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Pricing

2022
Flag → Flag
Exports $9.1MRnk 122 / 208
2022
Flag → Flag
Top Product $4.56MTwine and Rope
2022
Flag → Flag
Exports $232MRnk 16 / 149
2022
Flag → Flag
Top Product $189MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 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

Portugal-Trinidad and Tobago In 2022, Portugal exported $9.1M to Trinidad and Tobago. The main products that Portugal exported to Trinidad and Tobago are Twine and Rope ($4.56M), Uncoated Paper ($1.48M), and Shaped Paper ($360k). During the last 27 years the exports of Portugal to Trinidad and Tobago have increased at an annualized rate of 10.3%, from $643k in 1995 to $9.1M in 2022.

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

Trinidad and Tobago-Portugal In 2022, Trinidad and Tobago exported $232M to Portugal. The main products that Trinidad and Tobago exported to Portugal were Petroleum Gas ($189M), Acyclic Alcohols ($42.5M), and Centrifuges ($11.6k). During the last 27 years the exports of Trinidad and Tobago to Portugal have increased at an annualized rate of 13.8%, from $7.15M in 1995 to $232M in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58),  and 48 in total exports ($81.7B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €325k and imported €2.04M from Trinidad and Tobago, resulting in a negative trade balance of €1.71M. Between January 2023 and January 2024 the exports of Portugal have increased by €261k (405%) from €64.3k to €325k, while imports decreased by €-58.6k (-2.79%) from €2.1M to €2.04M.

Trade In January 2024, the top exports of Portugal to Trinidad and Tobago were Furniture, bedding, lamps, & prefab buildings (€24.5k), Machinery, mechanical appliances, & parts (€16.8k), Iron or steel articles (€3.86k), Ceramic products (€3.8k), and Precious stones, metals, & pearls (€3.71k). In January 2024 the top imports of Portugal from Trinidad and Tobago were Organic chemicals (€2.1M), Knitted clothing accesories (€42), Leather articles (€14), Precious stones, metals, & pearls (€6), and Live animals (€0).

Growth In January 2024, the increase in Portugal's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Perfumery & cosmetics (€575 or 898%). In January 2024, the decrease in Portugal's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in Organic chemicals (€-2.15M or -50.6%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€261k(405%)
IMPORT GROWTH (January 2023 - January 2024)€-58.6k(-2.79%)

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $9.1M to Trinidad and Tobago. The main products exported from Portugal to Trinidad and Tobago were Twine and Rope ($4.56M), Uncoated Paper ($1.48M), and Shaped Paper ($360k). During the last 27 years the exports of Portugal to Trinidad and Tobago have increased at an annualized rate of 10.3%, from $643k in 1995 to $9.1M in 2022.

In 2022, Trinidad and Tobago exported $232M to Portugal. The main products exported from Trinidad and Tobago to Portugal were Petroleum Gas ($189M), Acyclic Alcohols ($42.5M), and Centrifuges ($11.6k). During the last 27 years the exports of Trinidad and Tobago to Portugal have increased at an annualized rate of 13.8%, from $7.15M in 1995 to $232M in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2021, countries that imported more from Portugal than Trinidad and Tobago were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Trinidad and Tobago than Portugal were Jamaica ($430M), Guyana ($257M), and Chile ($291M).

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

Comparative Advantage Portugal - Trinidad and Tobago

Flow
Scale

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

During 2022, Portugal had a large net trade with Trinidad and Tobago in the exports of Textiles ($4.99M), Paper Goods ($2.01M), and Machines ($715k).

During 2022, Trinidad and Tobago had a large net trade with Portugal in the exports of Mineral Products ($189M), Chemical Products ($42.5M), and Machines ($12k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Portugal.

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

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