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Pricing

2022
Flag → Flag
Exports $370kRnk 83 / 149
2022
Flag → Flag
Top Product $113kCranes
2022
Flag → Flag
Exports $13.1kRnk 115 / 150
2022
Flag → Flag
Top Product $8.6kValves
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

Trinidad and Tobago-Angola Trade: In 2022, Trinidad and Tobago exported $370k to Angola. The main products that Trinidad and Tobago exported to Angola were Cranes ($113k), Prefabricated Buildings ($72.7k), and Lifting Machinery ($64.7k). Over the past 5 years the exports of Trinidad and Tobago to Angola have decreased at an annualized rate of 48.4%, from $10.1M in 2017 to $370k in 2022.

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

Angola-Trinidad and Tobago Trade: In 2022, Angola exported $13.1k to Trinidad and Tobago. The main products that Angola exported to Trinidad and Tobago were Valves ($8.6k), Excavation Machinery ($2.04k), and Fireworks ($1.17k). Over the past 5 years the exports of Angola to Trinidad and Tobago have decreased at an annualized rate of 60.7%,  from $1.39M in 2017 to $13.1k in 2022.

In 2022, Angola 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, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $370k to Angola. The main products exported from Trinidad and Tobago to Angola were Cranes ($113k), Prefabricated Buildings ($72.7k), and Lifting Machinery ($64.7k). During the last 5 years the exports of Trinidad and Tobago to Angola have decreased at an annualized rate of 48.4%, from $10.1M in 2017 to $370k in 2022.

In 2017, Angola exported $13.1k to Trinidad and Tobago. The main products exported from Angola to Trinidad and Tobago were Valves ($8.6k), Excavation Machinery ($2.04k), and Fireworks ($1.17k). During the last 5 years the exports of Angola to Trinidad and Tobago have decreased at an annualized rate of 60.7%, from $1.39M in 2022 to $13.1k in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Angola Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Trinidad and Tobago than Angola included United States ($4.91B), Morocco ($740M), and Jamaica ($430M).

In 2022, countries that imported more from Angola than Trinidad and Tobago included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Trinidad and Tobago - Angola

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Angola in the exports of Machines ($250k), Miscellaneous ($72.7k), and Transportation ($42.6k).

During 2017, Angola had a large net trade with Trinidad and Tobago in the exports of Machines ($10.6k), Chemical Products ($2.24k), and Metals ($210).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Angola+$2.54kRefined Petroleum
Top Product Potential Angola Trinidad and Tobago+$3.37kRefined 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 Trinidad and Tobago and Angola. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Trinidad and Tobago.

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

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