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Exports In 2022, Trinidad and Tobago exported $29.9k in Nitric Acids, making it the 67th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 492nd most exported product in Trinidad and Tobago. The main destination of Nitric Acids exports from Trinidad and Tobago are: Guyana ($27k), Grenada ($2.38k), and Barbados ($552).

The fastest growing export markets for Nitric Acids of Trinidad and Tobago between 2021 and 2022 were Guyana ($26.9k), Grenada ($2.08k), and Barbados ($552).

Imports In 2022, Trinidad and Tobago imported $130k in Nitric Acids, becoming the 118th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 821st most imported product in Trinidad and Tobago. Trinidad and Tobago imports Nitric Acids primarily from: United States ($60.7k), Belgium ($32.4k), Netherlands ($29.1k), India ($6.73k), and Germany ($657).

The fastest growing import markets in Nitric Acids for Trinidad and Tobago between 2021 and 2022 were United States ($46.9k), Netherlands ($29.1k), and Belgium ($9.99k).

Latest Trends

Sep 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 Nitric Acids. 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)$29.9k
IMPORTS (2022)$130k
NET TRADE (2022)-$99.9k

In 2022, Trinidad and Tobago exported $29.9k in Nitric Acids. The main destinations of Trinidad and Tobago exports on Nitric Acids were Guyana ($27k), Grenada ($2.38k), and Barbados ($552).

In 2022, Trinidad and Tobago imported $130k in Nitric Acids, mainly from United States ($60.7k), Belgium ($32.4k), Netherlands ($29.1k), India ($6.73k), and Germany ($657).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Guyana$26.9k (49.8k%)
Grenada$2.08k (714%)
Barbados$552 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Trinidad and Tobago's main exporting competitors in Nitric Acids were:
In 2022, Trinidad and Tobago's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $261
TOP IMPORT POTENTIALIndia+ $2.73k

Nitric Acids’s highest export potential is Germany. With an export gap of $261.   Nitric Acids’s highest import potential is India with an import gap of $2.73k.

See methodology.

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