2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Trinidad and Tobago-Norway Trade: In 2022, Trinidad and Tobago exported $14.7M to Norway. The main products that Trinidad and Tobago exported to Norway were Ammonia ($10.4M), Cranes ($1.4M), and Nitrogen Heterocyclic Compounds ($1.11M). Over the past 5 years the exports of Trinidad and Tobago to Norway have decreased at an annualized rate of 9.21%, from $23.8M in 2017 to $14.7M in 2022.

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

Norway-Trinidad and Tobago Trade: In 2022, Norway exported $46.3M to Trinidad and Tobago. The main products that Norway exported to Trinidad and Tobago were Passenger and Cargo Ships ($32.7M), Fish: dried, salted, smoked or in brine ($3.47M), and Transmissions ($1.24M). Over the past 5 years the exports of Norway to Trinidad and Tobago have increased at an annualized rate of 0.61%,  from $44.9M in 2017 to $46.3M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Latest Data

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

Norway Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Norway
Top Destination
Germany$78.1B

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

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

In 2022, countries that imported more from Norway than Trinidad and Tobago included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Norway+$4.38MAmmonia
Top Product Potential Norway Trinidad and Tobago+$220kExcavation Machinery

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

Product Space of Trinidad and Tobago (Flag) and Norway (Flag) (NaN)

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