Trinidad and Tobago (TTO) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Ethiopia () (2023)

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

Latest Data

Trade between Trinidad and Tobago () and Ethiopia ()

Ethiopia Exports

Date

Apr 2017

Aug 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$3.26B

Ethiopia
Top DestinationUnited 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 () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Trinidad and Tobago () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Trinidad and Tobago - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring