2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Trinidad and Tobago-Denmark In 2022, Trinidad and Tobago exported $4.39M to Denmark. The main products that Trinidad and Tobago exported to Denmark are Excavation Machinery ($1.98M), Motor vehicles; parts and accessories (8701 to 8705) ($625k), and Transmissions ($448k). During the last 27 years the exports of Trinidad and Tobago to Denmark have increased at an annualized rate of 9.33%, from $395k in 1995 to $4.39M in 2022.

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

Denmark-Trinidad and Tobago In 2022, Denmark exported $24.1M to Trinidad and Tobago. The main products that Denmark exported to Trinidad and Tobago were Reaction and Catalytic Products ($5.5M), Concentrated Milk ($4.16M), and Malt ($3.21M). During the last 27 years the exports of Denmark to Trinidad and Tobago have increased at an annualized rate of 8.33%, from $2.78M in 1995 to $24.1M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $4.39M to Denmark. The main products exported from Trinidad and Tobago to Denmark were Excavation Machinery ($1.98M), Motor vehicles; parts and accessories (8701 to 8705) ($625k), and Transmissions ($448k). During the last 27 years the exports of Trinidad and Tobago to Denmark have increased at an annualized rate of 9.33%, from $395k in 1995 to $4.39M in 2022.

In 2022, Denmark exported $24.1M to Trinidad and Tobago. The main products exported from Denmark to Trinidad and Tobago were Reaction and Catalytic Products ($5.5M), Concentrated Milk ($4.16M), and Malt ($3.21M). During the last 27 years the exports of Denmark to Trinidad and Tobago have increased at an annualized rate of 8.33%, from $2.78M in 1995 to $24.1M in 2022.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Denmark
Top Destination
Germany$18.9B

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

In 2021, countries that imported more from Trinidad and Tobago than Denmark were Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

In 2021, countries that imported more from Denmark than Trinidad and Tobago were Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

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

Comparative Advantage Trinidad and Tobago - Denmark

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Denmark in the exports of Machines ($2.75M), Transportation ($653k), and Metals ($490k).

During 2022, Denmark had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($7.2M), Machines ($5.2M), and Animal Products ($4.55M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Trinidad and Tobago has comparative advantage over Denmark. Similarly, the more yellow a dot/product is, the more Denmark has comparative advantage over Trinidad and Tobago.

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

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