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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

North Korea-Trinidad and Tobago Trade: In 2022, North Korea exported $1.78M to Trinidad and Tobago. The main products that North Korea exported to Trinidad and Tobago were Laboratory Reagents ($598k), Coated Flat-Rolled Iron ($205k), and Vinyl Chloride Polymers ($179k). Over the past 5 years the exports of North Korea to Trinidad and Tobago have increased at an annualized rate of 3.93%, from $1.47M in 2017 to $1.78M in 2022.

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

Trinidad and Tobago-North Korea Trade: In 2022, Trinidad and Tobago exported $32.4k to North Korea. The main products that Trinidad and Tobago exported to North Korea were Electric Batteries ($32.4k). Over the past 5 years the exports of Trinidad and Tobago to North Korea have decreased at an annualized rate of 6.8%,  from $53k in 2017 to $32.4k in 2022.

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

Comparison In 2022,  North Korea ranked 182 in total exports ($248M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $1.78M to Trinidad and Tobago. The main products exported from North Korea to Trinidad and Tobago were Laboratory Reagents ($598k), Coated Flat-Rolled Iron ($205k), and Vinyl Chloride Polymers ($179k). During the last 5 years the exports of North Korea to Trinidad and Tobago have increased at an annualized rate of 3.93%, from $1.47M in 2017 to $1.78M in 2022.

In 2017, Trinidad and Tobago exported $32.4k to North Korea. The main products exported from Trinidad and Tobago to North Korea were Electric Batteries ($32.4k). During the last 5 years the exports of Trinidad and Tobago to North Korea have decreased at an annualized rate of 6.8%, from $53k in 2022 to $32.4k in 2017.

Exports from North Korea (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from North Korea than Trinidad and Tobago included Senegal ($26.9M), Nigeria ($14M), and Poland ($9.58M).

In 2022, countries that imported more from Trinidad and Tobago than North Korea included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Trinidad and Tobago

Flow
Scale

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

During 2022, North Korea had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($856k), Plastics and Rubbers ($424k), and Metals ($231k).

During 2017, Trinidad and Tobago had a large net trade with North Korea in the exports of Machines ($32.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of North Korea and Trinidad and Tobago. This means that a dot/product with the flag of North Korea 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 North Korea.

Product Space of North Korea (Flag) and Trinidad and Tobago (Flag) (2022)

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