2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
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 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
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GDP PC 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186
2022
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GDP PC
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Trinidad and Tobago-Uruguay In 2022, Trinidad and Tobago exported $467k to Uruguay. The main products that Trinidad and Tobago exported to Uruguay are Sauces and Seasonings ($445k), Hard Liquor ($12.3k), and Acyclic Alcohols ($9.79k). During the last 27 years the exports of Trinidad and Tobago to Uruguay have increased at an annualized rate of 9.25%, from $42.8k in 1995 to $467k in 2022.

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

Uruguay-Trinidad and Tobago In 2022, Uruguay exported $16.2M to Trinidad and Tobago. The main products that Uruguay exported to Trinidad and Tobago were Frozen Bovine Meat ($14.9M), Scented Mixtures ($529k), and Concentrated Milk ($186k). During the last 27 years the exports of Uruguay to Trinidad and Tobago have increased at an annualized rate of 17%, from $234k in 1995 to $16.2M in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $467k to Uruguay. The main products exported from Trinidad and Tobago to Uruguay were Sauces and Seasonings ($445k), Hard Liquor ($12.3k), and Acyclic Alcohols ($9.79k). During the last 27 years the exports of Trinidad and Tobago to Uruguay have increased at an annualized rate of 9.25%, from $42.8k in 1995 to $467k in 2022.

In 2022, Uruguay exported $16.2M to Trinidad and Tobago. The main products exported from Uruguay to Trinidad and Tobago were Frozen Bovine Meat ($14.9M), Scented Mixtures ($529k), and Concentrated Milk ($186k). During the last 27 years the exports of Uruguay to Trinidad and Tobago have increased at an annualized rate of 17%, from $234k in 1995 to $16.2M in 2022.

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

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

Latest Data

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

Uruguay Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Uruguay
Top Destination
China$2.89B

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

In 2021, countries that imported more from Trinidad and Tobago than Uruguay were United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2021, countries that imported more from Uruguay than Trinidad and Tobago were China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Trinidad and Tobago - Uruguay

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Uruguay in the exports of Foodstuffs ($457k) and Chemical Products ($9.79k).

During 2022, Uruguay had a large net trade with Trinidad and Tobago in the exports of Animal Products ($15.2M), Chemical Products ($745k), and Plastics and Rubbers ($193k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Trinidad and Tobago has comparative advantage over Uruguay. Similarly, the more yellow a dot/product is, the more Uruguay has comparative advantage over Trinidad and Tobago.

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

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