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2023
Flag → Flag
Exports $7.84MRnk 118 / 168
2023
Flag → Flag
Top Product $6.29MSoybean Oil
2023
Flag → Flag
Exports $127MRnk 23 / 123
2023
Flag → Flag
Top Product $122MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Argentina-Trinidad and Tobago Trade: In 2023, Argentina exported $7.84M to Trinidad and Tobago. The main products that Argentina exported to Trinidad and Tobago were Soybean Oil ($6.29M), Sawn Wood ($564k), and Dried Legumes ($492k). Over the past 5 years the exports of Argentina to Trinidad and Tobago have decreased at an annualized rate of 8.71%, from $12.4M in 2018 to $7.84M in 2023.

In 2023, Argentina did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Argentina Trade: In 2023, Trinidad and Tobago exported $127M to Argentina. The main products that Trinidad and Tobago exported to Argentina were Petroleum Gas ($122M), Nitrogenous Fertilizers ($5.07M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($43.5k). Over the past 5 years the exports of Trinidad and Tobago to Argentina have decreased at an annualized rate of 6.51%,  from $178M in 2018 to $127M in 2023.

In 2023, Trinidad and Tobago did not export any services to Argentina.

Comparison In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043),  and 50 in total exports ($68.3B). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $7.84M to Trinidad and Tobago. The main products exported from Argentina to Trinidad and Tobago were Soybean Oil ($6.29M), Sawn Wood ($564k), and Dried Legumes ($492k). During the last 5 years the exports of Argentina to Trinidad and Tobago have decreased at an annualized rate of 8.71%, from $12.4M in 2018 to $7.84M in 2023.

In 2018, Trinidad and Tobago exported $127M to Argentina. The main products exported from Trinidad and Tobago to Argentina were Petroleum Gas ($122M), Nitrogenous Fertilizers ($5.07M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($43.5k). During the last 5 years the exports of Trinidad and Tobago to Argentina have decreased at an annualized rate of 6.51%, from $178M in 2023 to $127M in 2018.

Exports from Argentina (Flag) to Trinidad and Tobago (Flag) (2023)

Exports from Trinidad and Tobago (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Trinidad and Tobago (Flag)

Argentina Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Trinidad and Tobago
Top DestinationUnited States$3.26B

This map shows whether countries import more from Argentina or Trinidad and Tobago. Each country is colored based on the difference in imports they receive from Argentina and Trinidad and Tobago or the difference in the growth in imports.

In 2023, countries that imported more from Argentina than Trinidad and Tobago included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

In 2023, countries that imported more from Trinidad and Tobago than Argentina included Guyana ($625M), Barbados ($460M), and Croatia ($245M).

Difference in imports from Trinidad and Tobago (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Trinidad and Tobago

Flow
Scale

This chart compares trade between Argentina and Trinidad and Tobago by product, considering products traded by both, Argentina and Trinidad and Tobago.

During 2023, Argentina had a large net trade with Trinidad and Tobago in the exports of Animal and Vegetable Bi-Products ($6.29M), Vegetable Products ($839k), and Wood Products ($564k).

During 2018, Trinidad and Tobago had a large net trade with Argentina in the exports of Mineral Products ($122M), Chemical Products ($5.11M), and Machines ($28.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Trinidad and Tobago+$4.12kRefined Petroleum
Top Product Potential Trinidad and Tobago Argentina+$6.35kPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Trinidad and Tobago. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Trinidad and Tobago (Flag) (2023)

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