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Pricing

2022
Flag → Flag
Exports $7.38kRnk 135 / 149
2022
Flag → Flag
Top Product $2.02kBroadcasting Equipment
2022
Flag → Flag
Exports $3.02MRnk 117 / 205
2022
Flag → Flag
Top Product $500kOther Office Machines
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Trinidad and Tobago-Philippines Trade: In 2022, Trinidad and Tobago exported $7.38k to Philippines. The main products that Trinidad and Tobago exported to Philippines were Broadcasting Equipment ($2.02k), Orthopedic Appliances ($1.58k), and Computers ($1.14k). Over the past 5 years the exports of Trinidad and Tobago to Philippines have decreased at an annualized rate of 10.5%, from $12.8k in 2017 to $7.38k in 2022.

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

Philippines-Trinidad and Tobago Trade: In 2022, Philippines exported $3.02M to Trinidad and Tobago. The main products that Philippines exported to Trinidad and Tobago were Other Office Machines ($500k), Other Processed Fruits and Nuts ($462k), and Optical Fibers and optical fibre bundles ($307k). Over the past 5 years the exports of Philippines to Trinidad and Tobago have increased at an annualized rate of 4.17%,  from $2.37M in 2017 to $3.02M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $7.38k to Philippines. The main products exported from Trinidad and Tobago to Philippines were Broadcasting Equipment ($2.02k), Orthopedic Appliances ($1.58k), and Computers ($1.14k). During the last 5 years the exports of Trinidad and Tobago to Philippines have decreased at an annualized rate of 10.5%, from $12.8k in 2017 to $7.38k in 2022.

In 2017, Philippines exported $3.02M to Trinidad and Tobago. The main products exported from Philippines to Trinidad and Tobago were Other Office Machines ($500k), Other Processed Fruits and Nuts ($462k), and Optical Fibers and optical fibre bundles ($307k). During the last 5 years the exports of Philippines to Trinidad and Tobago have increased at an annualized rate of 4.17%, from $2.37M in 2022 to $3.02M in 2017.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Trinidad and Tobago included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

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

Comparative Advantage Trinidad and Tobago - Philippines

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Philippines in the exports of Machines ($3.75k), Instruments ($2.3k), and Miscellaneous ($714).

During 2017, Philippines had a large net trade with Trinidad and Tobago in the exports of Machines ($1.4M), Foodstuffs ($577k), and Instruments ($323k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Philippines+$4.38kPetroleum Gas
Top Product Potential Philippines Trinidad and Tobago+$2.99kRefined 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 Philippines. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Trinidad and Tobago.

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

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