2021
Exports | Imports
$1.32B | $87World Rnk 37 / 147
Flag Rnk 4 / 983
World Rnk 157 / 163
Flag Rnk 1128 / 1138
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Trinidad and Tobago exported $1.32B in Crude Petroleum, making it the 37th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most exported product in Trinidad and Tobago. The main destination of Crude Petroleum exports from Trinidad and Tobago are: United States ($948M), Colombia ($125M), Spain ($76.8M), Panama ($64.7M), and Belgium ($45.8M).

The fastest growing export markets for Crude Petroleum of Trinidad and Tobago between 2020 and 2021 were United States ($355M), Colombia ($125M), and Spain ($61M).

Imports In 2021, Trinidad and Tobago imported $87 in Crude Petroleum, becoming the 157th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1128th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Crude Petroleum primarily from: Jamaica ($87).

Latest Trends

Dec 2023

Subnational Monthly Trade

View
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 Crude Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2021)$1.32B
IMPORTS (2021)$87
NET TRADE (2021)$1.32B

In 2021, Trinidad and Tobago exported $1.32B in Crude Petroleum. The main destinations of Trinidad and Tobago exports on Crude Petroleum were United States ($948M), Colombia ($125M), Spain ($76.8M), Panama ($64.7M), and Belgium ($45.8M).

In 2021, Trinidad and Tobago imported $87 in Crude Petroleum, mainly from Jamaica ($87).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Trinidad and Tobago WERE (2020 - 2021):
United States$355M (59.8%)
Colombia$125M (1%)
Spain$61M (386%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Trinidad and Tobago WERE (2020 - 2021):
Switzerland-$47.9M (-100%)
Bahamas-$32.9M (-100%)
Jamaica-$1.29k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Trinidad and Tobago's main exporting competitors in Crude Petroleum were:
In 2021, Trinidad and Tobago's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with