2021
Exports | Imports
$59.7M | $480MWorld Rnk 34 / 130
Flag Rnk 11 / 983
World Rnk 34 / 129
Flag Rnk 2 / 1138
2021
PRODUCT COMPLEXITY IN Iron Ore
-1.83Rnk 982 / 1024

About

Exports In 2021, Trinidad and Tobago exported $59.7M in Iron Ore, making it the 34th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 11th most exported product in Trinidad and Tobago. The main destination of Iron Ore exports from Trinidad and Tobago are: China ($59.7M).

The fastest growing export markets for Iron Ore of Trinidad and Tobago between 2020 and 2021 were China ($59M).

Imports In 2021, Trinidad and Tobago imported $480M in Iron Ore, becoming the 34th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 2nd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Iron Ore primarily from: Brazil ($187M), Canada ($157M), United States ($99.1M), Oman ($21.1M), and Bahrain ($13.1M).

The fastest growing import markets in Iron Ore for Trinidad and Tobago between 2020 and 2021 were United States ($92.4M), Canada ($78.2M), and Brazil ($72.4M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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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 Iron Ore. 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 (2021)$59.7M
IMPORTS (2021)$480M
NET TRADE (2021)-$421M

In 2021, Trinidad and Tobago exported $59.7M in Iron Ore. The main destinations of Trinidad and Tobago exports on Iron Ore were China ($59.7M).

In 2021, Trinidad and Tobago imported $480M in Iron Ore, mainly from Brazil ($187M), Canada ($157M), United States ($99.1M), Oman ($21.1M), and Bahrain ($13.1M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Trinidad and Tobago WERE (2020 - 2021):China$59M (8.44k%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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In 2021, Trinidad and Tobago's main exporting competitors in Iron Ore were:
In 2021, Trinidad and Tobago's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

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