2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Trinidad and Tobago Trade: In 2022, Israel exported $5.43M to Trinidad and Tobago. The main products that Israel exported to Trinidad and Tobago were Aircraft Parts ($954k), Integrated Circuits ($876k), and Broadcasting Accessories ($470k). Over the past 5 years the exports of Israel to Trinidad and Tobago have increased at an annualized rate of 5.33%, from $4.19M in 2017 to $5.43M in 2022.

In 2006, Israel exported services to Trinidad and Tobago worth $1.25M, with Computer and information services ($1.17M) and Construction services ($77k) being the largest in terms of value.

Trinidad and Tobago-Israel Trade: In 2022, Trinidad and Tobago exported $92.6k to Israel. The main products that Trinidad and Tobago exported to Israel were Hard Liquor ($90.6k), Other Knit Garments ($1k), and Interchangeable Tool Parts ($1k). Over the past 5 years the exports of Trinidad and Tobago to Israel have decreased at an annualized rate of 62.2%,  from $31.9M in 2017 to $92.6k in 2022.

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

Comparison In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23),  and 49 in total exports ($76.9B). 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, Israel exported $5.43M to Trinidad and Tobago. The main products exported from Israel to Trinidad and Tobago were Aircraft Parts ($954k), Integrated Circuits ($876k), and Broadcasting Accessories ($470k). During the last 5 years the exports of Israel to Trinidad and Tobago have increased at an annualized rate of 5.33%, from $4.19M in 2017 to $5.43M in 2022.

In 2017, Trinidad and Tobago exported $92.6k to Israel. The main products exported from Trinidad and Tobago to Israel were Hard Liquor ($90.6k), Other Knit Garments ($1k), and Interchangeable Tool Parts ($1k). During the last 5 years the exports of Trinidad and Tobago to Israel have decreased at an annualized rate of 62.2%, from $31.9M in 2022 to $92.6k in 2017.

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

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

Latest Data

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

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Israel than Trinidad and Tobago included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Trinidad and Tobago than Israel included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

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

Comparative Advantage Israel - Trinidad and Tobago

Flow
Scale

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

During 2022, Israel had a large net trade with Trinidad and Tobago in the exports of Machines ($3.02M), Transportation ($954k), and Instruments ($780k).

During 2017, Trinidad and Tobago had a large net trade with Israel in the exports of Foodstuffs ($90.6k), Textiles ($1k), and Metals ($1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Trinidad and Tobago+$608kTelephones
Top Product Potential Trinidad and Tobago Israel+$127kHard 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 Israel and Trinidad and Tobago. This means that a dot/product with the flag of Israel 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 Israel.

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

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