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2023
Flag → Flag
Exports $9.94MRnk 45 / 123
2023
Flag → Flag
Top Product $8.93MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag → Flag
Exports $34.3MRnk 97 / 211
2023
Flag → Flag
Top Product $12.6MCranes
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 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$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 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$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195

About

Trinidad and Tobago-Ireland Trade: In 2023, Trinidad and Tobago exported $9.94M to Ireland. The main products that Trinidad and Tobago exported to Ireland were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.93M), Chocolate ($822k), and Sauces and Seasonings ($79.6k). Over the past 5 years the exports of Trinidad and Tobago to Ireland have increased at an annualized rate of 8.19%, from $6.71M in 2018 to $9.94M in 2023.

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

Ireland-Trinidad and Tobago Trade: In 2023, Ireland exported $34.3M to Trinidad and Tobago. The main products that Ireland exported to Trinidad and Tobago were Cranes ($12.6M), Concentrated Milk ($11.6M), and Pig Meat ($2.02M). Over the past 5 years the exports of Ireland to Trinidad and Tobago have increased at an annualized rate of 3.64%,  from $28.7M in 2018 to $34.3M in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $9.94M to Ireland. The main products exported from Trinidad and Tobago to Ireland were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.93M), Chocolate ($822k), and Sauces and Seasonings ($79.6k). During the last 5 years the exports of Trinidad and Tobago to Ireland have increased at an annualized rate of 8.19%, from $6.71M in 2018 to $9.94M in 2023.

In 2018, Ireland exported $34.3M to Trinidad and Tobago. The main products exported from Ireland to Trinidad and Tobago were Cranes ($12.6M), Concentrated Milk ($11.6M), and Pig Meat ($2.02M). During the last 5 years the exports of Ireland to Trinidad and Tobago have increased at an annualized rate of 3.64%, from $28.7M in 2023 to $34.3M in 2018.

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

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

Latest Data

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

Ireland Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
Ireland
Top DestinationUnited States$67.4B

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

In 2023, countries that imported more from Trinidad and Tobago than Ireland included Guyana ($625M), Barbados ($460M), and Chile ($605M).

In 2023, countries that imported more from Ireland than Trinidad and Tobago included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Trinidad and Tobago - Ireland

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Ireland in the exports of Chemical Products ($8.94M), Foodstuffs ($977k), and Machines ($11.6k).

During 2018, Ireland had a large net trade with Trinidad and Tobago in the exports of Animal Products ($17.7M), Machines ($13.9M), and Chemical Products ($1.24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Ireland+$2.36MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
Top Product Potential Ireland Trinidad and Tobago+$516kScented Mixtures

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

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

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