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2022
Flag → Flag
Exports $950kRnk 79 / 149
2022
Flag → Flag
Top Product $565kFlavored Water
2022
Flag → Flag
Exports $14kRnk 50 / 89
2022
Flag → Flag
Top Product $8.82kOther Furniture
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Trinidad and Tobago-Bermuda Trade: In 2022, Trinidad and Tobago exported $950k to Bermuda. The main products that Trinidad and Tobago exported to Bermuda were Flavored Water ($565k), Hard Liquor ($124k), and Chocolate ($59.3k). Over the past 5 years the exports of Trinidad and Tobago to Bermuda have decreased at an annualized rate of 16.7%, from $2.37M in 2017 to $950k in 2022.

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

Bermuda-Trinidad and Tobago Trade: In 2022, Bermuda exported $14k to Trinidad and Tobago. The main products that Bermuda exported to Trinidad and Tobago were Other Furniture ($8.82k), Non-Knit Women's Suits ($4.52k), and Vaccines, blood, antisera, toxins and cultures ($480). Over the past 5 years the exports of Bermuda to Trinidad and Tobago have decreased at an annualized rate of 23.7%,  from $54.2k in 2017 to $14k in 2022.

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

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $950k to Bermuda. The main products exported from Trinidad and Tobago to Bermuda were Flavored Water ($565k), Hard Liquor ($124k), and Chocolate ($59.3k). During the last 5 years the exports of Trinidad and Tobago to Bermuda have decreased at an annualized rate of 16.7%, from $2.37M in 2017 to $950k in 2022.

In 2017, Bermuda exported $14k to Trinidad and Tobago. The main products exported from Bermuda to Trinidad and Tobago were Other Furniture ($8.82k), Non-Knit Women's Suits ($4.52k), and Vaccines, blood, antisera, toxins and cultures ($480). During the last 5 years the exports of Bermuda to Trinidad and Tobago have decreased at an annualized rate of 23.7%, from $54.2k in 2022 to $14k in 2017.

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

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

Latest Data

Trade between Trinidad and Tobago (Flag) and Bermuda (Flag)

Trinidad and Tobago Exports

Date

Bermuda Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Trinidad and Tobago than Bermuda included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Bermuda than Trinidad and Tobago included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Trinidad and Tobago - Bermuda

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Bermuda in the exports of Foodstuffs ($836k), Plastics and Rubbers ($31.8k), and Vegetable Products ($21.1k).

During 2017, Bermuda had a large net trade with Trinidad and Tobago in the exports of Miscellaneous ($8.82k), Textiles ($4.52k), and Chemical Products ($480).

Economic Complexity

Competitive Landscape

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

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

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