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
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%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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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Trinidad and Tobago-Spain In 2022, Trinidad and Tobago exported $580M to Spain. The main products that Trinidad and Tobago exported to Spain are 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.

Spain-Trinidad and Tobago In 2022, Spain exported $37.3M to Trinidad and Tobago. The main products that Spain exported 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, Spain did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Spain Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Spain
Top Destination
France$65.2B

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

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

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

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

Comparative Advantage Trinidad and Tobago - Spain

Flow
Scale

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

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).

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).

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

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

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