Trinidad and Tobago (TTO) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Kuwait Trade: In 2022, Trinidad and Tobago exported $115 to Kuwait. The main products that Trinidad and Tobago exported to Kuwait were Newspapers ($115). Over the past 5 years the exports of Trinidad and Tobago to Kuwait have decreased at an annualized rate of 78.3%, from $239k in 2017 to $115 in 2022.

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

Kuwait-Trinidad and Tobago Trade: In 2022, Kuwait exported $1.25k to Trinidad and Tobago. The main products that Kuwait exported to Trinidad and Tobago were Other Nickel Products ($1.25k). Over the past 5 years the exports of Kuwait to Trinidad and Tobago have decreased at an annualized rate of 44.6%, from $23.9k in 2017 to $1.25k in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Trinidad and Tobago exported $115 to Kuwait. The main products exported from Trinidad and Tobago to Kuwait were Newspapers ($115). During the last 5 years the exports of Trinidad and Tobago to Kuwait have decreased at an annualized rate of 78.3%, from $239k in 2017 to $115 in 2022.

In 2017, Kuwait exported $1.25k to Trinidad and Tobago. The main products exported from Kuwait to Trinidad and Tobago were Other Nickel Products ($1.25k). During the last 5 years the exports of Kuwait to Trinidad and Tobago have decreased at an annualized rate of 44.6%, from $23.9k in 2022 to $1.25k in 2017.

Exports from Trinidad and Tobago () to Kuwait () (2022)

Exports from Kuwait () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Kuwait ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Kuwait
Top DestinationChina$24.3B

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

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

In 2022, countries that imported more from Kuwait than Trinidad and Tobago included China ($24.3B), India ($15B), and South Korea ($10.8B).

Difference in imports from Kuwait () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Trinidad and Tobago had a large net trade with Kuwait in the exports of Paper Goods ($115).

During 2017, Kuwait had a large net trade with Trinidad and Tobago in the exports of Metals ($1.25k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Kuwait+$4.44kPetroleum Gas

Top Product Potential Kuwait Trinidad and Tobago+$4.8kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and Kuwait. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Trinidad and Tobago.

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Kuwait () (2022)

Exports from Kuwait () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Kuwait ()

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Kuwait () (2022)

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