2023
Flag  
GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC 
$20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Trinidad and Tobago-Ethiopia Trade: In 2023, Trinidad and Tobago exported $96 to Ethiopia. The main products that Trinidad and Tobago exported to Ethiopia were Hard Liquor ($96). Over the past 7 years the exports of Trinidad and Tobago to Ethiopia have decreased at an annualized rate of 36.9%, from $2.42k in 2016 to $96 in 2023.

In 2023, Trinidad and Tobago did not export any services to Ethiopia.

Ethiopia-Trinidad and Tobago Trade: In 2023, Ethiopia exported $161k to Trinidad and Tobago. The main products that Ethiopia exported to Trinidad and Tobago were N/A. Over the past 7 years the exports of Ethiopia to Trinidad and Tobago have decreased at an annualized rate of 4.08%,  from $198k in 2016 to $161k in 2023.

In 2023, Ethiopia did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $96 to Ethiopia. The main products exported from Trinidad and Tobago to Ethiopia were Hard Liquor ($96). During the last 7 years the exports of Trinidad and Tobago to Ethiopia have decreased at an annualized rate of 36.9%, from $2.42k in 2016 to $96 in 2023.

In 2017, Ethiopia exported $161k to Trinidad and Tobago. There were not main exports from Ethiopia to Trinidad and Tobago in 2017. During the last 5 years the exports of Ethiopia to Trinidad and Tobago have decreased at an annualized rate of 4.08%, from $198k in 2022 to $161k in 2017.

Exports from Trinidad and Tobago (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

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

Ethiopia Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$3.26B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Trinidad and Tobago than Ethiopia included United States ($3.26B), Guyana ($625M), and Chile ($605M).

In 2023, countries that imported more from Ethiopia than Trinidad and Tobago included United Arab Emirates ($314M), Saudi Arabia ($304M), and Djibouti ($155M).

Difference in imports from Ethiopia (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - Ethiopia

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Ethiopia in the exports of Foodstuffs ($96).

During 2017, Ethiopia had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Ethiopia+$5.7kRecovered Paper
Top Product Potential Ethiopia Trinidad and Tobago+$1.74kCoffee

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

Product Space of Trinidad and Tobago (Flag) and Ethiopia (Flag) (2023)

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