2022
Exports
$39kWorld Rnk 118 / 151
Flag Rnk 467 / 925
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$7.43MWorld Rnk 139 / 214
Flag Rnk 185 / 1146

About

Exports In 2022, Trinidad and Tobago exported $39k in Hot-Rolled Iron, making it the 118th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 467th most exported product in Trinidad and Tobago. The main destination of Hot-Rolled Iron exports from Trinidad and Tobago are: Turkey ($34.1k), Saint Kitts and Nevis ($2.58k), Grenada ($1.23k), Guyana ($938), and Saint Vincent and the Grenadines ($133).

The fastest growing export markets for Hot-Rolled Iron of Trinidad and Tobago between 2021 and 2022 were Turkey ($34.1k) and Saint Kitts and Nevis ($444).

Imports In 2022, Trinidad and Tobago imported $7.43M in Hot-Rolled Iron, becoming the 139th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 185th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Hot-Rolled Iron primarily from: Turkey ($3.67M), China ($1.87M), Belgium ($1.1M), United States ($346k), and United Kingdom ($219k).

The fastest growing import markets in Hot-Rolled Iron for Trinidad and Tobago between 2021 and 2022 were China ($1.78M), Belgium ($754k), and Turkey ($734k).

Latest Trends

Aug 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 Hot-Rolled Iron. 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 (2022)$39k
IMPORTS (2022)$7.43M
NET TRADE (2022)-$7.39M

In 2022, Trinidad and Tobago exported $39k in Hot-Rolled Iron. The main destinations of Trinidad and Tobago exports on Hot-Rolled Iron were Turkey ($34.1k), Saint Kitts and Nevis ($2.58k), Grenada ($1.23k), Guyana ($938), and Saint Vincent and the Grenadines ($133).

In 2022, Trinidad and Tobago imported $7.43M in Hot-Rolled Iron, mainly from Turkey ($3.67M), China ($1.87M), Belgium ($1.1M), United States ($346k), and United Kingdom ($219k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Turkey$34.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Trinidad and Tobago WERE (2021 - 2022):
Guyana-$124k (-99.3%)
Suriname-$16.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Trinidad and Tobago's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Trinidad and Tobago's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $39.3k
TOP IMPORT POTENTIALChina+ $1.11M

Hot-Rolled Iron’s highest export potential is Turkey. With an export gap of $39.3k.   Hot-Rolled Iron’s highest import potential is China with an import gap of $1.11M.

See methodology.

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