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Pricing

2022
Flag → Flag
Exports $70.7MRnk 30 / 149
2022
Flag → Flag
Top Product $32.5MScrap Iron
2022
Flag → Flag
Exports $100MRnk 93 / 218
2022
Flag → Flag
Top Product $41.4MCars
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Trinidad and Tobago-Thailand Trade: In 2022, Trinidad and Tobago exported $70.7M to Thailand. The main products that Trinidad and Tobago exported to Thailand were Scrap Iron ($32.5M), Petroleum Gas ($31.1M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.45M). Over the past 5 years the exports of Trinidad and Tobago to Thailand have increased at an annualized rate of 48.5%, from $9.78M in 2017 to $70.7M in 2022.

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

Thailand-Trinidad and Tobago Trade: In 2022, Thailand exported $100M to Trinidad and Tobago. The main products that Thailand exported to Trinidad and Tobago were Cars ($41.4M), Delivery Trucks ($26.4M), and Processed Fish ($7.96M). Over the past 5 years the exports of Thailand to Trinidad and Tobago have decreased at an annualized rate of 1.37%,  from $107M in 2017 to $100M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $70.7M to Thailand. The main products exported from Trinidad and Tobago to Thailand were Scrap Iron ($32.5M), Petroleum Gas ($31.1M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.45M). During the last 5 years the exports of Trinidad and Tobago to Thailand have increased at an annualized rate of 48.5%, from $9.78M in 2017 to $70.7M in 2022.

In 2017, Thailand exported $100M to Trinidad and Tobago. The main products exported from Thailand to Trinidad and Tobago were Cars ($41.4M), Delivery Trucks ($26.4M), and Processed Fish ($7.96M). During the last 5 years the exports of Thailand to Trinidad and Tobago have decreased at an annualized rate of 1.37%, from $107M in 2022 to $100M in 2017.

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

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

Latest Data

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

Trinidad and Tobago Exports

Thailand Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Trinidad and Tobago than Thailand included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

In 2022, countries that imported more from Thailand than Trinidad and Tobago included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Trinidad and Tobago - Thailand

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Thailand in the exports of Metals ($32.8M), Mineral Products ($31.1M), and Chemical Products ($6.45M).

During 2017, Thailand had a large net trade with Trinidad and Tobago in the exports of Transportation ($71.6M), Foodstuffs ($11.5M), and Machines ($6.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Thailand+$6.55MPetroleum Gas
Top Product Potential Thailand Trinidad and Tobago+$1.57MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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