2023
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GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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 GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
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GDP GROWTH
-4.66%CURRENT US$
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2023
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GDP PC 
$12,614CURRENT US$
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2013-2023
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GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$20,016CURRENT US$
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2013-2023
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GDP PC GROWTH
-6.54%CURRENT US$
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About

China-Trinidad and Tobago Trade: In 2023, China exported $558M to Trinidad and Tobago. The main products that China exported to Trinidad and Tobago were Cars ($21.9M), Rubber Tires ($21.5M), and Air Conditioners ($16.7M). Over the past 5 years the exports of China to Trinidad and Tobago have decreased at an annualized rate of 4.54%, from $704M in 2018 to $558M in 2023.

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

Trinidad and Tobago-China Trade: In 2023, Trinidad and Tobago exported $783M to China. The main products that Trinidad and Tobago exported to China were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($542M), Petroleum Gas ($209M), and Refined Petroleum ($21.3M). Over the past 5 years the exports of Trinidad and Tobago to China have increased at an annualized rate of 16.1%,  from $371M in 2018 to $783M in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $558M to Trinidad and Tobago. The main products exported from China to Trinidad and Tobago were Cars ($21.9M), Rubber Tires ($21.5M), and Air Conditioners ($16.7M). During the last 5 years the exports of China to Trinidad and Tobago have decreased at an annualized rate of 4.54%, from $704M in 2018 to $558M in 2023.

In 2018, Trinidad and Tobago exported $783M to China. The main products exported from Trinidad and Tobago to China were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($542M), Petroleum Gas ($209M), and Refined Petroleum ($21.3M). During the last 5 years the exports of Trinidad and Tobago to China have increased at an annualized rate of 16.1%, from $371M in 2023 to $783M in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Trinidad and Tobago
Top Destination
United States$3.26B

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

In 2023, countries that imported more from China than Trinidad and Tobago included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Trinidad and Tobago than China included Barbados ($460M), Grenada ($84.7M), and Saint Vincent and the Grenadines ($40.2M).

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

Comparative Advantage China - Trinidad and Tobago

Flow
Scale

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

During 2023, China had a large net trade with Trinidad and Tobago in the exports of Machines ($122M), Metals ($99.3M), and Plastics and Rubbers ($80.8M).

During 2018, Trinidad and Tobago had a large net trade with China in the exports of Chemical Products ($542M), Mineral Products ($239M), and Metals ($1.68M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Trinidad and Tobago+$9.65MTelephones
Top Product Potential Trinidad and Tobago China+$252MPetroleum 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 China and Trinidad and Tobago. This means that a dot/product with the flag of China 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 China.

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

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