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Exports In 2023, Trinidad and Tobago exported $703k in Cars, making it the 138th largest exporter of Cars in the world. At the same year, Cars was the 160th most exported product in Trinidad and Tobago. The main destination of Cars exports from Trinidad and Tobago are: Barbados ($344k), Antigua and Barbuda ($202k), Guyana ($100k), Grenada ($35k), and Netherlands ($18.3k).

The fastest growing export markets for Cars of Trinidad and Tobago between 2022 and 2023 were Barbados ($272k), Antigua and Barbuda ($202k), and Grenada ($21.9k).

Imports In 2023, Trinidad and Tobago imported $320M in Cars, becoming the 110th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Cars primarily from: Japan ($141M), Thailand ($49.3M), China ($21.9M), India ($20.4M), and Indonesia ($20M).

The fastest growing import markets in Cars for Trinidad and Tobago between 2022 and 2023 were Japan ($78.9M), Thailand ($35.2M), and China ($16.5M).

COMPANIES In 2024, leading companies such as Rolls-Royce (1) were at the forefront of shipping Cars from Trinidad and Tobago to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$703k
IMPORTS (2023)$320M
NET TRADE (2023)-$319M

In 2023, Trinidad and Tobago exported $703k in Cars. The main destinations of Trinidad and Tobago exports on Cars were Barbados ($344k), Antigua and Barbuda ($202k), Guyana ($100k), Grenada ($35k), and Netherlands ($18.3k).

In 2023, Trinidad and Tobago imported $320M in Cars, mainly from Japan ($141M), Thailand ($49.3M), China ($21.9M), India ($20.4M), and Indonesia ($20M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Barbados$272k (379%)
Grenada$21.9k (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Trinidad and Tobago WERE (2022 - 2023):
Suriname-$291k (-100%)
Jamaica-$117k (-96.8%)
United States-$52.1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Trinidad and Tobago's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Trinidad and Tobago's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $84.5k
TOP IMPORT POTENTIALGermany+ $12.3M

Cars’s highest export potential is United Kingdom. With an export gap of $84.5k.   Cars’s highest import potential is Germany with an import gap of $12.3M.

See methodology.

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