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Pricing

2021
Flag → Flag
Exports $18.7MRnk 15 / 0
2021
Flag → Flag
Exports $716kRnk 120 / 138
2021
Flag → Flag
Top Product $258kSulfonated, Nitrated or Nitrosated Hydrocarbons
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Trinidad and Tobago-Saudi Arabia Trade: In 2021, Trinidad and Tobago exported $18.7M to Saudi Arabia. The main products that Trinidad and Tobago exported to Saudi Arabia were N/A. Over the past 5 years the exports of Trinidad and Tobago to Saudi Arabia have increased at an annualized rate of 99.3%, from $595k in 2016 to $18.7M in 2021.

In 2021, Trinidad and Tobago did not export any services to Saudi Arabia.

Saudi Arabia-Trinidad and Tobago Trade: In 2021, Saudi Arabia exported $716k to Trinidad and Tobago. The main products that Saudi Arabia exported to Trinidad and Tobago were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($258k), Cellulose Fibers Paper ($148k), and Propylene Polymers ($100k). Over the past 5 years the exports of Saudi Arabia to Trinidad and Tobago have decreased at an annualized rate of 2.83%,  from $827k in 2016 to $716k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Trinidad and Tobago exported $18.7M to Saudi Arabia. There were not main exports from Trinidad and Tobago to Saudi Arabia in 2021. During the last 5 years the exports of Trinidad and Tobago to Saudi Arabia have increased at an annualized rate of 99.3%, from $595k in 2016 to $18.7M in 2021.

In 2017, Saudi Arabia exported $716k to Trinidad and Tobago. The main products exported from Saudi Arabia to Trinidad and Tobago were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($258k), Cellulose Fibers Paper ($148k), and Propylene Polymers ($100k). During the last 5 years the exports of Saudi Arabia to Trinidad and Tobago have decreased at an annualized rate of 2.83%, from $827k in 2022 to $716k in 2017.

Exports from Trinidad and Tobago (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Saudi Arabia (Flag)

Trinidad and Tobago Exports

Date

Saudi Arabia Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Trinidad and Tobago than Saudi Arabia included Jamaica ($430M), Chile ($291M), and Guyana ($257M).

In 2022, countries that imported more from Saudi Arabia than Trinidad and Tobago included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Saudi Arabia

Flow
Scale

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

During 2021, Trinidad and Tobago had a large net trade with Saudi Arabia in the exports of .

During 2017, Saudi Arabia had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($305k), Paper Goods ($175k), and Plastics and Rubbers ($162k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Saudi Arabia+$4.34kCrude Petroleum
Top Product Potential Saudi Arabia Trinidad and Tobago+$6.1kRefined 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 Saudi Arabia. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Saudi Arabia (Flag) (2022)

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