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2023
Flag → Flag
Exports $564MRnk 5 / 123
2023
Flag → Flag
Top Product $249MPetroleum Gas
2023
Flag → Flag
Exports $87.7MRnk 122 / 224
2023
Flag → Flag
Top Product $11MOther Frozen Vegetables
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Trinidad and Tobago-Netherlands Trade: In 2023, Trinidad and Tobago exported $564M to Netherlands. The main products that Trinidad and Tobago exported to Netherlands were Petroleum Gas ($249M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($166M), and Crude Petroleum ($131M). Over the past 5 years the exports of Trinidad and Tobago to Netherlands have increased at an annualized rate of 11.6%, from $326M in 2018 to $564M in 2023.

In 2023, Trinidad and Tobago did not export any services to Netherlands.

Netherlands-Trinidad and Tobago Trade: In 2023, Netherlands exported $87.7M to Trinidad and Tobago. The main products that Netherlands exported to Trinidad and Tobago were Other Frozen Vegetables ($11M), Potatoes ($9.45M), and Soybean Oil ($8.87M). Over the past 5 years the exports of Netherlands to Trinidad and Tobago have increased at an annualized rate of 1.99%,  from $79.4M in 2018 to $87.7M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $564M to Netherlands. The main products exported from Trinidad and Tobago to Netherlands were Petroleum Gas ($249M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($166M), and Crude Petroleum ($131M). During the last 5 years the exports of Trinidad and Tobago to Netherlands have increased at an annualized rate of 11.6%, from $326M in 2018 to $564M in 2023.

In 2018, Netherlands exported $87.7M to Trinidad and Tobago. The main products exported from Netherlands to Trinidad and Tobago were Other Frozen Vegetables ($11M), Potatoes ($9.45M), and Soybean Oil ($8.87M). During the last 5 years the exports of Netherlands to Trinidad and Tobago have increased at an annualized rate of 1.99%, from $79.4M in 2023 to $87.7M in 2018.

Exports from Trinidad and Tobago (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

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

Trinidad and Tobago Exports

Netherlands Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Trinidad and Tobago than Netherlands included Guyana ($625M), Barbados ($460M), and Jamaica ($227M).

In 2023, countries that imported more from Netherlands than Trinidad and Tobago included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Trinidad and Tobago - Netherlands

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Netherlands in the exports of Mineral Products ($380M), Chemical Products ($179M), and Foodstuffs ($2.97M).

During 2018, Netherlands had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($20.1M), Foodstuffs ($16.1M), and Machines ($12.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Netherlands+$88.8MCrude Petroleum
Top Product Potential Netherlands Trinidad and Tobago+$21.8MRefined 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

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and Netherlands. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Netherlands (Flag) (2023)

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