2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 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
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Trinidad and Tobago-United Arab Emirates Trade: In 2022, Trinidad and Tobago exported $1.97M to United Arab Emirates. The main products that Trinidad and Tobago exported to United Arab Emirates were Scrap Iron ($910k), Hard Liquor ($717k), and Rubber Footwear ($101k). Over the past 5 years the exports of Trinidad and Tobago to United Arab Emirates have decreased at an annualized rate of 36.5%, from $19M in 2017 to $1.97M in 2022.

In 2022, Trinidad and Tobago did not export any services to United Arab Emirates.

United Arab Emirates-Trinidad and Tobago Trade: In 2022, United Arab Emirates exported $20.8M to Trinidad and Tobago. The main products that United Arab Emirates exported to Trinidad and Tobago were Raw Aluminium ($3.59M), Rolled Tobacco ($2.01M), and Prefabricated Buildings ($1.44M). Over the past 5 years the exports of United Arab Emirates to Trinidad and Tobago have increased at an annualized rate of 8.89%,  from $13.6M in 2017 to $20.8M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $1.97M to United Arab Emirates. The main products exported from Trinidad and Tobago to United Arab Emirates were Scrap Iron ($910k), Hard Liquor ($717k), and Rubber Footwear ($101k). During the last 5 years the exports of Trinidad and Tobago to United Arab Emirates have decreased at an annualized rate of 36.5%, from $19M in 2017 to $1.97M in 2022.

In 2017, United Arab Emirates exported $20.8M to Trinidad and Tobago. The main products exported from United Arab Emirates to Trinidad and Tobago were Raw Aluminium ($3.59M), Rolled Tobacco ($2.01M), and Prefabricated Buildings ($1.44M). During the last 5 years the exports of United Arab Emirates to Trinidad and Tobago have increased at an annualized rate of 8.89%, from $13.6M in 2022 to $20.8M in 2017.

Exports from Trinidad and Tobago (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Trinidad and Tobago than United Arab Emirates included Jamaica ($430M), Guyana ($257M), and Portugal ($232M).

In 2022, countries that imported more from United Arab Emirates than Trinidad and Tobago included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - United Arab Emirates

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with United Arab Emirates in the exports of Metals ($919k), Foodstuffs ($731k), and Machines ($126k).

During 2017, United Arab Emirates had a large net trade with Trinidad and Tobago in the exports of Metals ($4.65M), Machines ($4.64M), and Chemical Products ($2.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago United Arab Emirates+$327kHard Liquor
Top Product Potential United Arab Emirates Trinidad and Tobago+$1.92MRefined 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 United Arab Emirates. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and United Arab Emirates (Flag) (2022)

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