Trinidad and Tobago (TTO) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Iraq Trade: In 2021, Trinidad and Tobago exported $36.5k to Iraq. The main products that Trinidad and Tobago exported to Iraq were N/A. Over the past 9 years the exports of Trinidad and Tobago to Iraq have increased at an annualized rate of 4.15%, from $25.3k in 2012 to $36.5k in 2021.

In 2021, Trinidad and Tobago did not export any services to Iraq.

Iraq-Trinidad and Tobago In N/A, Iraq did not export any products to Trinidad and Tobago.

In 2021, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Trinidad and Tobago exported $36.5k to Iraq. There were not main exports from Trinidad and Tobago to Iraq in 2021. During the last 9 years the exports of Trinidad and Tobago to Iraq have increased at an annualized rate of 4.15%, from $25.3k in 2012 to $36.5k in 2021.

Iraq does not register exports to Trinidad and Tobago. The main products exported from Iraq to Trinidad and Tobago were Toilet Paper ($3.18k).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Iraq
Top DestinationIndia$38.8B

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

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

In 2022, countries that imported more from Iraq than Trinidad and Tobago included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Trinidad and Tobago - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Trinidad and Tobago had a large net trade with Iraq in the exports of .

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 Iraq+$3.37kRefined Petroleum

Top Product Potential Iraq Trinidad and Tobago+$5.21kRefined 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 Iraq. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Trinidad and Tobago.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Trinidad and Tobago - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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