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2022
Flag → Flag
Exports $136MRnk 131 / 217
2022
Flag → Flag
Top Product $20.2MPackaged Medicaments
2022
Flag → Flag
Exports $95MRnk 26 / 149
2022
Flag → Flag
Top Product $84.8MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 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

India-Trinidad and Tobago Trade: In 2022, India exported $136M to Trinidad and Tobago. The main products that India exported to Trinidad and Tobago were Packaged Medicaments ($20.2M), Cars ($13.4M), and Coated Flat-Rolled Iron ($10.7M). Over the past 5 years the exports of India to Trinidad and Tobago have increased at an annualized rate of 3.23%, from $116M in 2017 to $136M in 2022.

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

Trinidad and Tobago-India Trade: In 2022, Trinidad and Tobago exported $95M to India. The main products that Trinidad and Tobago exported to India were Petroleum Gas ($84.8M), Aluminium Ore ($7.41M), and Scrap Aluminium ($683k). Over the past 5 years the exports of Trinidad and Tobago to India have increased at an annualized rate of 23.2%,  from $33.4M in 2017 to $95M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, India exported $11.9M and imported $40.6M from Trinidad and Tobago, resulting in a negative trade balance of $28.6M. Between August 2023 and August 2024 the exports of India have increased by $3.17M (36.2%) from $8.76M to $11.9M, while imports increased by $38.9M (2.27k%) from $1.71M to $40.6M.

Trade In August 2024, the top exports of India to Trinidad and Tobago were Motor Vehicle/Cars ($2.34M), Drug Formulations, Biologicals ($1.59M), Products Of Iron And Steel ($385k), Plastc Sht, Film, Plts Et ($357k), and Iron And Steel ($265k). In August 2024 the top imports of India from Trinidad and Tobago were Paper, Paper Board And Product ($13.7k), Computer Hardware, Peripherals ($4.17k), and Electronics Components ($746).

Growth In August 2024, the increase in India's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Motor Vehicle/Cars ($1.94M or 489%), Drug Formulations, Biologicals ($327k or 25.8%), and Rmg Manmade Fibres ($137k or 1.35k%). In August 2024, the increase in India'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
EXPORT GROWTH (August 2023 - August 2024)$3.17M(36.2%)
IMPORT GROWTH (August 2023 - August 2024)$38.9M(2.27k%)

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

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

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $136M to Trinidad and Tobago. The main products exported from India to Trinidad and Tobago were Packaged Medicaments ($20.2M), Cars ($13.4M), and Coated Flat-Rolled Iron ($10.7M). During the last 5 years the exports of India to Trinidad and Tobago have increased at an annualized rate of 3.23%, from $116M in 2017 to $136M in 2022.

In 2017, Trinidad and Tobago exported $95M to India. The main products exported from Trinidad and Tobago to India were Petroleum Gas ($84.8M), Aluminium Ore ($7.41M), and Scrap Aluminium ($683k). During the last 5 years the exports of Trinidad and Tobago to India have increased at an annualized rate of 23.2%, from $33.4M in 2022 to $95M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from India than Trinidad and Tobago included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Trinidad and Tobago than India included Jamaica ($430M), Guyana ($257M), and Barbados ($132M).

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

Comparative Advantage India - Trinidad and Tobago

Flow
Scale

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

During 2022, India had a large net trade with Trinidad and Tobago in the exports of Metals ($32.9M), Chemical Products ($29.1M), and Transportation ($16.6M).

During 2017, Trinidad and Tobago had a large net trade with India in the exports of Mineral Products ($92.2M), Metals ($1.85M), and Chemical Products ($308k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Trinidad and Tobago+$6.62MCars
Top Product Potential Trinidad and Tobago India+$113MPetroleum 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 India and Trinidad and Tobago. This means that a dot/product with the flag of India 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 India.

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

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