Switzerland (CHE) and Trinidad and Tobago (TTO) Trade | The Observatory of Economic Complexity

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Switzerland-Trinidad and Tobago Trade: In 2022, Switzerland exported $16M to Trinidad and Tobago. The main products that Switzerland exported to Trinidad and Tobago were Vaccines, blood, antisera, toxins and cultures ($4.21M), Packaged Medicaments ($3.4M), and Industrial Food Preperation Machinery ($786k). Over the past 5 years the exports of Switzerland to Trinidad and Tobago have increased at an annualized rate of 3.63%, from $13.4M in 2017 to $16M in 2022.

In 2022, Switzerland did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Switzerland Trade: In 2022, Trinidad and Tobago exported $15M to Switzerland. The main products that Trinidad and Tobago exported to Switzerland were Ammonia ($14.4M), Cocoa Beans ($271k), and Hard Liquor ($134k). Over the past 5 years the exports of Trinidad and Tobago to Switzerland have decreased at an annualized rate of 14%, from $32M in 2017 to $15M in 2022.

In 2022, Trinidad and Tobago did not export any services to Switzerland.

Comparison In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $16M to Trinidad and Tobago. The main products exported from Switzerland to Trinidad and Tobago were Vaccines, blood, antisera, toxins and cultures ($4.21M), Packaged Medicaments ($3.4M), and Industrial Food Preperation Machinery ($786k). During the last 5 years the exports of Switzerland to Trinidad and Tobago have increased at an annualized rate of 3.63%, from $13.4M in 2017 to $16M in 2022.

In 2017, Trinidad and Tobago exported $15M to Switzerland. The main products exported from Trinidad and Tobago to Switzerland were Ammonia ($14.4M), Cocoa Beans ($271k), and Hard Liquor ($134k). During the last 5 years the exports of Trinidad and Tobago to Switzerland have decreased at an annualized rate of 14%, from $32M in 2022 to $15M in 2017.

Exports from Switzerland () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Trinidad and Tobago ()

Switzerland Exports

Date

Trinidad and Tobago Exports

Date

Mar 2010

Jan 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Switzerland than Trinidad and Tobago included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Trinidad and Tobago than Switzerland included Jamaica ($430M), Morocco ($740M), and Guyana ($257M).

Difference in imports from Trinidad and Tobago () and Switzerland () (2022)

Comparative Advantage Switzerland - Trinidad and Tobago

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($8.64M), Machines ($4.19M), and Instruments ($772k).

During 2017, Trinidad and Tobago had a large net trade with Switzerland in the exports of Chemical Products ($14.5M), Foodstuffs ($492k), and Mineral Products ($53k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Trinidad and Tobago+$1.9MPackaged Medicaments

Top Product Potential Trinidad and Tobago Switzerland+$358kAcyclic Alcohols

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

Year

This visualization shows the product space at the HS4 level with the flags of Switzerland and Trinidad and Tobago. This means that a dot/product with the flag of Switzerland 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 Switzerland.

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Trinidad and Tobago ()

Switzerland Exports

Trinidad and Tobago Exports

Market Competitiveness

Difference in imports from Trinidad and Tobago () and Switzerland () (2022)

Comparative Advantage Switzerland - Trinidad and Tobago

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Trinidad and Tobago () (2022)

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