2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 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
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Trinidad and Tobago-Guinea Trade: In 2019, Trinidad and Tobago exported $328k to Guinea. The main products that Trinidad and Tobago exported to Guinea were N/A. Over the past 7 years the exports of Trinidad and Tobago to Guinea have increased at an annualized rate of 31.8%, from $47.5k in 2012 to $328k in 2019.

In 2019, Trinidad and Tobago did not export any services to Guinea.

Guinea-Trinidad and Tobago Trade: In 2019, Guinea exported $2.65k to Trinidad and Tobago. The main products that Guinea exported to Trinidad and Tobago were Lifting Machinery ($2.49k) and Other Hand Tools ($156). Over the past 7 years the exports of Guinea to Trinidad and Tobago have increased at an annualized rate of 1.79%,  from $2.42k in 2012 to $2.65k in 2019.

In 2019, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Trinidad and Tobago exported $328k to Guinea. There were not main exports from Trinidad and Tobago to Guinea in 2019. During the last 7 years the exports of Trinidad and Tobago to Guinea have increased at an annualized rate of 31.8%, from $47.5k in 2012 to $328k in 2019.

In 2017, Guinea exported $2.65k to Trinidad and Tobago. The main products exported from Guinea to Trinidad and Tobago were Lifting Machinery ($2.49k) and Other Hand Tools ($156). During the last 5 years the exports of Guinea to Trinidad and Tobago have increased at an annualized rate of 1.79%, from $2.42k in 2022 to $2.65k in 2017.

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

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

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Guinea
Top Destination
China$3.81B

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

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

In 2022, countries that imported more from Guinea than Trinidad and Tobago included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Trinidad and Tobago - Guinea

Flow
Scale

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

During 2019, Trinidad and Tobago had a large net trade with Guinea in the exports of .

During 2017, Guinea had a large net trade with Trinidad and Tobago in the exports of Machines ($2.49k) and Metals ($156).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Guinea+$2.07kRefined Petroleum
Top Product Potential Guinea Trinidad and Tobago+$1.63kGold

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

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

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