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2022
Flag → Flag
Exports $46.2MRnk 63 / 185
2022
Flag → Flag
Top Product $14.6MTissue
2022
Flag → Flag
Exports $291MRnk 12 / 149
2022
Flag → Flag
Top Product $189MAmmonia
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Chile-Trinidad and Tobago Trade: In 2022, Chile exported $46.2M to Trinidad and Tobago. The main products that Chile exported to Trinidad and Tobago were Tissue ($14.6M), Sulfate Chemical Woodpulp ($12.1M), and Wood Fiberboard ($4.79M). Over the past 5 years the exports of Chile to Trinidad and Tobago have increased at an annualized rate of 13.2%, from $24.8M in 2017 to $46.2M in 2022.

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

Trinidad and Tobago-Chile Trade: In 2022, Trinidad and Tobago exported $291M to Chile. The main products that Trinidad and Tobago exported to Chile were Ammonia ($189M), Petroleum Gas ($101M), and Hydrogen ($291k). Over the past 5 years the exports of Trinidad and Tobago to Chile have decreased at an annualized rate of 18.2%,  from $793M in 2017 to $291M in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $2.5M and imported $1.37M from Trinidad and Tobago, resulting in a positive trade balance of $1.13M. Between July 2023 and July 2024 the exports of Chile have increased by $1.42M (131%) from $1.08M to $2.5M, while imports increased by $1.18M (612%) from $192k to $1.37M.

Trade In July 2024, the top exports of Chile to Trinidad and Tobago were Sulfate Chemical Woodpulp ($1.92M), Wood Fiberboard ($347k), Malt Extract ($324k), Processed Tomatoes ($212k), and Fruit Juice ($112k). In July 2024 the top imports of Chile from Trinidad and Tobago were Centrifuges ($5.42k) and Video Displays ($3.2k).

Origins In July 2024 the exports of Chile were mainly from Santiago ($1.29M), Las Condes ($494k), Puerto Varas ($244k), San Bernardo ($182k), and Macul ($98.8k), while imports destinations were mainly N/A.

Growth In July 2024, the increase in Chile's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Sulfate Chemical Woodpulp ($724k or 60.5%), Malt Extract ($269k or 497%), and Wood Fiberboard ($170k or 95.7%). In May 2024, the increase in Chile's year-by-year imports  from Trinidad and Tobago was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$1.42M(131%)
IMPORT GROWTH (May 2023 - May 2024)$1.18M(612%)
MAIN EXPORTER (July 2024)Santiago$1.29M

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Trinidad and Tobago and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $46.2M to Trinidad and Tobago. The main products exported from Chile to Trinidad and Tobago were Tissue ($14.6M), Sulfate Chemical Woodpulp ($12.1M), and Wood Fiberboard ($4.79M). During the last 5 years the exports of Chile to Trinidad and Tobago have increased at an annualized rate of 13.2%, from $24.8M in 2017 to $46.2M in 2022.

In 2017, Trinidad and Tobago exported $291M to Chile. The main products exported from Trinidad and Tobago to Chile were Ammonia ($189M), Petroleum Gas ($101M), and Hydrogen ($291k). During the last 5 years the exports of Trinidad and Tobago to Chile have decreased at an annualized rate of 18.2%, from $793M in 2022 to $291M in 2017.

Exports from Chile (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Chile than Trinidad and Tobago included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Trinidad and Tobago than Chile included Morocco ($740M), Jamaica ($430M), and Belgium ($894M).

Difference in imports from Trinidad and Tobago (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - Trinidad and Tobago

Flow
Scale

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

During 2022, Chile had a large net trade with Trinidad and Tobago in the exports of Paper Goods ($28.9M), Wood Products ($5.43M), and Foodstuffs ($5.13M).

During 2017, Trinidad and Tobago had a large net trade with Chile in the exports of Chemical Products ($190M), Mineral Products ($101M), and Foodstuffs ($191k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Trinidad and Tobago+$275kFish Fillets
Top Product Potential Trinidad and Tobago Chile+$151kHard Liquor

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 Chile and Trinidad and Tobago. This means that a dot/product with the flag of Chile 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 Chile.

Product Space of Chile (Flag) and Trinidad and Tobago (Flag) (2022)

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