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2023
Flag → Flag
Exports $148MRnk 18 / 123
2023
Flag → Flag
Top Product $148MPetroleum Gas
2023
Flag → Flag
Exports $8.8MRnk 33 / 150
2023
Flag → Flag
Top Product $1.84MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Trinidad and Tobago-El Salvador Trade: In 2023, Trinidad and Tobago exported $148M to El Salvador. The main products that Trinidad and Tobago exported to El Salvador were Petroleum Gas ($148M), Other Inorganic Acids ($57.2k), and Industrial Food Preperation Machinery ($20k). Over the past 5 years the exports of Trinidad and Tobago to El Salvador have increased at an annualized rate of 164%, from $1.15M in 2018 to $148M in 2023.

In 2023, Trinidad and Tobago did not export any services to El Salvador.

El Salvador-Trinidad and Tobago Trade: In 2023, El Salvador exported $8.8M to Trinidad and Tobago. The main products that El Salvador exported to Trinidad and Tobago were Raw Sugar ($1.84M), Molasses ($1.78M), and Cleaning Products ($1.51M). Over the past 5 years the exports of El Salvador to Trinidad and Tobago have increased at an annualized rate of 13.1%,  from $4.21M in 2018 to $8.8M in 2023.

In 2023, El Salvador did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $148M to El Salvador. The main products exported from Trinidad and Tobago to El Salvador were Petroleum Gas ($148M), Other Inorganic Acids ($57.2k), and Industrial Food Preperation Machinery ($20k). During the last 5 years the exports of Trinidad and Tobago to El Salvador have increased at an annualized rate of 164%, from $1.15M in 2018 to $148M in 2023.

In 2018, El Salvador exported $8.8M to Trinidad and Tobago. The main products exported from El Salvador to Trinidad and Tobago were Raw Sugar ($1.84M), Molasses ($1.78M), and Cleaning Products ($1.51M). During the last 5 years the exports of El Salvador to Trinidad and Tobago have increased at an annualized rate of 13.1%, from $4.21M in 2023 to $8.8M in 2018.

Exports from Trinidad and Tobago (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

Trade between Trinidad and Tobago (Flag) and El Salvador (Flag)

El Salvador Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Trinidad and Tobago than El Salvador included United States ($3.26B), China ($783M), and Guyana ($625M).

In 2023, countries that imported more from El Salvador than Trinidad and Tobago included Guatemala ($1.15B), Honduras ($1.03B), and Nicaragua ($511M).

Difference in imports from El Salvador (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - El Salvador

Flow
Scale

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

During 2023, Trinidad and Tobago had a large net trade with El Salvador in the exports of Mineral Products ($148M), Chemical Products ($69k), and Machines ($20.1k).

During 2018, El Salvador had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($3.78M), Plastics and Rubbers ($1.63M), and Chemical Products ($1.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago El Salvador+$60kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
Top Product Potential El Salvador Trinidad and Tobago+$149kPackaged Medicaments

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

Product Space of Trinidad and Tobago (Flag) and El Salvador (Flag) (2023)

Keep Exploring

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