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$
Rnk 150 / 186

About

Chinese Taipei-Trinidad and Tobago Trade: In 2022, Chinese Taipei exported $45.5M to Trinidad and Tobago. The main products that Chinese Taipei exported to Trinidad and Tobago were Coated Flat-Rolled Iron ($8.72M), Polyacetals ($5.58M), and Telephones ($2.06M). Over the past 5 years the exports of Chinese Taipei to Trinidad and Tobago have increased at an annualized rate of 3.3%, from $38.7M in 2017 to $45.5M in 2022.

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

Trinidad and Tobago-Chinese Taipei Trade: In 2022, Trinidad and Tobago exported $73.4M to Chinese Taipei. The main products that Trinidad and Tobago exported to Chinese Taipei were Acyclic Alcohols ($59.7M), Scrap Iron ($7.72M), and Petroleum Gas ($2.87M). Over the past 5 years the exports of Trinidad and Tobago to Chinese Taipei have decreased at an annualized rate of 7.28%,  from $107M in 2017 to $73.4M in 2022.

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

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). 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, Chinese Taipei exported $45.5M to Trinidad and Tobago. The main products exported from Chinese Taipei to Trinidad and Tobago were Coated Flat-Rolled Iron ($8.72M), Polyacetals ($5.58M), and Telephones ($2.06M). During the last 5 years the exports of Chinese Taipei to Trinidad and Tobago have increased at an annualized rate of 3.3%, from $38.7M in 2017 to $45.5M in 2022.

In 2017, Trinidad and Tobago exported $73.4M to Chinese Taipei. The main products exported from Trinidad and Tobago to Chinese Taipei were Acyclic Alcohols ($59.7M), Scrap Iron ($7.72M), and Petroleum Gas ($2.87M). During the last 5 years the exports of Trinidad and Tobago to Chinese Taipei have decreased at an annualized rate of 7.28%, from $107M in 2022 to $73.4M in 2017.

Exports from Chinese Taipei (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Chinese Taipei than Trinidad and Tobago included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Trinidad and Tobago than Chinese Taipei included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

Difference in imports from Trinidad and Tobago (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Trinidad and Tobago

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Trinidad and Tobago in the exports of Metals ($12.4M), Plastics and Rubbers ($11.1M), and Machines ($11M).

During 2017, Trinidad and Tobago had a large net trade with Chinese Taipei in the exports of Chemical Products ($59.7M), Metals ($9.31M), and Mineral Products ($2.87M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chinese Taipei and Trinidad and Tobago. This means that a dot/product with the flag of Chinese Taipei 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 Chinese Taipei.

Product Space of Chinese Taipei (Flag) and Trinidad and Tobago (Flag) (2022)

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