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Pricing

2022
Flag → Flag
Exports $134kRnk 88 / 149
2022
Flag → Flag
Top Product $134kScrap Iron
2022
Flag → Flag
Exports $3.59MRnk 103 / 139
2022
Flag → Flag
Top Product $774kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 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$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Trinidad and Tobago-Bangladesh Trade: In 2022, Trinidad and Tobago exported $134k to Bangladesh. The main products that Trinidad and Tobago exported to Bangladesh were Scrap Iron ($134k). Over the past 6 years the exports of Trinidad and Tobago to Bangladesh have decreased at an annualized rate of 20.3%, from $525k in 2016 to $134k in 2022.

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

Bangladesh-Trinidad and Tobago Trade: In 2022, Bangladesh exported $3.59M to Trinidad and Tobago. The main products that Bangladesh exported to Trinidad and Tobago were Knit T-shirts ($774k), Non-Knit Men's Suits ($608k), and Packaged Medicaments ($501k). Over the past 6 years the exports of Bangladesh to Trinidad and Tobago have increased at an annualized rate of 17.4%,  from $1.61M in 2016 to $3.59M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $134k to Bangladesh. The main products exported from Trinidad and Tobago to Bangladesh were Scrap Iron ($134k). During the last 6 years the exports of Trinidad and Tobago to Bangladesh have decreased at an annualized rate of 20.3%, from $525k in 2016 to $134k in 2022.

In 2017, Bangladesh exported $3.59M to Trinidad and Tobago. The main products exported from Bangladesh to Trinidad and Tobago were Knit T-shirts ($774k), Non-Knit Men's Suits ($608k), and Packaged Medicaments ($501k). During the last 5 years the exports of Bangladesh to Trinidad and Tobago have increased at an annualized rate of 17.4%, from $1.61M in 2022 to $3.59M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Trinidad and Tobago than Bangladesh included Morocco ($740M), Jamaica ($430M), and Brazil ($497M).

In 2022, countries that imported more from Bangladesh than Trinidad and Tobago included Germany ($10.2B), United States ($11.7B), and United Kingdom ($4.86B).

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

Comparative Advantage Trinidad and Tobago - Bangladesh

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Bangladesh in the exports of Metals ($134k).

During 2017, Bangladesh had a large net trade with Trinidad and Tobago in the exports of Textiles ($2.83M), Chemical Products ($501k), and Footwear and Headwear ($187k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Bangladesh+$4.56kPetroleum Gas
Top Product Potential Bangladesh Trinidad and Tobago+$2.28kKnit T-shirts

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 Bangladesh. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Trinidad and Tobago.

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

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