2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 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
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Trinidad and Tobago-Dominica Trade: In 2023, Trinidad and Tobago exported $32.4M to Dominica. The main products that Trinidad and Tobago exported to Dominica were Refined Petroleum ($9.88M), Petroleum Gas ($2.01M), and Flavored Water ($1.46M). Over the past 5 years the exports of Trinidad and Tobago to Dominica have decreased at an annualized rate of 9.4%, from $53M in 2018 to $32.4M in 2023.

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

Dominica-Trinidad and Tobago Trade: In 2023, Dominica exported $364k to Trinidad and Tobago. The main products that Dominica exported to Trinidad and Tobago were Soap ($303k), Eyewear Frames ($18.6k), and Other Inorganic Acids ($17.8k). Over the past 5 years the exports of Dominica to Trinidad and Tobago have decreased at an annualized rate of 9.82%,  from $610k in 2018 to $364k in 2023.

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

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $32.4M to Dominica. The main products exported from Trinidad and Tobago to Dominica were Refined Petroleum ($9.88M), Petroleum Gas ($2.01M), and Flavored Water ($1.46M). During the last 5 years the exports of Trinidad and Tobago to Dominica have decreased at an annualized rate of 9.4%, from $53M in 2018 to $32.4M in 2023.

In 2018, Dominica exported $364k to Trinidad and Tobago. The main products exported from Dominica to Trinidad and Tobago were Soap ($303k), Eyewear Frames ($18.6k), and Other Inorganic Acids ($17.8k). During the last 5 years the exports of Dominica to Trinidad and Tobago have decreased at an annualized rate of 9.82%, from $610k in 2023 to $364k in 2018.

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

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

Latest Data

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

Trinidad and Tobago Exports

Dominica Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Dominica
Top Destination
Bahamas$6.11M

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

In 2023, countries that imported more from Trinidad and Tobago than Dominica included United States ($3.26B), China ($783M), and Guyana ($625M).

In 2023, countries that imported more from Dominica than Trinidad and Tobago included Saudi Arabia ($5.35M), Iceland ($4.72M), and Bahamas ($6.11M).

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

Comparative Advantage Trinidad and Tobago - Dominica

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Dominica in the exports of Mineral Products ($12M), Foodstuffs ($11M), and Chemical Products ($1.99M).

During 2018, Dominica had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($321k), Instruments ($18.6k), and Paper Goods ($11.2k).

Economic Complexity

Competitive Landscape

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

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

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