2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 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
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Trinidad and Tobago did not export any services to Somalia.

Somalia-Trinidad and Tobago Trade: In N/A, Somalia exported $8.19k to Trinidad and Tobago. The main products that Somalia exported to Trinidad and Tobago were N/A. Over the past N/A years the exports of Somalia to Trinidad and Tobago have increased at an annualized rate of 143%,  from $97 in N/A to $8.19k in N/A.

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Trinidad and Tobago does not register exports to Somalia.

In 2016, Somalia exported $8.19k to Trinidad and Tobago. There were not main exports from Somalia to Trinidad and Tobago in 2016. During the last 5 years the exports of Somalia to Trinidad and Tobago have increased at an annualized rate of 143%, from $97 in 2021 to $8.19k in 2016.

Exports from Trinidad and Tobago (Flag) to Somalia (Flag) (2021)

Exports from Somalia (Flag) to Trinidad and Tobago (Flag) (2021)

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Somalia
Top Destination
United Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Trinidad and Tobago included United Arab Emirates ($283M), Oman ($173M), and Kuwait ($13.5M).

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

Comparative Advantage Trinidad and Tobago - Somalia

Flow
Scale

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

During 2016, Somalia had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Somalia+$2.21kPetroleum Gas
Top Product Potential Somalia Trinidad and Tobago+$1.04kGold

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

Product Space of Trinidad and Tobago (Flag) and Somalia (Flag) (2021)

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