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Pricing

2022
Flag → Flag
Exports $92.6kRnk 95 / 149
2022
Flag → Flag
Top Product $90.6kHard Liquor
2022
Flag → Flag
Exports $5.43MRnk 109 / 187
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 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$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

Trinidad and Tobago-Israel Trade: In 2022, Trinidad and Tobago exported $92.6k to Israel. The main products that Trinidad and Tobago exported to Israel were Hard Liquor ($90.6k), Other Knit Garments ($1k), and Interchangeable Tool Parts ($1k). Over the past 5 years the exports of Trinidad and Tobago to Israel have decreased at an annualized rate of 68.9%, from $31.9M in 2017 to $92.6k in 2022.

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

Israel-Trinidad and Tobago Trade: In 2022, Israel exported $5.43M to Trinidad and Tobago. The main products that Israel exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Israel to Trinidad and Tobago have increased at an annualized rate of 5.33%,  from $4.19M in 2017 to $5.43M in 2022.

In 2006, Israel exported services to Trinidad and Tobago worth $1.25M, with Computer and information services ($1.17M) and Construction services ($77k) being the largest in terms of value.

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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $92.6k to Israel. The main products exported from Trinidad and Tobago to Israel were Hard Liquor ($90.6k), Other Knit Garments ($1k), and Interchangeable Tool Parts ($1k). During the last 5 years the exports of Trinidad and Tobago to Israel have decreased at an annualized rate of 68.9%, from $31.9M in 2017 to $92.6k in 2022.

In 2017, Israel exported $5.43M to Trinidad and Tobago. There were not main exports from Israel to Trinidad and Tobago in 2017. During the last 5 years the exports of Israel to Trinidad and Tobago have increased at an annualized rate of 5.33%, from $4.19M in 2022 to $5.43M in 2017.

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

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

Latest Data

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

Israel Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Israel
Top DestinationUnited States$20.3B

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

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

In 2022, countries that imported more from Israel than Trinidad and Tobago included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Trinidad and Tobago - Israel

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Israel in the exports of Foodstuffs ($90.6k), Textiles ($1k), and Metals ($1k).

During 2017, Israel had a large net trade with Trinidad and Tobago in the exports of Machines ($3.02M), Transportation ($954k), and Instruments ($780k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Israel+$127kHard Liquor
Top Product Potential Israel Trinidad and Tobago+$608kTelephones

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

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

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