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2022
Flag → Flag
Exports $60.5MRnk 32 / 149
2022
Flag → Flag
Top Product $50.1MPetroleum Gas
2022
Flag → Flag
Exports $21.6MRnk 125 / 215
2022
Flag → Flag
Top Product $5.56MIron Chains
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Trinidad and Tobago-Singapore Trade: In 2022, Trinidad and Tobago exported $60.5M to Singapore. The main products that Trinidad and Tobago exported to Singapore were Petroleum Gas ($50.1M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($10M), and Hard Liquor ($177k). Over the past 5 years the exports of Trinidad and Tobago to Singapore have increased at an annualized rate of 26.6%, from $18.6M in 2017 to $60.5M in 2022.

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

Singapore-Trinidad and Tobago Trade: In 2022, Singapore exported $21.6M to Trinidad and Tobago. The main products that Singapore exported to Trinidad and Tobago were Iron Chains ($5.56M), Cars ($2M), and Excavation Machinery ($1.1M). Over the past 5 years the exports of Singapore to Trinidad and Tobago have decreased at an annualized rate of 9.96%,  from $143M in 2017 to $21.6M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $60.5M to Singapore. The main products exported from Trinidad and Tobago to Singapore were Petroleum Gas ($50.1M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($10M), and Hard Liquor ($177k). During the last 5 years the exports of Trinidad and Tobago to Singapore have increased at an annualized rate of 26.6%, from $18.6M in 2017 to $60.5M in 2022.

In 2017, Singapore exported $21.6M to Trinidad and Tobago. The main products exported from Singapore to Trinidad and Tobago were Iron Chains ($5.56M), Cars ($2M), and Excavation Machinery ($1.1M). During the last 5 years the exports of Singapore to Trinidad and Tobago have decreased at an annualized rate of 9.96%, from $143M in 2022 to $21.6M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Singapore Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Trinidad and Tobago included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Trinidad and Tobago - Singapore

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Singapore in the exports of Mineral Products ($50.1M), Chemical Products ($10M), and Foodstuffs ($180k).

During 2017, Singapore had a large net trade with Trinidad and Tobago in the exports of Metals ($7.33M), Machines ($4.26M), and Transportation ($2.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Singapore+$47.5MPetroleum Gas
Top Product Potential Singapore Trinidad and Tobago+$447kMachinery Having Individual Functions

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

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

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