NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $386MRnk 9 / 123
2023
Flag → Flag
Top Product $208MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag → Flag
Exports $289MRnk 82 / 221
2023
Flag → Flag
Top Product $187MIron Ore
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Trinidad and Tobago-Brazil Trade: In 2023, Trinidad and Tobago exported $386M to Brazil. The main products that Trinidad and Tobago exported to Brazil were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($208M), Ammonia ($150M), and Nitrogenous Fertilizers ($25.5M). Over the past 5 years the exports of Trinidad and Tobago to Brazil have decreased at an annualized rate of 6.41%, from $537M in 2018 to $386M in 2023.

In 2023, Trinidad and Tobago did not export any services to Brazil.

Brazil-Trinidad and Tobago Trade: In 2023, Brazil exported $289M to Trinidad and Tobago. The main products that Brazil exported to Trinidad and Tobago were Iron Ore ($187M), Iron Blocks ($13.9M), and Uncoated Paper ($5.73M). Over the past 5 years the exports of Brazil to Trinidad and Tobago have decreased at an annualized rate of 8.68%,  from $456M in 2018 to $289M in 2023.

In 2023, Brazil did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $386M to Brazil. The main products exported from Trinidad and Tobago to Brazil were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($208M), Ammonia ($150M), and Nitrogenous Fertilizers ($25.5M). During the last 5 years the exports of Trinidad and Tobago to Brazil have decreased at an annualized rate of 6.41%, from $537M in 2018 to $386M in 2023.

In 2018, Brazil exported $289M to Trinidad and Tobago. The main products exported from Brazil to Trinidad and Tobago were Iron Ore ($187M), Iron Blocks ($13.9M), and Uncoated Paper ($5.73M). During the last 5 years the exports of Brazil to Trinidad and Tobago have decreased at an annualized rate of 8.68%, from $456M in 2023 to $289M in 2018.

Exports from Trinidad and Tobago (Flag) to Brazil (Flag) (2023)

Exports from Brazil (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

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

Trinidad and Tobago Exports

Brazil Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Trinidad and Tobago than Brazil included Barbados ($460M), Guyana ($625M), and Croatia ($245M).

In 2023, countries that imported more from Brazil than Trinidad and Tobago included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - Brazil

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Brazil in the exports of Chemical Products ($384M), Stone And Glass ($1.67M), and Foodstuffs ($155k).

During 2018, Brazil had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($187M), Foodstuffs ($26M), and Metals ($19.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Brazil+$49.6MPetroleum Gas
Top Product Potential Brazil Trinidad and Tobago+$3.15MRaw Sugar

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and Brazil. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Brazil (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms