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2022
Flag → Flag
Exports $100MRnk 25 / 149
2022
Flag → Flag
Top Product $56MNitrogenous Fertilizers
2022
Flag → Flag
Exports $21.6MRnk 108 / 168
2022
Flag → Flag
Top Product $14MSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 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$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Trinidad and Tobago-Argentina Trade: In 2022, Trinidad and Tobago exported $100M to Argentina. The main products that Trinidad and Tobago exported to Argentina were Nitrogenous Fertilizers ($56M), Petroleum Gas ($43.8M), and Hard Liquor ($173k). Over the past 5 years the exports of Trinidad and Tobago to Argentina have decreased at an annualized rate of 4.36%, from $125M in 2017 to $100M in 2022.

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

Argentina-Trinidad and Tobago Trade: In 2022, Argentina exported $21.6M to Trinidad and Tobago. The main products that Argentina exported to Trinidad and Tobago were Soybean Oil ($14M), Packaged Medicaments ($1.93M), and Confectionery Sugar ($797k). Over the past 5 years the exports of Argentina to Trinidad and Tobago have increased at an annualized rate of 12.8%,  from $11.8M in 2017 to $21.6M in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $100M to Argentina. The main products exported from Trinidad and Tobago to Argentina were Nitrogenous Fertilizers ($56M), Petroleum Gas ($43.8M), and Hard Liquor ($173k). During the last 5 years the exports of Trinidad and Tobago to Argentina have decreased at an annualized rate of 4.36%, from $125M in 2017 to $100M in 2022.

In 2017, Argentina exported $21.6M to Trinidad and Tobago. The main products exported from Argentina to Trinidad and Tobago were Soybean Oil ($14M), Packaged Medicaments ($1.93M), and Confectionery Sugar ($797k). During the last 5 years the exports of Argentina to Trinidad and Tobago have increased at an annualized rate of 12.8%, from $11.8M in 2022 to $21.6M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Argentina Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Trinidad and Tobago than Argentina included Belgium ($894M), Jamaica ($430M), and Guyana ($257M).

In 2022, countries that imported more from Argentina than Trinidad and Tobago included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Comparative Advantage Trinidad and Tobago - Argentina

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Argentina in the exports of Chemical Products ($56M), Mineral Products ($43.8M), and Foodstuffs ($338k).

During 2017, Argentina had a large net trade with Trinidad and Tobago in the exports of Animal and Vegetable Bi-Products ($14M), Chemical Products ($3.16M), and Vegetable Products ($1.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Argentina+$6.35kPetroleum Gas
Top Product Potential Argentina Trinidad and Tobago+$4.12kRefined 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 Argentina. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Trinidad and Tobago.

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

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