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Pricing

2022
Flag → Flag
Exports $20.8MRnk 44 / 149
2022
Flag → Flag
Top Product $9.26MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2022
Flag → Flag
Exports $148MRnk 118 / 219
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Trinidad and Tobago-Turkey Trade: In 2022, Trinidad and Tobago exported $20.8M to Turkey. The main products that Trinidad and Tobago exported to Turkey were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.26M), Petroleum Coke ($6.14M), and Ammonia ($4.81M). Over the past 5 years the exports of Trinidad and Tobago to Turkey have decreased at an annualized rate of 14%, from $44.4M in 2017 to $20.8M in 2022.

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

Turkey-Trinidad and Tobago Trade: In 2022, Turkey exported $148M to Trinidad and Tobago. The main products that Turkey exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Turkey to Trinidad and Tobago have increased at an annualized rate of 12.4%,  from $82.6M in 2017 to $148M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $20.8M to Turkey. The main products exported from Trinidad and Tobago to Turkey were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.26M), Petroleum Coke ($6.14M), and Ammonia ($4.81M). During the last 5 years the exports of Trinidad and Tobago to Turkey have decreased at an annualized rate of 14%, from $44.4M in 2017 to $20.8M in 2022.

In 2017, Turkey exported $148M to Trinidad and Tobago. There were not main exports from Turkey to Trinidad and Tobago in 2017. During the last 5 years the exports of Turkey to Trinidad and Tobago have increased at an annualized rate of 12.4%, from $82.6M in 2022 to $148M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Trinidad and Tobago than Turkey included Guyana ($257M), Barbados ($132M), and Jamaica ($430M).

In 2022, countries that imported more from Turkey than Trinidad and Tobago included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

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

Comparative Advantage Trinidad and Tobago - Turkey

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Turkey in the exports of Chemical Products ($14.2M), Mineral Products ($6.34M), and Foodstuffs ($218k).

During 2017, Turkey had a large net trade with Trinidad and Tobago in the exports of Metals ($102M), Machines ($20.7M), and Plastics and Rubbers ($6.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Turkey+$10.1MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
Top Product Potential Turkey Trinidad and Tobago+$1.88MRefined 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 Turkey. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Trinidad and Tobago.

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

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