2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 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
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Trinidad and Tobago-Slovakia Trade: In 2022, Trinidad and Tobago exported $92.4k to Slovakia. The main products that Trinidad and Tobago exported to Slovakia were Hard Liquor ($66k), Knit Sweaters ($16.3k), and Orthopedic Appliances ($4.52k). Over the past 5 years the exports of Trinidad and Tobago to Slovakia have decreased at an annualized rate of 0.44%, from $94.4k in 2017 to $92.4k in 2022.

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

Slovakia-Trinidad and Tobago Trade: In 2022, Slovakia exported $4.32M to Trinidad and Tobago. The main products that Slovakia exported to Trinidad and Tobago were Cars ($3.11M), Valves ($175k), and Plastic Lids ($149k). Over the past 5 years the exports of Slovakia to Trinidad and Tobago have increased at an annualized rate of 4.48%,  from $2.14M in 2017 to $4.32M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $92.4k to Slovakia. The main products exported from Trinidad and Tobago to Slovakia were Hard Liquor ($66k), Knit Sweaters ($16.3k), and Orthopedic Appliances ($4.52k). During the last 5 years the exports of Trinidad and Tobago to Slovakia have decreased at an annualized rate of 0.44%, from $94.4k in 2017 to $92.4k in 2022.

In 2017, Slovakia exported $4.32M to Trinidad and Tobago. The main products exported from Slovakia to Trinidad and Tobago were Cars ($3.11M), Valves ($175k), and Plastic Lids ($149k). During the last 5 years the exports of Slovakia to Trinidad and Tobago have increased at an annualized rate of 4.48%, from $2.14M in 2022 to $4.32M in 2017.

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

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

Latest Data

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

Slovakia Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Slovakia
Top Destination
Germany$22.2B

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

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

In 2022, countries that imported more from Slovakia than Trinidad and Tobago included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Trinidad and Tobago - Slovakia

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Slovakia in the exports of Foodstuffs ($66k), Textiles ($18k), and Instruments ($8.22k).

During 2017, Slovakia had a large net trade with Trinidad and Tobago in the exports of Transportation ($3.21M), Machines ($413k), and Plastics and Rubbers ($268k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Slovakia+$77kHard Liquor
Top Product Potential Slovakia Trinidad and Tobago+$3.64MCars

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

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

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