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Pricing

2022
Flag → Flag
Exports $12.3MRnk 51 / 149
2022
Flag → Flag
Top Product $7.63MNitrogenous Fertilizers
2022
Flag → Flag
Exports $29.3MRnk 58 / 180
2022
Flag → Flag
Top Product $6.96MOther Plastic Sheetings
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
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GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
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GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Trinidad and Tobago-Peru Trade: In 2022, Trinidad and Tobago exported $12.3M to Peru. The main products that Trinidad and Tobago exported to Peru were Nitrogenous Fertilizers ($7.63M), Acyclic Alcohols ($4.3M), and Other Paper Machinery ($143k). Over the past 5 years the exports of Trinidad and Tobago to Peru have decreased at an annualized rate of 47.6%, from $312M in 2017 to $12.3M in 2022.

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

Peru-Trinidad and Tobago Trade: In 2022, Peru exported $29.3M to Trinidad and Tobago. The main products that Peru exported to Trinidad and Tobago were Other Plastic Sheetings ($6.96M), Raw Plastic Sheeting ($6.23M), and Plastic Lids ($4.84M). Over the past 5 years the exports of Peru to Trinidad and Tobago have increased at an annualized rate of 0.46%,  from $26.9M in 2017 to $29.3M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $12.3M to Peru. The main products exported from Trinidad and Tobago to Peru were Nitrogenous Fertilizers ($7.63M), Acyclic Alcohols ($4.3M), and Other Paper Machinery ($143k). During the last 5 years the exports of Trinidad and Tobago to Peru have decreased at an annualized rate of 47.6%, from $312M in 2017 to $12.3M in 2022.

In 2017, Peru exported $29.3M to Trinidad and Tobago. The main products exported from Peru to Trinidad and Tobago were Other Plastic Sheetings ($6.96M), Raw Plastic Sheeting ($6.23M), and Plastic Lids ($4.84M). During the last 5 years the exports of Peru to Trinidad and Tobago have increased at an annualized rate of 0.46%, from $26.9M in 2022 to $29.3M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Peru Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Trinidad and Tobago than Peru included Morocco ($740M), Jamaica ($430M), and Belgium ($894M).

In 2022, countries that imported more from Peru than Trinidad and Tobago included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Trinidad and Tobago - Peru

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Peru in the exports of Chemical Products ($11.9M), Plastics and Rubbers ($172k), and Machines ($143k).

During 2017, Peru had a large net trade with Trinidad and Tobago in the exports of Plastics and Rubbers ($18.7M), Foodstuffs ($3.64M), and Animal Products ($2.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Peru+$4.49MNitrogenous Fertilizers
Top Product Potential Peru Trinidad and Tobago+$192kOther Processed Vegetables

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

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

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