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2023
Exports $3.67BWorld Rnk 23 / 163
Flag Rnk 1 / 945
2023
Destination $219M United States
2022 - 2023
FASTEST GROWING MARKET $219MCroatia
2023
PRODUCT COMPLEXITY IN Petroleum Gas-2.01Rnk 998 / 1025
2023
Imports $188kWorld Rnk 192 / 220
Flag Rnk 700 / 1056
2023
Origin $9.51k United States
2022 - 2023
FASTEST GROWING ORIGIN $9.51kUnited Kingdom

About

Exports In 2023, Trinidad and Tobago exported $3.67B in Petroleum Gas, making it the 23rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 1st most exported product in Trinidad and Tobago. The main destination of Petroleum Gas exports from Trinidad and Tobago are: United States ($539M), Chile ($534M), France ($267M), United Kingdom ($265M), and Netherlands ($249M).

The fastest growing export markets for Petroleum Gas of Trinidad and Tobago between 2022 and 2023 were Croatia ($219M), China ($138M), and Chile ($135M).

Imports In 2023, Trinidad and Tobago imported $188k in Petroleum Gas, becoming the 192nd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 700th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Petroleum Gas primarily from: United States ($174k), United Kingdom ($10.8k), China ($2.32k), and France ($456).

The fastest growing import markets in Petroleum Gas for Trinidad and Tobago between 2022 and 2023 were United Kingdom ($9.51k).

Latest Trends

Dec 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 Petroleum Gas. 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)$3.67B
IMPORTS (2023)$188k
NET TRADE (2023)$3.67B

In 2023, Trinidad and Tobago exported $3.67B in Petroleum Gas. The main destinations of Trinidad and Tobago exports on Petroleum Gas were United States ($539M), Chile ($534M), France ($267M), United Kingdom ($265M), and Netherlands ($249M).

In 2023, Trinidad and Tobago imported $188k in Petroleum Gas, mainly from United States ($174k), United Kingdom ($10.8k), China ($2.32k), and France ($456).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Croatia$219M (838%)
China$138M (194%)
Chile$135M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Trinidad and Tobago WERE (2022 - 2023):
Portugal-$639M (-86.6%)
United States-$447M (-45.3%)
Spain-$374M (-71.2%)
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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 Petroleum Gas were:
United States $83.2B
Qatar $71.1B
Norway $70.8B
In 2023, Trinidad and Tobago's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $531M
TOP IMPORT POTENTIALUnited States+ $454k

Petroleum Gas’s highest export potential is United States. With an export gap of $531M.   Petroleum Gas’s highest import potential is United States with an import gap of $454k.

See methodology.

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