2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Trinidad and Tobago-Cuba Trade: In 2022, Trinidad and Tobago exported $27.7M to Cuba. The main products that Trinidad and Tobago exported to Cuba were Ammonia ($24.7M), Tissue ($1.7M), and Toilet Paper ($502k). Over the past 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 1.72%, from $30.2M in 2017 to $27.7M in 2022.

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

Cuba-Trinidad and Tobago Trade: In 2022, Cuba exported $29.5k to Trinidad and Tobago. The main products that Cuba exported to Trinidad and Tobago were Halogens ($12.5k), Iron Gas Containers ($6.99k), and Rolled Tobacco ($3.05k). Over the past 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 58.6%,  from $2.42M in 2017 to $29.5k in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B). 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 $27.7M to Cuba. The main products exported from Trinidad and Tobago to Cuba were Ammonia ($24.7M), Tissue ($1.7M), and Toilet Paper ($502k). During the last 5 years the exports of Trinidad and Tobago to Cuba have decreased at an annualized rate of 1.72%, from $30.2M in 2017 to $27.7M in 2022.

In 2017, Cuba exported $29.5k to Trinidad and Tobago. The main products exported from Cuba to Trinidad and Tobago were Halogens ($12.5k), Iron Gas Containers ($6.99k), and Rolled Tobacco ($3.05k). During the last 5 years the exports of Cuba to Trinidad and Tobago have decreased at an annualized rate of 58.6%, from $2.42M in 2022 to $29.5k in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Trinidad and Tobago included China ($426M), Cyprus ($31.2M), and Macau ($28.9M).

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

Comparative Advantage Trinidad and Tobago - Cuba

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Cuba in the exports of Chemical Products ($24.7M), Paper Goods ($2.2M), and Foodstuffs ($499k).

During 2017, Cuba had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($12.5k), Metals ($6.99k), and Foodstuffs ($5.31k).

Economic Complexity

Competitive Landscape

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

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

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