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Pricing

2022
Flag → Flag
Exports $739kRnk 80 / 149
2022
Flag → Flag
Top Product $521kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $50MRnk 117 / 218
2022
Flag → Flag
Top Product $12.5MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Trinidad and Tobago-Malaysia Trade: In 2022, Trinidad and Tobago exported $739k to Malaysia. The main products that Trinidad and Tobago exported to Malaysia were Non-fillet Frozen Fish ($521k), Sawn Wood ($63.2k), and Rough Wood ($47.8k). Over the past 5 years the exports of Trinidad and Tobago to Malaysia have decreased at an annualized rate of 4.85%, from $947k in 2017 to $739k in 2022.

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

Malaysia-Trinidad and Tobago Trade: In 2022, Malaysia exported $50M to Trinidad and Tobago. The main products that Malaysia exported to Trinidad and Tobago were Palm Oil ($12.5M), Margarine ($4.79M), and Malt Extract ($3.62M). Over the past 5 years the exports of Malaysia to Trinidad and Tobago have increased at an annualized rate of 4.96%,  from $39.2M in 2017 to $50M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $739k to Malaysia. The main products exported from Trinidad and Tobago to Malaysia were Non-fillet Frozen Fish ($521k), Sawn Wood ($63.2k), and Rough Wood ($47.8k). During the last 5 years the exports of Trinidad and Tobago to Malaysia have decreased at an annualized rate of 4.85%, from $947k in 2017 to $739k in 2022.

In 2017, Malaysia exported $50M to Trinidad and Tobago. The main products exported from Malaysia to Trinidad and Tobago were Palm Oil ($12.5M), Margarine ($4.79M), and Malt Extract ($3.62M). During the last 5 years the exports of Malaysia to Trinidad and Tobago have increased at an annualized rate of 4.96%, from $39.2M in 2022 to $50M in 2017.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Malaysia
Top DestinationSingapore$53.8B

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

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

In 2022, countries that imported more from Malaysia than Trinidad and Tobago included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Trinidad and Tobago - Malaysia

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Malaysia in the exports of Animal Products ($521k), Wood Products ($111k), and Metals ($83.3k).

During 2017, Malaysia had a large net trade with Trinidad and Tobago in the exports of Animal and Vegetable Bi-Products ($24.6M), Machines ($5.65M), and Foodstuffs ($4.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Malaysia+$30.2kScrap Iron
Top Product Potential Malaysia Trinidad and Tobago+$519kOther Furniture

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

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

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