2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
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About

Trinidad and Tobago-British Virgin Islands Trade: In 2022, Trinidad and Tobago exported $7.21M to British Virgin Islands. The main products that Trinidad and Tobago exported to British Virgin Islands were Petroleum Gas ($3.76M), Flavored Water ($876k), and Cement ($599k). Over the past 5 years the exports of Trinidad and Tobago to British Virgin Islands have decreased at an annualized rate of 10.1%, from $12.3M in 2017 to $7.21M in 2022.

In 2022, Trinidad and Tobago did not export any services to British Virgin Islands.

British Virgin Islands-Trinidad and Tobago Trade: In 2022, British Virgin Islands exported $19.2k to Trinidad and Tobago. The main products that British Virgin Islands exported to Trinidad and Tobago were Other Plastic Products ($6.78k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($6.59k), and Used Clothing ($1.01k). Over the past 5 years the exports of British Virgin Islands to Trinidad and Tobago have increased at an annualized rate of 1.06%,  from $18.1k in 2017 to $19.2k in 2022.

In 2022, British Virgin Islands did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, British Virgin Islands ranked 185 in total exports ($206M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $7.21M to British Virgin Islands. The main products exported from Trinidad and Tobago to British Virgin Islands were Petroleum Gas ($3.76M), Flavored Water ($876k), and Cement ($599k). During the last 5 years the exports of Trinidad and Tobago to British Virgin Islands have decreased at an annualized rate of 10.1%, from $12.3M in 2017 to $7.21M in 2022.

In 2017, British Virgin Islands exported $19.2k to Trinidad and Tobago. The main products exported from British Virgin Islands to Trinidad and Tobago were Other Plastic Products ($6.78k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($6.59k), and Used Clothing ($1.01k). During the last 5 years the exports of British Virgin Islands to Trinidad and Tobago have increased at an annualized rate of 1.06%, from $18.1k in 2022 to $19.2k in 2017.

Exports from Trinidad and Tobago (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and British Virgin Islands (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
British Virgin Islands
Top Destination
Malta$85.8M

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

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

In 2022, countries that imported more from British Virgin Islands than Trinidad and Tobago included Egypt ($12.2M), Zimbabwe ($5.02M), and Switzerland ($19.1M).

Difference in imports from British Virgin Islands (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - British Virgin Islands

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with British Virgin Islands in the exports of Mineral Products ($4.46M), Foodstuffs ($1.91M), and Plastics and Rubbers ($278k).

During 2017, British Virgin Islands had a large net trade with Trinidad and Tobago in the exports of Plastics and Rubbers ($6.78k), Chemical Products ($6.65k), and Miscellaneous ($2.23k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and British Virgin Islands. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over British Virgin Islands. Similarly, a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and British Virgin Islands (Flag) (2022)

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