k or -51.8%). In August 2024, the increase in Germany's year-by-year imports  from Trinidad and Tobago was explained primarily by an increase in product imports  in Other prefabricated chemicals (€515k or 13.9%), Pig iron (€399k or 15.4%), and Returned goods (€120k or 400%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-2.86M(-24.4%)
IMPORT GROWTH (August 2023 - August 2024)€8.41M(187%)
MAIN EXPORTER (August 2024)Thuringia€1.16M

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

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

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and Germany Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $145M to Trinidad and Tobago. The main products exported from Germany to Trinidad and Tobago were Other Precious Metal Products ($11.5M), Cars ($10.7M), and Other Uncoated Paper ($6.19M). During the last 5 years the exports of Germany to Trinidad and Tobago have increased at an annualized rate of 0.37%, from $142M in 2017 to $145M in 2022.

In 2017, Trinidad and Tobago exported $396M to Germany. The main products exported from Trinidad and Tobago to Germany were Ammonia ($137M), Crude Petroleum ($110M), and Acyclic Alcohols ($52.6M). During the last 5 years the exports of Trinidad and Tobago to Germany have increased at an annualized rate of 12.5%, from $195M in 2022 to $396M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Germany than Trinidad and Tobago included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Trinidad and Tobago than Germany included Jamaica ($430M), Guyana ($257M), and Barbados ($132M).

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

Comparative Advantage Germany - Trinidad and Tobago

Flow
Scale

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

During 2022, Germany had a large net trade with Trinidad and Tobago in the exports of Machines ($37.7M), Chemical Products ($22.1M), and Paper Goods ($16.5M).

During 2017, Trinidad and Tobago had a large net trade with Germany in the exports of Chemical Products ($214M), Mineral Products ($153M), and Metals ($20.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Trinidad and Tobago+$12.3MCars
Top Product Potential Trinidad and Tobago Germany+$75.9MCrude Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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