2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC 
$20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195

About

Trinidad and Tobago-Cuba Trade: In 2022, Trinidad and Tobago exported $35.8M to Cuba. The main products that Trinidad and Tobago exported to Cuba were N/A. Over the past 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 17.7%, from $94.7M in 2017 to $35.8M in 2022.

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

Cuba-Trinidad and Tobago Trade: In 2022, Cuba exported $28.5k to Trinidad and Tobago. The main products that Cuba exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 59.5%,  from $2.62M in 2017 to $28.5k in 2022.

In 2022, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $35.8M to Cuba. There were not main exports from Trinidad and Tobago to Cuba in 2022. During the last 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 17.7%, from $94.7M in 2017 to $35.8M in 2022.

In 2017, Cuba exported $28.5k to Trinidad and Tobago. There were not main exports from Cuba to Trinidad and Tobago in 2017. During the last 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 59.5%, from $2.62M in 2022 to $28.5k in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Trinidad and Tobago than Cuba included United States ($3.26B), Guyana ($625M), and Chile ($605M).

In 2023, countries that imported more from Cuba than Trinidad and Tobago included Switzerland ($48.2M), Hong Kong ($43.7M), and Cyprus ($42.5M).

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

Comparative Advantage Trinidad and Tobago - Cuba

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Trinidad and Tobago in the exports of .

Economic Complexity

Competitive Landscape

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

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

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