2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
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 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

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 Raw Iron Bars ($44.1M), Other Steel Bars ($20.7M), and Insulated Wire ($14.6M). 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.

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 Alcohols ($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.

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $148M to Trinidad and Tobago. The main products exported from Turkey to Trinidad and Tobago were Raw Iron Bars ($44.1M), Other Steel Bars ($20.7M), and Insulated Wire ($14.6M). 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 2017 to $148M in 2022.

In 2017, Trinidad and Tobago exported $20.8M to Turkey. The main products exported from Trinidad and Tobago to Turkey were Acyclic Alcohols ($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 2022 to $20.8M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Trinidad and Tobago
Top Destination
United States$4.91B

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

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

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

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

Comparative Advantage Turkey - Trinidad and Tobago

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Economic Complexity

Competitive Landscape

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

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

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