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Pricing

2022
Flag → Flag
Exports $291MRnk 12 / 149
2022
Flag → Flag
Top Product $189MAmmonia
2022
Flag → Flag
Exports $46.2MRnk 63 / 185
2022
Flag → Flag
Top Product $14.6MTissue
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Trinidad and Tobago-Chile Trade: In 2022, Trinidad and Tobago exported $291M to Chile. The main products that Trinidad and Tobago exported to Chile were Ammonia ($189M), Petroleum Gas ($101M), and Hydrogen ($291k). Over the past 5 years the exports of Trinidad and Tobago to Chile have decreased at an annualized rate of 18.2%, from $793M in 2017 to $291M in 2022.

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

Chile-Trinidad and Tobago Trade: In 2022, Chile exported $46.2M to Trinidad and Tobago. The main products that Chile exported to Trinidad and Tobago were Tissue ($14.6M), Sulfate Chemical Woodpulp ($12.1M), and Wood Fiberboard ($4.79M). Over the past 5 years the exports of Chile to Trinidad and Tobago have increased at an annualized rate of 3.16%,  from $24.8M in 2017 to $46.2M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $291M to Chile. The main products exported from Trinidad and Tobago to Chile were Ammonia ($189M), Petroleum Gas ($101M), and Hydrogen ($291k). During the last 5 years the exports of Trinidad and Tobago to Chile have decreased at an annualized rate of 18.2%, from $793M in 2017 to $291M in 2022.

In 2017, Chile exported $46.2M to Trinidad and Tobago. The main products exported from Chile to Trinidad and Tobago were Tissue ($14.6M), Sulfate Chemical Woodpulp ($12.1M), and Wood Fiberboard ($4.79M). During the last 5 years the exports of Chile to Trinidad and Tobago have increased at an annualized rate of 3.16%, from $24.8M in 2022 to $46.2M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Chile Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Trinidad and Tobago than Chile included Morocco ($740M), Jamaica ($430M), and Belgium ($894M).

In 2022, countries that imported more from Chile than Trinidad and Tobago included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Trinidad and Tobago - Chile

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Chile in the exports of Chemical Products ($190M), Mineral Products ($101M), and Foodstuffs ($191k).

During 2017, Chile had a large net trade with Trinidad and Tobago in the exports of Paper Goods ($28.9M), Wood Products ($5.43M), and Foodstuffs ($5.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Chile+$151kHard Liquor
Top Product Potential Chile Trinidad and Tobago+$275kFish Fillets

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

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

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