Trinidad and Tobago (TTO) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Georgia Trade: In 2019, Trinidad and Tobago exported $14.4k to Georgia. The main products that Trinidad and Tobago exported to Georgia were N/A. Over the past 10 years the exports of Trinidad and Tobago to Georgia have increased at an annualized rate of 19.8%, from $2.36k in 2009 to $14.4k in 2019.

In 2019, Trinidad and Tobago did not export any services to Georgia.

Georgia-Trinidad and Tobago Trade: In 2019, Georgia exported $4.93k to Trinidad and Tobago. The main products that Georgia exported to Trinidad and Tobago were Other Iron Products ($3.01k), Confectionery Sugar ($1.53k), and Knit Men's Suits ($393). Over the past 10 years the exports of Georgia to Trinidad and Tobago have decreased at an annualized rate of 16.8%, from $12.4k in 2009 to $4.93k in 2019.

In 2019, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Trinidad and Tobago exported $14.4k to Georgia. There were not main exports from Trinidad and Tobago to Georgia in 2019. During the last 10 years the exports of Trinidad and Tobago to Georgia have increased at an annualized rate of 19.8%, from $2.36k in 2009 to $14.4k in 2019.

In 2017, Georgia exported $4.93k to Trinidad and Tobago. The main products exported from Georgia to Trinidad and Tobago were Other Iron Products ($3.01k), Confectionery Sugar ($1.53k), and Knit Men's Suits ($393). During the last 5 years the exports of Georgia to Trinidad and Tobago have decreased at an annualized rate of 16.8%, from $12.4k in 2022 to $4.93k in 2017.

Exports from Trinidad and Tobago () to Georgia () (2022)

Exports from Georgia () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Georgia ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Trinidad and Tobago than Georgia included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Georgia than Trinidad and Tobago included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

Difference in imports from Georgia () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Trinidad and Tobago had a large net trade with Georgia in the exports of .

During 2017, Georgia had a large net trade with Trinidad and Tobago in the exports of Metals ($3.01k), Foodstuffs ($1.53k), and Textiles ($393).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Georgia+$3.38kPetroleum Gas

Top Product Potential Georgia Trinidad and Tobago+$2.15kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Georgia () (2022)

Exports from Georgia () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Georgia ()

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Georgia () (2022)

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