2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC 
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Trinidad and Tobago-North Korea Trade: In 2022, Trinidad and Tobago exported $32.4k to North Korea. The main products that Trinidad and Tobago exported to North Korea were Electric Batteries ($32.4k). Over the past 5 years the exports of Trinidad and Tobago to North Korea have decreased at an annualized rate of 9.38%, from $53k in 2017 to $32.4k in 2022.

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

North Korea-Trinidad and Tobago Trade: In 2022, North Korea exported $1.78M to Trinidad and Tobago. The main products that North Korea exported to Trinidad and Tobago were Laboratory Reagents ($598k), Coated Flat-Rolled Iron ($205k), and Vinyl Chloride Polymers ($179k). Over the past 5 years the exports of North Korea to Trinidad and Tobago have increased at an annualized rate of 1.95%,  from $1.47M in 2017 to $1.78M in 2022.

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

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). That same year, North Korea ranked 182 in total exports ($248M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $32.4k to North Korea. The main products exported from Trinidad and Tobago to North Korea were Electric Batteries ($32.4k). During the last 5 years the exports of Trinidad and Tobago to North Korea have decreased at an annualized rate of 9.38%, from $53k in 2017 to $32.4k in 2022.

In 2017, North Korea exported $1.78M to Trinidad and Tobago. The main products exported from North Korea to Trinidad and Tobago were Laboratory Reagents ($598k), Coated Flat-Rolled Iron ($205k), and Vinyl Chloride Polymers ($179k). During the last 5 years the exports of North Korea to Trinidad and Tobago have increased at an annualized rate of 1.95%, from $1.47M in 2022 to $1.78M in 2017.

Exports from Trinidad and Tobago (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and North Korea (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
North Korea
Top Destination
China$131M

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

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

In 2022, countries that imported more from North Korea than Trinidad and Tobago included Senegal ($26.9M), Nigeria ($14M), and Poland ($9.58M).

Difference in imports from North Korea (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - North Korea

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with North Korea in the exports of Machines ($32.4k).

During 2017, North Korea had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($856k), Plastics and Rubbers ($424k), and Metals ($231k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago North Korea+N/AN/A
Top Product Potential North Korea Trinidad and Tobago+N/AN/A

N/A

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

Product Space of Trinidad and Tobago (Flag) and North Korea (Flag) (2022)

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