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2022
Flag → Flag
Exports $4.91BRnk 1 / 149
2022
Flag → Flag
Top Product $1.32BCrude Petroleum
2022
Flag → Flag
Exports $3.03BRnk 61 / 219
2022
Flag → Flag
Top Product $969MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Trinidad and Tobago-United States Trade: In 2022, Trinidad and Tobago exported $4.91B to United States. The main products that Trinidad and Tobago exported to United States were Crude Petroleum ($1.32B), Ammonia ($1.17B), and Petroleum Gas ($904M). Over the past 5 years the exports of Trinidad and Tobago to United States have increased at an annualized rate of 7.13%, from $3.48B in 2017 to $4.91B in 2022.

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

United States-Trinidad and Tobago Trade: In 2022, United States exported $3.03B to Trinidad and Tobago. The main products that United States exported to Trinidad and Tobago were Refined Petroleum ($969M), Planes, Helicopters, and/or Spacecraft ($136M), and Iron Ore ($120M). Over the past 5 years the exports of United States to Trinidad and Tobago have increased at an annualized rate of 11.3%,  from $1.78B in 2017 to $3.03B in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $4.91B to United States. The main products exported from Trinidad and Tobago to United States were Crude Petroleum ($1.32B), Ammonia ($1.17B), and Petroleum Gas ($904M). During the last 5 years the exports of Trinidad and Tobago to United States have increased at an annualized rate of 7.13%, from $3.48B in 2017 to $4.91B in 2022.

In 2017, United States exported $3.03B to Trinidad and Tobago. The main products exported from United States to Trinidad and Tobago were Refined Petroleum ($969M), Planes, Helicopters, and/or Spacecraft ($136M), and Iron Ore ($120M). During the last 5 years the exports of United States to Trinidad and Tobago have increased at an annualized rate of 11.3%, from $1.78B in 2022 to $3.03B in 2017.

Exports from Trinidad and Tobago (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and United States (Flag)

Trinidad and Tobago Exports

United States Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Trinidad and Tobago than United States included Bonaire ($118k), North Korea ($32.4k), and Guam ($17.8k).

In 2022, countries that imported more from United States than Trinidad and Tobago included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - United States

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with United States in the exports of Mineral Products ($2.23B), Chemical Products ($1.73B), and Metals ($856M).

During 2017, United States had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($1.13B), Machines ($527M), and Chemical Products ($272M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago United States+$584MCrude Petroleum
Top Product Potential United States Trinidad and Tobago+$7.15MCars

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

Product Space of Trinidad and Tobago (Flag) and United States (Flag) (2022)

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