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Pricing

2022
Flag → Flag
Exports $21.9MRnk 43 / 149
2022
Flag → Flag
Top Product $18.2MScrap Iron
2022
Flag → Flag
Exports $12.3MRnk 132 / 198
2022
Flag → Flag
Top Product $1.61MSauces and Seasonings
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Trinidad and Tobago-Hong Kong Trade: In 2022, Trinidad and Tobago exported $21.9M to Hong Kong. The main products that Trinidad and Tobago exported to Hong Kong were Scrap Iron ($18.2M), Acyclic Alcohols ($2.54M), and Scrap Copper ($349k). Over the past 5 years the exports of Trinidad and Tobago to Hong Kong have increased at an annualized rate of 4.35%, from $17.7M in 2017 to $21.9M in 2022.

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

Hong Kong-Trinidad and Tobago Trade: In 2022, Hong Kong exported $12.3M to Trinidad and Tobago. The main products that Hong Kong exported to Trinidad and Tobago were Sauces and Seasonings ($1.61M), Broadcasting Equipment ($1.03M), and Computers ($851k). Over the past 5 years the exports of Hong Kong to Trinidad and Tobago have decreased at an annualized rate of 9.66%,  from $25.1M in 2017 to $12.3M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $21.9M to Hong Kong. The main products exported from Trinidad and Tobago to Hong Kong were Scrap Iron ($18.2M), Acyclic Alcohols ($2.54M), and Scrap Copper ($349k). During the last 5 years the exports of Trinidad and Tobago to Hong Kong have increased at an annualized rate of 4.35%, from $17.7M in 2017 to $21.9M in 2022.

In 2017, Hong Kong exported $12.3M to Trinidad and Tobago. The main products exported from Hong Kong to Trinidad and Tobago were Sauces and Seasonings ($1.61M), Broadcasting Equipment ($1.03M), and Computers ($851k). During the last 5 years the exports of Hong Kong to Trinidad and Tobago have decreased at an annualized rate of 9.66%, from $25.1M in 2022 to $12.3M in 2017.

Exports from Trinidad and Tobago (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Hong Kong (Flag)

Trinidad and Tobago Exports

Hong Kong Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Hong Kong
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Trinidad and Tobago included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Hong Kong

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Hong Kong in the exports of Metals ($18.6M), Chemical Products ($2.54M), and Machines ($514k).

During 2017, Hong Kong had a large net trade with Trinidad and Tobago in the exports of Machines ($4.11M), Foodstuffs ($1.64M), and Miscellaneous ($1.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Hong Kong+$369kTelephones
Top Product Potential Hong Kong Trinidad and Tobago+$1.67MTelephones

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

Product Space of Trinidad and Tobago (Flag) and Hong Kong (Flag) (2022)

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