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2022
Flag → Flag
Exports $497MRnk 5 / 149
2022
Flag → Flag
Top Product $310MAmmonia
2022
Flag → Flag
Exports $314MRnk 77 / 223
2022
Flag → Flag
Top Product $181MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 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$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Trinidad and Tobago-Brazil Trade: In 2022, Trinidad and Tobago exported $497M to Brazil. The main products that Trinidad and Tobago exported to Brazil were Ammonia ($310M), Acyclic Alcohols ($146M), and Petroleum Gas ($33.9M). Over the past 5 years the exports of Trinidad and Tobago to Brazil have increased at an annualized rate of 21.5%, from $188M in 2017 to $497M in 2022.

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

Brazil-Trinidad and Tobago Trade: In 2022, Brazil exported $314M to Trinidad and Tobago. The main products that Brazil exported to Trinidad and Tobago were Iron Ore ($181M), Glazed Ceramics ($14.9M), and Uncoated Paper ($9.44M). Over the past 5 years the exports of Brazil to Trinidad and Tobago have decreased at an annualized rate of 8.78%,  from $545M in 2017 to $314M in 2022.

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

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $497M to Brazil. The main products exported from Trinidad and Tobago to Brazil were Ammonia ($310M), Acyclic Alcohols ($146M), and Petroleum Gas ($33.9M). During the last 5 years the exports of Trinidad and Tobago to Brazil have increased at an annualized rate of 21.5%, from $188M in 2017 to $497M in 2022.

In 2017, Brazil exported $314M to Trinidad and Tobago. The main products exported from Brazil to Trinidad and Tobago were Iron Ore ($181M), Glazed Ceramics ($14.9M), and Uncoated Paper ($9.44M). During the last 5 years the exports of Brazil to Trinidad and Tobago have decreased at an annualized rate of 8.78%, from $545M in 2022 to $314M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Brazil Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Trinidad and Tobago than Brazil included Barbados ($132M), Suriname ($115M), and Jamaica ($430M).

In 2022, countries that imported more from Brazil than Trinidad and Tobago included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Trinidad and Tobago - Brazil

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Brazil in the exports of Chemical Products ($457M), Mineral Products ($34M), and Stone And Glass ($4.8M).

During 2017, Brazil had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($184M), Foodstuffs ($26.8M), and Paper Goods ($22.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Brazil+$49.6MPetroleum Gas
Top Product Potential Brazil Trinidad and Tobago+$3.15MRaw Sugar

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

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

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