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2022
Flag → Flag
Exports $213MRnk 19 / 149
2022
Flag → Flag
Top Product $149MAmmonia
2022
Flag → Flag
Exports $128MRnk 61 / 156
2022
Flag → Flag
Top Product $9.58MRefrigerators
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 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$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Trinidad and Tobago-Mexico Trade: In 2022, Trinidad and Tobago exported $213M to Mexico. The main products that Trinidad and Tobago exported to Mexico were Ammonia ($149M), Nitrogenous Fertilizers ($48.6M), and Acyclic Alcohols ($5.84M). Over the past 5 years the exports of Trinidad and Tobago to Mexico have increased at an annualized rate of 15.4%, from $104M in 2017 to $213M in 2022.

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

Mexico-Trinidad and Tobago Trade: In 2022, Mexico exported $128M to Trinidad and Tobago. The main products that Mexico exported to Trinidad and Tobago were Refrigerators ($9.58M), Video Displays ($9.4M), and Computers ($8.53M). Over the past 5 years the exports of Mexico to Trinidad and Tobago have decreased at an annualized rate of 0.2%,  from $129M in 2017 to $128M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $213M to Mexico. The main products exported from Trinidad and Tobago to Mexico were Ammonia ($149M), Nitrogenous Fertilizers ($48.6M), and Acyclic Alcohols ($5.84M). During the last 5 years the exports of Trinidad and Tobago to Mexico have increased at an annualized rate of 15.4%, from $104M in 2017 to $213M in 2022.

In 2017, Mexico exported $128M to Trinidad and Tobago. The main products exported from Mexico to Trinidad and Tobago were Refrigerators ($9.58M), Video Displays ($9.4M), and Computers ($8.53M). During the last 5 years the exports of Mexico to Trinidad and Tobago have decreased at an annualized rate of 0.2%, from $129M in 2022 to $128M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Mexico Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than Trinidad and Tobago included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Trinidad and Tobago - Mexico

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Mexico in the exports of Chemical Products ($206M), Mineral Products ($5.81M), and Plastics and Rubbers ($622k).

During 2017, Mexico had a large net trade with Trinidad and Tobago in the exports of Machines ($40.5M), Chemical Products ($23M), and Plastics and Rubbers ($14.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Mexico+$13.6MNitrogenous Fertilizers
Top Product Potential Mexico Trinidad and Tobago+$1.69MRefrigerators

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

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

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