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Pricing

2022
Flag → Flag
Exports $38Rnk 149 / 149
2022
Flag → Flag
Top Product $38Electrical Control Boards
2022
Flag → Flag
Exports $5.34MRnk 99 / 194
2022
Flag → Flag
Top Product $1.64MOther Processed Fruits and Nuts
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Trinidad and Tobago-Sri Lanka Trade: In 2022, Trinidad and Tobago exported $38 to Sri Lanka. The main products that Trinidad and Tobago exported to Sri Lanka were Electrical Control Boards ($38). Over the past 6 years the exports of Trinidad and Tobago to Sri Lanka have decreased at an annualized rate of 35.7%, from $537 in 2016 to $38 in 2022.

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

Sri Lanka-Trinidad and Tobago Trade: In 2022, Sri Lanka exported $5.34M to Trinidad and Tobago. The main products that Sri Lanka exported to Trinidad and Tobago were Other Processed Fruits and Nuts ($1.64M), Malt Extract ($1.53M), and Tea ($520k). Over the past 6 years the exports of Sri Lanka to Trinidad and Tobago have increased at an annualized rate of 8.62%,  from $3.53M in 2016 to $5.34M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $38 to Sri Lanka. The main products exported from Trinidad and Tobago to Sri Lanka were Electrical Control Boards ($38). During the last 6 years the exports of Trinidad and Tobago to Sri Lanka have decreased at an annualized rate of 35.7%, from $537 in 2016 to $38 in 2022.

In 2017, Sri Lanka exported $5.34M to Trinidad and Tobago. The main products exported from Sri Lanka to Trinidad and Tobago were Other Processed Fruits and Nuts ($1.64M), Malt Extract ($1.53M), and Tea ($520k). During the last 5 years the exports of Sri Lanka to Trinidad and Tobago have increased at an annualized rate of 8.62%, from $3.53M in 2022 to $5.34M in 2017.

Exports from Trinidad and Tobago (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Sri Lanka (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Sri Lanka
Top DestinationUnited States$3.52B

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

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

In 2022, countries that imported more from Sri Lanka than Trinidad and Tobago included India ($1.12B), United Kingdom ($1.04B), and Germany ($881M).

Difference in imports from Sri Lanka (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Sri Lanka

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Sri Lanka in the exports of Machines ($38).

During 2017, Sri Lanka had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($3.38M), Vegetable Products ($864k), and Plastics and Rubbers ($576k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Sri Lanka+$2.78kRefined Petroleum
Top Product Potential Sri Lanka Trinidad and Tobago+$1.63kExcavation Machinery

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

Product Space of Trinidad and Tobago (Flag) and Sri Lanka (Flag) (2022)

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