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-Curaçao Trade: In 2022, Trinidad and Tobago exported $3.34M to Curaçao. The main products that Trinidad and Tobago exported to Curaçao were Margarine ($708k), Flavored Water ($491k), and Prepared Cereals ($411k). Over the past 5 years the exports of Trinidad and Tobago to Curaçao have decreased at an annualized rate of 42.4%, from $52.7M in 2017 to $3.34M in 2022.

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

Curaçao-Trinidad and Tobago Trade: In 2022, Curaçao exported $1.3M to Trinidad and Tobago. The main products that Curaçao exported to Trinidad and Tobago were Carbonates ($310k), Packaged Medicaments ($264k), and Low-voltage Protection Equipment ($94.8k). Over the past 5 years the exports of Curaçao to Trinidad and Tobago have decreased at an annualized rate of 5.46%,  from $1.73M in 2017 to $1.3M in 2022.

In 2022, Curaçao 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, Curaçao ranked 181 in total exports ($255M). 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 $3.34M to Curaçao. The main products exported from Trinidad and Tobago to Curaçao were Margarine ($708k), Flavored Water ($491k), and Prepared Cereals ($411k). During the last 5 years the exports of Trinidad and Tobago to Curaçao have decreased at an annualized rate of 42.4%, from $52.7M in 2017 to $3.34M in 2022.

In 2017, Curaçao exported $1.3M to Trinidad and Tobago. The main products exported from Curaçao to Trinidad and Tobago were Carbonates ($310k), Packaged Medicaments ($264k), and Low-voltage Protection Equipment ($94.8k). During the last 5 years the exports of Curaçao to Trinidad and Tobago have decreased at an annualized rate of 5.46%, from $1.73M in 2022 to $1.3M in 2017.

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

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

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Curaçao
Top Destination
United States$43.3M

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

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

In 2022, countries that imported more from Curaçao than Trinidad and Tobago included Costa Rica ($40.8M), Guatemala ($18.2M), and Aruba ($15.7M).

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

Comparative Advantage Trinidad and Tobago - Curaçao

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Curaçao in the exports of Foodstuffs ($1.34M), Animal and Vegetable Bi-Products ($708k), and Paper Goods ($432k).

During 2017, Curaçao had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($597k), Textiles ($370k), and Machines ($265k).

Economic Complexity

Competitive Landscape

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

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

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