2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Trinidad and Tobago-Indonesia Trade: In 2022, Trinidad and Tobago exported $43.5k to Indonesia. The main products that Trinidad and Tobago exported to Indonesia were Valves ($28.3k), Rubber Pipes ($3.24k), and Large Flat-Rolled Stainless Steel ($3.11k). Over the past 5 years the exports of Trinidad and Tobago to Indonesia have increased at an annualized rate of 10.8%, from $26.1k in 2017 to $43.5k in 2022.

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

Indonesia-Trinidad and Tobago Trade: In 2022, Indonesia exported $39.6M to Trinidad and Tobago. The main products that Indonesia exported to Trinidad and Tobago were Cars ($10.6M), Tissue ($9.42M), and Coconut Oil ($4.62M). Over the past 5 years the exports of Indonesia to Trinidad and Tobago have increased at an annualized rate of 3.22%,  from $23.1M in 2017 to $39.6M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $43.5k to Indonesia. The main products exported from Trinidad and Tobago to Indonesia were Valves ($28.3k), Rubber Pipes ($3.24k), and Large Flat-Rolled Stainless Steel ($3.11k). During the last 5 years the exports of Trinidad and Tobago to Indonesia have increased at an annualized rate of 10.8%, from $26.1k in 2017 to $43.5k in 2022.

In 2017, Indonesia exported $39.6M to Trinidad and Tobago. The main products exported from Indonesia to Trinidad and Tobago were Cars ($10.6M), Tissue ($9.42M), and Coconut Oil ($4.62M). During the last 5 years the exports of Indonesia to Trinidad and Tobago have increased at an annualized rate of 3.22%, from $23.1M in 2022 to $39.6M in 2017.

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

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

Latest Data

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

Indonesia Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Trinidad and Tobago than Indonesia included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

In 2022, countries that imported more from Indonesia than Trinidad and Tobago included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Trinidad and Tobago - Indonesia

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Indonesia in the exports of Machines ($30.7k), Metals ($5.24k), and Plastics and Rubbers ($4.26k).

During 2017, Indonesia had a large net trade with Trinidad and Tobago in the exports of Transportation ($11.5M), Paper Goods ($11.5M), and Animal and Vegetable Bi-Products ($7.66M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Indonesia+$56.1kValves
Top Product Potential Indonesia Trinidad and Tobago+$3.26MCars

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

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

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