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Pricing

2022
Flag → Flag
Exports $56.6MRnk 33 / 149
2022
Flag → Flag
Top Product $48.9MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2022
Flag → Flag
Exports $147MRnk 103 / 211
2022
Flag → Flag
Top Product $68.9MCars
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 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$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Trinidad and Tobago-Japan Trade: In 2022, Trinidad and Tobago exported $56.6M to Japan. The main products that Trinidad and Tobago exported to Japan were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($48.9M), Petroleum Gas ($6.29M), and Scrap Copper ($941k). Over the past 5 years the exports of Trinidad and Tobago to Japan have increased at an annualized rate of 4.2%, from $46.1M in 2017 to $56.6M in 2022.

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

Japan-Trinidad and Tobago Trade: In 2022, Japan exported $147M to Trinidad and Tobago. The main products that Japan exported to Trinidad and Tobago were Cars ($68.9M), Iron Pipes ($26.3M), and Delivery Trucks ($16.4M). Over the past 5 years the exports of Japan to Trinidad and Tobago have decreased at an annualized rate of 9.78%,  from $245M in 2017 to $147M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $56.6M to Japan. The main products exported from Trinidad and Tobago to Japan were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($48.9M), Petroleum Gas ($6.29M), and Scrap Copper ($941k). During the last 5 years the exports of Trinidad and Tobago to Japan have increased at an annualized rate of 4.2%, from $46.1M in 2017 to $56.6M in 2022.

In 2017, Japan exported $147M to Trinidad and Tobago. The main products exported from Japan to Trinidad and Tobago were Cars ($68.9M), Iron Pipes ($26.3M), and Delivery Trucks ($16.4M). During the last 5 years the exports of Japan to Trinidad and Tobago have decreased at an annualized rate of 9.78%, from $245M in 2022 to $147M in 2017.

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

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

Latest Data

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

Japan Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Trinidad and Tobago than Japan included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

In 2022, countries that imported more from Japan than Trinidad and Tobago included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Trinidad and Tobago - Japan

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Japan in the exports of Chemical Products ($48.9M), Mineral Products ($6.38M), and Metals ($941k).

During 2017, Japan had a large net trade with Trinidad and Tobago in the exports of Transportation ($93.4M), Metals ($27.4M), and Machines ($15.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Japan+$85.6MPetroleum Gas
Top Product Potential Japan Trinidad and Tobago+$7.56MCars

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

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

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