Trinidad and Tobago (TTO) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Trinidad and Tobago-Canada In 2022, Trinidad and Tobago exported $189M to Canada. The main products that Trinidad and Tobago exported to Canada are Acyclic Alcohols ($90.9M), Petroleum Gas ($40.8M), and Nitrogenous Fertilizers ($40.1M). During the last 27 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 9.43%, from $16.6M in 1995 to $189M in 2022.

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

Canada-Trinidad and Tobago In 2022, Canada exported $244M to Trinidad and Tobago. The main products that Canada exported to Trinidad and Tobago were Iron Ore ($119M), Dried Legumes ($7.94M), and Other Uncoated Paper ($6.99M). During the last 27 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 3.83%, from $88.5M in 1995 to $244M in 2022.

In 2020, Canada exported services to Trinidad and Tobago worth $42.5M, with Travel ($19.4M), Financial services ($14.2M), and Royalties and license fees ($5.97M) being the largest in terms of value.

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, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Trinidad and Tobago exported $189M to Canada. The main products exported from Trinidad and Tobago to Canada were Acyclic Alcohols ($90.9M), Petroleum Gas ($40.8M), and Nitrogenous Fertilizers ($40.1M). During the last 27 years the exports of Trinidad and Tobago to Canada have increased at an annualized rate of 9.43%, from $16.6M in 1995 to $189M in 2022.

In 2022, Canada exported $244M to Trinidad and Tobago. The main products exported from Canada to Trinidad and Tobago were Iron Ore ($119M), Dried Legumes ($7.94M), and Other Uncoated Paper ($6.99M). During the last 27 years the exports of Canada to Trinidad and Tobago have increased at an annualized rate of 3.83%, from $88.5M in 1995 to $244M in 2022.

Exports from Trinidad and Tobago () to Canada () (2022)

Exports from Canada () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Canada ()

Trinidad and Tobago Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Canada
Top DestinationUnited States$438B

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

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

In 2021, countries that imported more from Canada than Trinidad and Tobago were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Trinidad and Tobago had a large net trade with Canada in the exports of Chemical Products ($135M), Mineral Products ($40.8M), and Foodstuffs ($5.06M).

During 2022, Canada had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($121M), Animal Products ($21.6M), and Machines ($19M).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to Trinidad and Tobago worth $42.5M, with Travel ($19.4M), Financial services ($14.2M), and Royalties and license fees ($5.97M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to Trinidad and Tobago () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Canada () (2022)

Exports from Canada () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Canada ()

Trinidad and Tobago Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to Trinidad and Tobago () (2020)

Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Canada () (2022)

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