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2022
Exports $1.09MWorld Rnk 101 / 202
Flag Rnk 124 / 925
2022
Destination $238k Guyana
2021 - 2022
FASTEST GROWING MARKET $238kGuyana
2022
PRODUCT COMPLEXITY IN Soap-1.11Rnk 858 / 1025
2022
Imports $11.6MWorld Rnk 125 / 223
Flag Rnk 123 / 1146
2022
Origin $799k United States
2021 - 2022
FASTEST GROWING ORIGIN $799kUnited States

About

Exports In 2022, Trinidad and Tobago exported $1.09M in Soap, making it the 101st largest exporter of Soap in the world. At the same year, Soap was the 124th most exported product in Trinidad and Tobago. The main destination of Soap exports from Trinidad and Tobago are: Guyana ($347k), Saint Lucia ($227k), Barbados ($149k), Saint Vincent and the Grenadines ($111k), and Suriname ($91.6k).

The fastest growing export markets for Soap of Trinidad and Tobago between 2021 and 2022 were Guyana ($238k), Saint Lucia ($99.9k), and Suriname ($16.2k).

Imports In 2022, Trinidad and Tobago imported $11.6M in Soap, becoming the 125th largest importer of Soap in the world. At the same year, Soap was the 123rd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Soap primarily from: United States ($4.74M), Guatemala ($1.55M), Mexico ($1.11M), Turkey ($945k), and Indonesia ($799k).

The fastest growing import markets in Soap for Trinidad and Tobago between 2021 and 2022 were United States ($799k), Turkey ($520k), and Indonesia ($366k).

Latest Trends

Oct 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 Soap. 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)$1.09M
IMPORTS (2022)$11.6M
NET TRADE (2022)-$10.5M

In 2022, Trinidad and Tobago exported $1.09M in Soap. The main destinations of Trinidad and Tobago exports on Soap were Guyana ($347k), Saint Lucia ($227k), Barbados ($149k), Saint Vincent and the Grenadines ($111k), and Suriname ($91.6k).

In 2022, Trinidad and Tobago imported $11.6M in Soap, mainly from United States ($4.74M), Guatemala ($1.55M), Mexico ($1.11M), Turkey ($945k), and Indonesia ($799k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Guyana$238k (217%)
Saint Lucia$99.9k (78.6%)
Suriname$16.2k (21.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Trinidad and Tobago WERE (2021 - 2022):
Barbados-$122k (-44.8%)
Dominican Republic-$52.2k (-98.1%)
Antigua and Barbuda-$37.2k (-38.4%)
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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 Soap were:
Indonesia $860M
China $841M
Germany $664M
In 2022, Trinidad and Tobago's main importing competitors in Soap were:
United States $730M
Germany $489M
Canada $321M

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $5.47k
TOP IMPORT POTENTIALChina+ $358k

Soap’s highest export potential is Canada. With an export gap of $5.47k.   Soap’s highest import potential is China with an import gap of $358k.

See methodology.

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