2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
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GDP PC
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
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About

Saudi Arabia-Trinidad and Tobago Trade: In 2022, Saudi Arabia exported $716k to Trinidad and Tobago. The main products that Saudi Arabia exported to Trinidad and Tobago were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($258k), Cellulose Fibers Paper ($148k), and Propylene Polymers ($100k). Over the past 5 years the exports of Saudi Arabia to Trinidad and Tobago have decreased at an annualized rate of 2.83%, from $827k in 2017 to $716k in 2022.

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

Trinidad and Tobago-Saudi Arabia Trade: In 2022, Trinidad and Tobago exported $18.7M to Saudi Arabia. The main products that Trinidad and Tobago exported to Saudi Arabia were N/A. Over the past 5 years the exports of Trinidad and Tobago to Saudi Arabia have increased at an annualized rate of 63.7%,  from $595k in 2017 to $18.7M in 2022.

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

Comparison In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78),  and 23 in total exports ($362B). 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, Saudi Arabia exported $716k to Trinidad and Tobago. The main products exported from Saudi Arabia to Trinidad and Tobago were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($258k), Cellulose Fibers Paper ($148k), and Propylene Polymers ($100k). During the last 5 years the exports of Saudi Arabia to Trinidad and Tobago have decreased at an annualized rate of 2.83%, from $827k in 2017 to $716k in 2022.

In 2016, Trinidad and Tobago exported $18.7M to Saudi Arabia. There were not main exports from Trinidad and Tobago to Saudi Arabia in 2016. During the last 5 years the exports of Trinidad and Tobago to Saudi Arabia have increased at an annualized rate of 63.7%, from $595k in 2021 to $18.7M in 2016.

Exports from Saudi Arabia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Trinidad and Tobago (Flag)

Saudi Arabia Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Saudi Arabia than Trinidad and Tobago included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Trinidad and Tobago than Saudi Arabia included Jamaica ($430M), Chile ($291M), and Guyana ($257M).

Difference in imports from Trinidad and Tobago (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Trinidad and Tobago

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($305k), Paper Goods ($175k), and Plastics and Rubbers ($162k).

During 2016, Trinidad and Tobago had a large net trade with Saudi Arabia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Trinidad and Tobago+$6.1kRefined Petroleum
Top Product Potential Trinidad and Tobago Saudi Arabia+$4.34kCrude Petroleum

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 Saudi Arabia and Trinidad and Tobago. This means that a dot/product with the flag of Saudi Arabia 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 Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Trinidad and Tobago (Flag) (2022)

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