2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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

Cuba-Trinidad and Tobago Trade: In 2022, Cuba exported $29.5k to Trinidad and Tobago. The main products that Cuba exported to Trinidad and Tobago were Halogens ($12.5k), Iron Gas Containers ($6.99k), and Rolled Tobacco ($3.05k). Over the past 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 58.6%, from $2.42M in 2017 to $29.5k in 2022.

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

Trinidad and Tobago-Cuba Trade: In 2022, Trinidad and Tobago exported $27.7M to Cuba. The main products that Trinidad and Tobago exported to Cuba were Ammonia ($24.7M), Tissue ($1.7M), and Toilet Paper ($502k). Over the past 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 1.72%,  from $30.2M in 2017 to $27.7M in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $29.5k to Trinidad and Tobago. The main products exported from Cuba to Trinidad and Tobago were Halogens ($12.5k), Iron Gas Containers ($6.99k), and Rolled Tobacco ($3.05k). During the last 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 58.6%, from $2.42M in 2017 to $29.5k in 2022.

In 2017, Trinidad and Tobago exported $27.7M to Cuba. The main products exported from Trinidad and Tobago to Cuba were Ammonia ($24.7M), Tissue ($1.7M), and Toilet Paper ($502k). During the last 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 1.72%, from $30.2M in 2022 to $27.7M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Cuba than Trinidad and Tobago included China ($426M), Cyprus ($31.2M), and Macau ($28.9M).

In 2022, countries that imported more from Trinidad and Tobago than Cuba included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

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

Comparative Advantage Cuba - Trinidad and Tobago

Flow
Scale

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

During 2022, Cuba had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($12.5k), Metals ($6.99k), and Foodstuffs ($5.31k).

During 2017, Trinidad and Tobago had a large net trade with Cuba in the exports of Chemical Products ($24.7M), Paper Goods ($2.2M), and Foodstuffs ($499k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with