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Pricing

2023
Flag → Flag
Exports $12.5MRnk 101 / 205
2023
Flag → Flag
Top Product $2.47MDried/Salted/Smoked/Brined Fish
2023
Flag → Flag
Exports $60.3MRnk 33 / 123
2023
Flag → Flag
Top Product $59.7MAmmonia
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Norway-Trinidad and Tobago Trade: In 2023, Norway exported $12.5M to Trinidad and Tobago. The main products that Norway exported to Trinidad and Tobago were Dried/Salted/Smoked/Brined Fish ($2.47M), Engine Parts ($1.03M), and Machinery Having Individual Functions ($673k). Over the past 5 years the exports of Norway to Trinidad and Tobago have increased at an annualized rate of 5.31%, from $9.62M in 2018 to $12.5M in 2023.

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

Trinidad and Tobago-Norway Trade: In 2023, Trinidad and Tobago exported $60.3M to Norway. The main products that Trinidad and Tobago exported to Norway were Ammonia ($59.7M), Valves ($192k), and Liquid Dispersing Machines ($132k). Over the past 5 years the exports of Trinidad and Tobago to Norway have increased at an annualized rate of 23.3%,  from $13.9M in 2018 to $60.3M in 2023.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK10.4M and imported NOK32.5M from Trinidad and Tobago, resulting in a negative trade balance of NOK22.1M. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-12.6M (-54.9%) from NOK22.9M to NOK10.4M, while imports decreased by NOK-62.3M (-65.7%) from NOK94.8M to NOK32.5M.

Trade In January 2025, the top exports of Norway to Trinidad and Tobago were Professional, scientific and controlling instruments and... (NOK6.37M), General industrial machinery and equipment, n.e.s.,... (NOK4.61M), Fish (not marine mammals), crustaceans, molluscs... (NOK4.15M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK2.64M), and Power-generating machinery and equipment (NOK1.5M). In January 2025 the top imports of Norway from Trinidad and Tobago were Inorganic chemicals (NOK94.7M), Organic chemicals (NOK32k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK5k), Articles of apparel and clothing accessories (NOK1k), and Live animals other than animals of... (NOK0).

Growth In January 2025, the decrease in Norway's year-by-year exports to Trinidad and Tobago was explained primarily by an decrease in product exports in Manufactures of metals, n.e.s. (NOK-1.41M or -61.8%), Machinery specialized for particular industries (NOK-1.02M or -87%), and Power-generating machinery and equipment (NOK-994k or -39.9%). In January 2025, the decrease in Norway's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in General industrial machinery and equipment, n.e.s.,... (NOK-1.56M or -100%), Office machines and automatic data-processing machines (NOK-23k or -100%), and Manufactures of metals, n.e.s. (NOK-5k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK-12.6M(-54.9%)
IMPORT GROWTH (January 2024 - January 2025)NOK-62.3M(-65.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $12.5M to Trinidad and Tobago. The main products exported from Norway to Trinidad and Tobago were Dried/Salted/Smoked/Brined Fish ($2.47M), Engine Parts ($1.03M), and Machinery Having Individual Functions ($673k). During the last 5 years the exports of Norway to Trinidad and Tobago have increased at an annualized rate of 5.31%, from $9.62M in 2018 to $12.5M in 2023.

In 2018, Trinidad and Tobago exported $60.3M to Norway. The main products exported from Trinidad and Tobago to Norway were Ammonia ($59.7M), Valves ($192k), and Liquid Dispersing Machines ($132k). During the last 5 years the exports of Trinidad and Tobago to Norway have increased at an annualized rate of 23.3%, from $13.9M in 2023 to $60.3M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Trinidad and Tobago
Top DestinationUnited States$3.26B

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

In 2023, countries that imported more from Norway than Trinidad and Tobago included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Trinidad and Tobago than Norway included Guyana ($625M), Barbados ($460M), and Chile ($605M).

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

Comparative Advantage Norway - Trinidad and Tobago

Flow
Scale

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

During 2023, Norway had a large net trade with Trinidad and Tobago in the exports of Machines ($7.07M), Animal Products ($2.47M), and Instruments ($1.22M).

During 2018, Trinidad and Tobago had a large net trade with Norway in the exports of Chemical Products ($59.7M), Machines ($461k), and Foodstuffs ($87k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Trinidad and Tobago+$220kExcavation Machinery
Top Product Potential Trinidad and Tobago Norway+$4.38MAmmonia

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

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

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