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Pricing

2018
Flag → Flag
Exports $19.3kRnk 30 / 0
2018
Flag → Flag
Exports $81.8kRnk 108 / 127
2018
Flag → Flag
Top Product $37.3kGrapes
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Trinidad and Tobago-Iran Trade: In 2018, Trinidad and Tobago exported $19.3k to Iran. The main products that Trinidad and Tobago exported to Iran were N/A. Over the past 10 years the exports of Trinidad and Tobago to Iran have decreased at an annualized rate of 15.2%, from $101k in 2008 to $19.3k in 2018.

In 2018, Trinidad and Tobago did not export any services to Iran.

Iran-Trinidad and Tobago Trade: In 2018, Iran exported $81.8k to Trinidad and Tobago. The main products that Iran exported to Trinidad and Tobago were Grapes ($37.3k), Tropical Fruits ($31.6k), and Valves ($12.2k). Over the past 10 years the exports of Iran to Trinidad and Tobago have decreased at an annualized rate of 7.17%,  from $119k in 2008 to $81.8k in 2018.

In 2018, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Trinidad and Tobago exported $19.3k to Iran. There were not main exports from Trinidad and Tobago to Iran in 2018. During the last 10 years the exports of Trinidad and Tobago to Iran have decreased at an annualized rate of 15.2%, from $101k in 2008 to $19.3k in 2018.

In 2017, Iran exported $81.8k to Trinidad and Tobago. The main products exported from Iran to Trinidad and Tobago were Grapes ($37.3k), Tropical Fruits ($31.6k), and Valves ($12.2k). During the last 5 years the exports of Iran to Trinidad and Tobago have decreased at an annualized rate of 7.17%, from $119k in 2022 to $81.8k in 2017.

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

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

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Trinidad and Tobago included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Trinidad and Tobago - Iran

Flow
Scale

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

During 2018, Trinidad and Tobago had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($68.9k), Machines ($12.2k), and Foodstuffs ($702).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Iran+$2.82kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
Top Product Potential Iran Trinidad and Tobago+$2.66kRefined 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

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

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

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