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Pricing

2023
Flag → Flag
Exports $511kRnk 68 / 123
2023
Flag → Flag
Top Product $495kAmino-resins
2023
Flag → Flag
Exports $75.1kRnk 139 / 172
2023
Flag → Flag
Top Product $42.1kOther Furniture
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 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$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Trinidad and Tobago-Ghana Trade: In 2023, Trinidad and Tobago exported $511k to Ghana. The main products that Trinidad and Tobago exported to Ghana were Amino-resins ($495k), Recovered Paper ($4.36k), and Tensile Testing Machines ($3.3k). Over the past 5 years the exports of Trinidad and Tobago to Ghana have decreased at an annualized rate of 32.6%, from $3.67M in 2018 to $511k in 2023.

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

Ghana-Trinidad and Tobago Trade: In 2023, Ghana exported $75.1k to Trinidad and Tobago. The main products that Ghana exported to Trinidad and Tobago were Other Furniture ($42.1k), Other Wood Articles ($8.84k), and Other Knit Clothing Accessories ($5.91k). Over the past 5 years the exports of Ghana to Trinidad and Tobago have decreased at an annualized rate of 8.11%,  from $115k in 2018 to $75.1k in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $511k to Ghana. The main products exported from Trinidad and Tobago to Ghana were Amino-resins ($495k), Recovered Paper ($4.36k), and Tensile Testing Machines ($3.3k). During the last 5 years the exports of Trinidad and Tobago to Ghana have decreased at an annualized rate of 32.6%, from $3.67M in 2018 to $511k in 2023.

In 2018, Ghana exported $75.1k to Trinidad and Tobago. The main products exported from Ghana to Trinidad and Tobago were Other Furniture ($42.1k), Other Wood Articles ($8.84k), and Other Knit Clothing Accessories ($5.91k). During the last 5 years the exports of Ghana to Trinidad and Tobago have decreased at an annualized rate of 8.11%, from $115k in 2023 to $75.1k in 2018.

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

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

Latest Data

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

Ghana Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
Ghana
Top DestinationSwitzerland$6.49B

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

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

In 2023, countries that imported more from Ghana than Trinidad and Tobago included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Trinidad and Tobago - Ghana

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with Ghana in the exports of Plastics and Rubbers ($496k), Paper Goods ($4.36k), and Machines ($3.67k).

During 2018, Ghana had a large net trade with Trinidad and Tobago in the exports of Miscellaneous ($42.5k), Textiles ($13.6k), and Wood Products ($9.03k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Ghana+$3.46kPetroleum Gas
Top Product Potential Ghana Trinidad and Tobago+$2.85kRefined Petroleum

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

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

Keep Exploring

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