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Pricing

2022
Flag → Flag
Exports $12.5kRnk 125 / 149
2022
Flag → Flag
Top Product $12.3kExcavation Machinery
2022
Flag → Flag
Exports $65.4kRnk 122 / 139
2022
Flag → Flag
Top Product $36.5kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI -0.15Rnk 71 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH27%CURRENT US$
Rnk 105 / 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$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH-10.2%CURRENT US$
Rnk 163 / 186

About

Trinidad and Tobago-Qatar Trade: In 2022, Trinidad and Tobago exported $12.5k to Qatar. The main products that Trinidad and Tobago exported to Qatar were Excavation Machinery ($12.3k) and Newspapers ($231). Over the past 5 years the exports of Trinidad and Tobago to Qatar have decreased at an annualized rate of 44.5%, from $238k in 2017 to $12.5k in 2022.

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

Qatar-Trinidad and Tobago Trade: In 2022, Qatar exported $65.4k to Trinidad and Tobago. The main products that Qatar exported to Trinidad and Tobago were Medical Instruments ($36.5k), Other Iron Products ($25.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.62k). Over the past 5 years the exports of Qatar to Trinidad and Tobago have decreased at an annualized rate of 18.1%,  from $177k in 2017 to $65.4k in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $12.5k to Qatar. The main products exported from Trinidad and Tobago to Qatar were Excavation Machinery ($12.3k) and Newspapers ($231). During the last 5 years the exports of Trinidad and Tobago to Qatar have decreased at an annualized rate of 44.5%, from $238k in 2017 to $12.5k in 2022.

In 2017, Qatar exported $65.4k to Trinidad and Tobago. The main products exported from Qatar to Trinidad and Tobago were Medical Instruments ($36.5k), Other Iron Products ($25.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.62k). During the last 5 years the exports of Qatar to Trinidad and Tobago have decreased at an annualized rate of 18.1%, from $177k in 2022 to $65.4k in 2017.

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

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

Latest Data

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

Qatar Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Qatar
Top DestinationChina$21.1B

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

In 2022, countries that imported more from Trinidad and Tobago than Qatar included United States ($4.91B), Morocco ($740M), and Jamaica ($430M).

In 2022, countries that imported more from Qatar than Trinidad and Tobago included China ($21.1B), India ($17.4B), and Japan ($12B).

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

Comparative Advantage Trinidad and Tobago - Qatar

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Qatar in the exports of Machines ($12.3k) and Paper Goods ($231).

During 2017, Qatar had a large net trade with Trinidad and Tobago in the exports of Instruments ($36.5k), Metals ($25.6k), and Transportation ($2.62k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Qatar+$2.58kCrude Petroleum
Top Product Potential Qatar Trinidad and Tobago+$4.51kRefined 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

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

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

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