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Pricing

2022
Flag → Flag
Exports $56.3kRnk 99 / 149
2022
Flag → Flag
Top Product $50.3kHard Liquor
2022
Flag → Flag
Exports $25.5kRnk 139 / 164
2022
Flag → Flag
Top Product $21.8kDried Legumes
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Trinidad and Tobago-Tanzania Trade: In 2022, Trinidad and Tobago exported $56.3k to Tanzania. The main products that Trinidad and Tobago exported to Tanzania were Hard Liquor ($50.3k), Recovered Paper ($5.86k), and Beauty Products ($64). Over the past 5 years the exports of Trinidad and Tobago to Tanzania have increased at an annualized rate of 61.5%, from $5.11k in 2017 to $56.3k in 2022.

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

Tanzania-Trinidad and Tobago Trade: In 2022, Tanzania exported $25.5k to Trinidad and Tobago. The main products that Tanzania exported to Trinidad and Tobago were Dried Legumes ($21.8k), Liquid Dispersing Machines ($2.61k), and Knit T-shirts ($941). Over the past 5 years the exports of Tanzania to Trinidad and Tobago have decreased at an annualized rate of 11.8%,  from $47.7k in 2017 to $25.5k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $56.3k to Tanzania. The main products exported from Trinidad and Tobago to Tanzania were Hard Liquor ($50.3k), Recovered Paper ($5.86k), and Beauty Products ($64). During the last 5 years the exports of Trinidad and Tobago to Tanzania have increased at an annualized rate of 61.5%, from $5.11k in 2017 to $56.3k in 2022.

In 2017, Tanzania exported $25.5k to Trinidad and Tobago. The main products exported from Tanzania to Trinidad and Tobago were Dried Legumes ($21.8k), Liquid Dispersing Machines ($2.61k), and Knit T-shirts ($941). During the last 5 years the exports of Tanzania to Trinidad and Tobago have decreased at an annualized rate of 11.8%, from $47.7k in 2022 to $25.5k in 2017.

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

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

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Trinidad and Tobago than Tanzania included United States ($4.91B), Morocco ($740M), and Belgium ($894M).

In 2022, countries that imported more from Tanzania than Trinidad and Tobago included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Trinidad and Tobago - Tanzania

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Tanzania in the exports of Foodstuffs ($50.3k), Paper Goods ($5.86k), and Chemical Products ($64).

During 2017, Tanzania had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($21.8k), Machines ($2.61k), and Textiles ($1.14k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Tanzania+$46.7kHard Liquor
Top Product Potential Tanzania Trinidad and Tobago+$2.11kRefined 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 Tanzania. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Trinidad and Tobago.

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

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