2023
Exports
$896kWorld Rnk 90 / 212
Flag Rnk 140 / 945
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$4.36MWorld Rnk 129 / 223
Flag Rnk 216 / 1056

About

Exports In 2023, Trinidad and Tobago exported $896k in Interchangeable Tool Parts, making it the 90th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 140th most exported product in Trinidad and Tobago. The main destination of Interchangeable Tool Parts exports from Trinidad and Tobago are: Suriname ($738k), United States ($57.3k), Guyana ($55.4k), Grenada ($20.7k), and Saint Vincent and the Grenadines ($8.69k).

The fastest growing export markets for Interchangeable Tool Parts of Trinidad and Tobago between 2022 and 2023 were Suriname ($646k), Antigua and Barbuda ($6.15k), and Saint Vincent and the Grenadines ($5.06k).

Imports In 2023, Trinidad and Tobago imported $4.36M in Interchangeable Tool Parts, becoming the 129th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 216th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Interchangeable Tool Parts primarily from: United States ($2.44M), China ($694k), Italy ($278k), Norway ($214k), and United Arab Emirates ($167k).

The fastest growing import markets in Interchangeable Tool Parts for Trinidad and Tobago between 2022 and 2023 were Norway ($196k), Estonia ($165k), and United Arab Emirates ($97k).

Latest Trends

Jan 2025

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 Interchangeable Tool Parts. 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)$896k
IMPORTS (2023)$4.36M
NET TRADE (2023)-$3.47M

In 2023, Trinidad and Tobago exported $896k in Interchangeable Tool Parts. The main destinations of Trinidad and Tobago exports on Interchangeable Tool Parts were Suriname ($738k), United States ($57.3k), Guyana ($55.4k), Grenada ($20.7k), and Saint Vincent and the Grenadines ($8.69k).

In 2023, Trinidad and Tobago imported $4.36M in Interchangeable Tool Parts, mainly from United States ($2.44M), China ($694k), Italy ($278k), Norway ($214k), and United Arab Emirates ($167k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Suriname$646k (707%)
Antigua and Barbuda$6.15k (4.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Trinidad and Tobago WERE (2022 - 2023):
Brazil-$129k (-100%)
Guyana-$106k (-65.8%)
Romania-$62.9k (-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 Interchangeable Tool Parts were:
In 2023, Trinidad and Tobago's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $152k
TOP IMPORT POTENTIALChina+ $920k

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $152k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $920k.

See methodology.

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