Georgia (GEO) and Trinidad and Tobago (TTO) Trade | The Observatory of Economic Complexity

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Georgia-Trinidad and Tobago Trade: In 2022, Georgia exported $4.93k to Trinidad and Tobago. The main products that Georgia exported to Trinidad and Tobago were Other Iron Products ($3.01k), Confectionery Sugar ($1.53k), and Knit Men's Suits ($393). Over the past 5 years the exports of Georgia to Trinidad and Tobago have decreased at an annualized rate of 16.8%, from $12.4k in 2017 to $4.93k in 2022.

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

Trinidad and Tobago-Georgia In N/A, Trinidad and Tobago did not export any products to Georgia.

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

Comparison In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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, Georgia exported $4.93k to Trinidad and Tobago. The main products exported from Georgia to Trinidad and Tobago were Other Iron Products ($3.01k), Confectionery Sugar ($1.53k), and Knit Men's Suits ($393). During the last 5 years the exports of Georgia to Trinidad and Tobago have decreased at an annualized rate of 16.8%, from $12.4k in 2017 to $4.93k in 2022.

Trinidad and Tobago does not register exports to Georgia.

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

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

Latest Data

Trade between Georgia () and Trinidad and Tobago ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Georgia than Trinidad and Tobago included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

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

Comparative Advantage Georgia - Trinidad and Tobago

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Trinidad and Tobago in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Trinidad and Tobago+$2.15kRefined Petroleum

Top Product Potential Trinidad and Tobago Georgia+$3.38kPetroleum 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Georgia () and Trinidad and Tobago ()

Georgia Exports

Market Competitiveness

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

Comparative Advantage Georgia - Trinidad and Tobago

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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