2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$27.9BCURRENT US$
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2012-2022
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GDP GROWTH
2.87%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$18,222CURRENT US$
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2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
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About

Finland-Trinidad and Tobago In 2022, Finland exported $6.93M to Trinidad and Tobago. The main products that Finland exported to Trinidad and Tobago are Engine Parts ($2.57M), Electric Motor Parts ($1.85M), and Sawn Wood ($461k). During the last 27 years the exports of Finland to Trinidad and Tobago have increased at an annualized rate of 4.23%, from $2.27M in 1995 to $6.93M in 2022.

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

Trinidad and Tobago-Finland In 2022, Trinidad and Tobago exported $47M to Finland. The main products that Trinidad and Tobago exported to Finland were Ammonia ($38.2M), Acyclic Alcohols ($8.58M), and Hard Liquor ($164k). During the last 27 years the exports of Trinidad and Tobago to Finland have increased at an annualized rate of 45%, from $2.08k in 1995 to $47M in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39),  and 46 in total exports ($89.9B). 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, Finland exported $6.93M to Trinidad and Tobago. The main products exported from Finland to Trinidad and Tobago were Engine Parts ($2.57M), Electric Motor Parts ($1.85M), and Sawn Wood ($461k). During the last 27 years the exports of Finland to Trinidad and Tobago have increased at an annualized rate of 4.23%, from $2.27M in 1995 to $6.93M in 2022.

In 2022, Trinidad and Tobago exported $47M to Finland. The main products exported from Trinidad and Tobago to Finland were Ammonia ($38.2M), Acyclic Alcohols ($8.58M), and Hard Liquor ($164k). During the last 27 years the exports of Trinidad and Tobago to Finland have increased at an annualized rate of 45%, from $2.08k in 1995 to $47M in 2022.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2021, countries that imported more from Finland than Trinidad and Tobago were Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

In 2021, countries that imported more from Trinidad and Tobago than Finland were Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

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

Comparative Advantage Finland - Trinidad and Tobago

Flow
Scale

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

During 2022, Finland had a large net trade with Trinidad and Tobago in the exports of Machines ($5.67M), Wood Products ($461k), and Paper Goods ($339k).

During 2022, Trinidad and Tobago had a large net trade with Finland in the exports of Chemical Products ($46.8M), Foodstuffs ($164k), and Machines ($27.3k).

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

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

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