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Pricing

2022
Flag → Flag
Exports $5.96MRnk 58 / 149
2022
Flag → Flag
Top Product $3MNitrogenous Fertilizers
2022
Flag → Flag
Exports $27MRnk 38 / 162
2022
Flag → Flag
Top Product $14.1MRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
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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$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Trinidad and Tobago-Guatemala Trade: In 2022, Trinidad and Tobago exported $5.96M to Guatemala. The main products that Trinidad and Tobago exported to Guatemala were Nitrogenous Fertilizers ($3M), Tissue ($2.71M), and Petroleum Gas ($103k). Over the past 5 years the exports of Trinidad and Tobago to Guatemala have increased at an annualized rate of 0.3%, from $5.88M in 2017 to $5.96M in 2022.

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

Guatemala-Trinidad and Tobago Trade: In 2022, Guatemala exported $27M to Trinidad and Tobago. The main products that Guatemala exported to Trinidad and Tobago were Raw Sugar ($14.1M), Kraft Paper ($1.89M), and Soap ($1.55M). Over the past 5 years the exports of Guatemala to Trinidad and Tobago have increased at an annualized rate of 1.67%,  from $24.5M in 2017 to $27M in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $5.96M to Guatemala. The main products exported from Trinidad and Tobago to Guatemala were Nitrogenous Fertilizers ($3M), Tissue ($2.71M), and Petroleum Gas ($103k). During the last 5 years the exports of Trinidad and Tobago to Guatemala have increased at an annualized rate of 0.3%, from $5.88M in 2017 to $5.96M in 2022.

In 2017, Guatemala exported $27M to Trinidad and Tobago. The main products exported from Guatemala to Trinidad and Tobago were Raw Sugar ($14.1M), Kraft Paper ($1.89M), and Soap ($1.55M). During the last 5 years the exports of Guatemala to Trinidad and Tobago have increased at an annualized rate of 1.67%, from $24.5M in 2022 to $27M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Guatemala Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Trinidad and Tobago than Guatemala included Belgium ($894M), Morocco ($740M), and Brazil ($497M).

In 2022, countries that imported more from Guatemala than Trinidad and Tobago included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Trinidad and Tobago - Guatemala

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Guatemala in the exports of Chemical Products ($3.08M), Paper Goods ($2.72M), and Mineral Products ($103k).

During 2017, Guatemala had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($17M), Chemical Products ($3.04M), and Paper Goods ($2.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Guatemala+$1.64MNitrogenous Fertilizers
Top Product Potential Guatemala Trinidad and Tobago+$323kPlastic Lids

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

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

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