2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 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
$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195

About

Trinidad and Tobago-Bosnia and Herzegovina Trade: In 2023, Trinidad and Tobago exported $33.1k to Bosnia and Herzegovina. The main products that Trinidad and Tobago exported to Bosnia and Herzegovina were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($19.5k), Hard Liquor ($13.5k), and Motor vehicles; parts and accessories (8701 to 8705) ($136). Over the past 5 years the exports of Trinidad and Tobago to Bosnia and Herzegovina have increased at an annualized rate of 27.8%, from $9.72k in 2018 to $33.1k in 2023.

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

Bosnia and Herzegovina-Trinidad and Tobago Trade: In 2023, Bosnia and Herzegovina exported $50.7k to Trinidad and Tobago. The main products that Bosnia and Herzegovina exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Trinidad and Tobago have increased at an annualized rate of 48.2%,  from $7.11k in 2018 to $50.7k in 2023.

In 2023, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $33.1k to Bosnia and Herzegovina. The main products exported from Trinidad and Tobago to Bosnia and Herzegovina were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($19.5k), Hard Liquor ($13.5k), and Motor vehicles; parts and accessories (8701 to 8705) ($136). During the last 5 years the exports of Trinidad and Tobago to Bosnia and Herzegovina have increased at an annualized rate of 27.8%, from $9.72k in 2018 to $33.1k in 2023.

In 2017, Bosnia and Herzegovina exported $50.7k to Trinidad and Tobago. There were not main exports from Bosnia and Herzegovina to Trinidad and Tobago in 2017. During the last 5 years the exports of Bosnia and Herzegovina to Trinidad and Tobago have increased at an annualized rate of 48.2%, from $7.11k in 2022 to $50.7k in 2017.

Exports from Trinidad and Tobago (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Trinidad and Tobago (Flag) (2023)

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Bosnia and Herzegovina
Top Destination
Germany$1.48B

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

In 2023, countries that imported more from Trinidad and Tobago than Bosnia and Herzegovina included United States ($3.26B), China ($783M), and Guyana ($625M).

In 2023, countries that imported more from Bosnia and Herzegovina than Trinidad and Tobago included Germany ($1.48B), Serbia ($1.18B), and Croatia ($1.39B).

Difference in imports from Bosnia and Herzegovina (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($19.5k), Foodstuffs ($13.5k), and Transportation ($136).

During 2017, Bosnia and Herzegovina had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Bosnia and Herzegovina+$18kHard Liquor
Top Product Potential Bosnia and Herzegovina Trinidad and Tobago+$1.88kRefined 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 Bosnia and Herzegovina. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Bosnia and Herzegovina (Flag) (2023)

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