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Pricing

2022
Flag → Flag
Exports $37.3MRnk 135 / 218
2022
Flag → Flag
Top Product $5.7MGlazed Ceramics
2022
Flag → Flag
Exports $580MRnk 4 / 149
2022
Flag → Flag
Top Product $408MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Spain-Trinidad and Tobago In 2022, Spain exported $37.3M to Trinidad and Tobago. The main products that Spain exported to Trinidad and Tobago are Glazed Ceramics ($5.7M), Unglazed Ceramics ($3.91M), and Iron Pipes ($1.6M). During the last 27 years the exports of Spain to Trinidad and Tobago have increased at an annualized rate of 5.26%, from $9.35M in 1995 to $37.3M in 2022.

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

Trinidad and Tobago-Spain In 2022, Trinidad and Tobago exported $580M to Spain. The main products that Trinidad and Tobago exported to Spain were Crude Petroleum ($408M), Nitrogenous Fertilizers ($56.9M), and Acyclic Alcohols ($52.1M). During the last 27 years the exports of Trinidad and Tobago to Spain have increased at an annualized rate of 10.2%, from $42.2M in 1995 to $580M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). 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, Spain exported €1.15M and imported €5.58M from Trinidad and Tobago, resulting in a negative trade balance of €4.43M. Between January 2023 and January 2024 the exports of Spain have increased by €365k (46.7%) from €782k to €1.15M, while imports decreased by €-58.1M (-91.2%) from €63.7M to €5.58M.

Trade In January 2024, the top exports of Spain to Trinidad and Tobago were Washing and Bottling Machines (€154k), Baked Goods (€135k), Optical Fibers and optical fibre bundles (€85.3k), Confectionery Sugar (€82.3k), and Fermented Milk Products (€57.7k). In January 2024 the top imports of Spain from Trinidad and Tobago were Crude Petroleum (€32.8M), Petroleum Gas (€25.8M), Acyclic Alcohols (€4.8M), Sauces and Seasonings (€171k), and Inedible Fats and Oils (€97k).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€464k), Sevilla (€198k), Castellón (€109k), Madrid (€73.8k), and Córdoba (€65.6k), while imports destinations were mainly Cádiz (€1.98M), Tarragona (€1.77M), Vizcaya (€1.22M), Murcia (€368k), and Valencia (€150k).

Growth In January 2024, the increase in Spain's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Washing and Bottling Machines (€152k or 7.61k%), Optical Fibers and optical fibre bundles (€41.7k or 95.8%), and Baked Goods (€30.7k or 29.4%). In January 2024, the decrease in Spain's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in Petroleum Gas (€-20M or -43.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€365k(46.7%)
IMPORT GROWTH (January 2023 - January 2024)€-58.1M(-91.2%)
MAIN EXPORTER (January 2024)Barcelona€464k

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $37.3M to Trinidad and Tobago. The main products exported from Spain to Trinidad and Tobago were Glazed Ceramics ($5.7M), Unglazed Ceramics ($3.91M), and Iron Pipes ($1.6M). During the last 27 years the exports of Spain to Trinidad and Tobago have increased at an annualized rate of 5.26%, from $9.35M in 1995 to $37.3M in 2022.

In 2022, Trinidad and Tobago exported $580M to Spain. The main products exported from Trinidad and Tobago to Spain were Crude Petroleum ($408M), Nitrogenous Fertilizers ($56.9M), and Acyclic Alcohols ($52.1M). During the last 27 years the exports of Trinidad and Tobago to Spain have increased at an annualized rate of 10.2%, from $42.2M in 1995 to $580M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2021, countries that imported more from Spain than Trinidad and Tobago were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Trinidad and Tobago than Spain were Jamaica ($430M), Guyana ($257M), and Barbados ($132M).

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

Comparative Advantage Spain - Trinidad and Tobago

Flow
Scale

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

During 2022, Spain had a large net trade with Trinidad and Tobago in the exports of Stone And Glass ($11.6M), Machines ($6.46M), and Metals ($4.24M).

During 2022, Trinidad and Tobago had a large net trade with Spain in the exports of Mineral Products ($432M), Chemical Products ($145M), and Metals ($1.32M).

Economic Complexity

Competitive Landscape

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 Spain has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Spain.

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

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