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Pricing

2023
Flag → Flag
Exports $724kRnk 65 / 123
2023
Flag → Flag
Top Product $489kHard Liquor
2023
Flag → Flag
Exports $13.5MRnk 158 / 216
2023
Flag → Flag
Top Product $2.35MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Trinidad and Tobago-United Arab Emirates Trade: In 2023, Trinidad and Tobago exported $724k to United Arab Emirates. The main products that Trinidad and Tobago exported to United Arab Emirates were Hard Liquor ($489k), Valves ($86.7k), and Beauty Products ($65.2k). Over the past 5 years the exports of Trinidad and Tobago to United Arab Emirates have decreased at an annualized rate of 7.07%, from $1.04M in 2018 to $724k in 2023.

In 2023, Trinidad and Tobago did not export any services to United Arab Emirates.

United Arab Emirates-Trinidad and Tobago Trade: In 2023, United Arab Emirates exported $13.5M to Trinidad and Tobago. The main products that United Arab Emirates exported to Trinidad and Tobago were Rolled Tobacco ($2.35M), Raw Aluminium ($1.32M), and Refined Petroleum ($892k). Over the past 5 years the exports of United Arab Emirates to Trinidad and Tobago have decreased at an annualized rate of 12.2%,  from $26M in 2018 to $13.5M in 2023.

In 2023, United Arab Emirates did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $724k to United Arab Emirates. The main products exported from Trinidad and Tobago to United Arab Emirates were Hard Liquor ($489k), Valves ($86.7k), and Beauty Products ($65.2k). During the last 5 years the exports of Trinidad and Tobago to United Arab Emirates have decreased at an annualized rate of 7.07%, from $1.04M in 2018 to $724k in 2023.

In 2018, United Arab Emirates exported $13.5M to Trinidad and Tobago. The main products exported from United Arab Emirates to Trinidad and Tobago were Rolled Tobacco ($2.35M), Raw Aluminium ($1.32M), and Refined Petroleum ($892k). During the last 5 years the exports of United Arab Emirates to Trinidad and Tobago have decreased at an annualized rate of 12.2%, from $26M in 2023 to $13.5M in 2018.

Exports from Trinidad and Tobago (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

Trade between Trinidad and Tobago (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
United Arab Emirates
Top DestinationChina$40.2B

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

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

In 2023, countries that imported more from United Arab Emirates than Trinidad and Tobago included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - United Arab Emirates

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with United Arab Emirates in the exports of Foodstuffs ($501k), Machines ($100k), and Chemical Products ($86.8k).

During 2018, United Arab Emirates had a large net trade with Trinidad and Tobago in the exports of Machines ($3.05M), Metals ($2.96M), and Foodstuffs ($2.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago United Arab Emirates+$327kHard Liquor
Top Product Potential United Arab Emirates Trinidad and Tobago+$1.92MRefined Petroleum

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 Trinidad and Tobago and United Arab Emirates. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and United Arab Emirates (Flag) (2023)

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