2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 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
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

Trinidad and Tobago-Liberia Trade: In 2022, Trinidad and Tobago exported $3.27k to Liberia. The main products that Trinidad and Tobago exported to Liberia were N/A. Over the past 5 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%, from $44.6M in 2017 to $3.27k in 2022.

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

Liberia-Trinidad and Tobago Trade: In 2022, Liberia exported $10.1k to Trinidad and Tobago. The main products that Liberia exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 56.5%,  from $646k in 2017 to $10.1k in 2022.

In 2022, Liberia 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, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $3.27k to Liberia. There were not main exports from Trinidad and Tobago to Liberia in 2022. During the last 5 years the exports of Trinidad and Tobago to Liberia have decreased at an annualized rate of 85.1%, from $44.6M in 2017 to $3.27k in 2022.

In 2017, Liberia exported $10.1k to Trinidad and Tobago. There were not main exports from Liberia to Trinidad and Tobago in 2017. During the last 5 years the exports of Liberia to Trinidad and Tobago have decreased at an annualized rate of 56.5%, from $646k in 2022 to $10.1k in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Liberia
Top Destination
Switzerland$708M

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

In 2023, countries that imported more from Trinidad and Tobago than Liberia included United States ($3.26B), China ($783M), and Guyana ($625M).

In 2023, countries that imported more from Liberia than Trinidad and Tobago included Switzerland ($708M), Lebanon ($105M), and Poland ($101M).

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

Comparative Advantage Trinidad and Tobago - Liberia

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Liberia in the exports of .

During 2017, Liberia had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Liberia+$2.4kRefined Petroleum
Top Product Potential Liberia Trinidad and Tobago+$2.66kIron Ore

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

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

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