Trinidad and Tobago (TTO) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Belarus Trade: In 2021, Trinidad and Tobago exported $118k to Belarus. The main products that Trinidad and Tobago exported to Belarus were N/A. Over the past 5 years the exports of Trinidad and Tobago to Belarus have decreased at an annualized rate of 5.23%, from $155k in 2016 to $118k in 2021.

In 2021, Trinidad and Tobago did not export any services to Belarus.

Belarus-Trinidad and Tobago Trade: In 2021, Belarus exported $1.45k to Trinidad and Tobago. The main products that Belarus exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Belarus to Trinidad and Tobago have decreased at an annualized rate of 38.6%, from $44.1k in 2016 to $1.45k in 2021.

In 2014, Belarus exported services to Trinidad and Tobago worth $0, with being the largest in terms of value.

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, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Trinidad and Tobago exported $118k to Belarus. There were not main exports from Trinidad and Tobago to Belarus in 2021. During the last 5 years the exports of Trinidad and Tobago to Belarus have decreased at an annualized rate of 5.23%, from $155k in 2016 to $118k in 2021.

In 2017, Belarus exported $1.45k to Trinidad and Tobago. There were not main exports from Belarus to Trinidad and Tobago in 2017. During the last 5 years the exports of Belarus to Trinidad and Tobago have decreased at an annualized rate of 38.6%, from $44.1k in 2022 to $1.45k in 2017.

Exports from Trinidad and Tobago () to Belarus () (2022)

Exports from Belarus () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Belarus ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$3.26B

Belarus
Top DestinationChina$2.6B

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

In 2023, countries that imported more from Trinidad and Tobago than Belarus included United States ($3.26B), Guyana ($625M), and Chile ($605M).

In 2023, countries that imported more from Belarus than Trinidad and Tobago included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

Difference in imports from Belarus () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Trinidad and Tobago had a large net trade with Belarus in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Belarus+$2.48kCrude Petroleum

Top Product Potential Belarus Trinidad and Tobago+$2.07kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and Belarus. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Trinidad and Tobago.

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Belarus () (2022)

Exports from Belarus () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Belarus ()

Belarus Exports

Market Competitiveness

Difference in imports from Belarus () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Belarus () (2022)

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