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Pricing

2022
Flag → Flag
Exports $1.05MRnk 78 / 149
2022
Flag → Flag
Top Product $839kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2022
Flag → Flag
Exports $486kRnk 161 / 191
2022
Flag → Flag
Top Product $173kSoybean Oil
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Trinidad and Tobago-Ukraine Trade: In 2022, Trinidad and Tobago exported $1.05M to Ukraine. The main products that Trinidad and Tobago exported to Ukraine were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($839k), Hard Liquor ($190k), and Sauces and Seasonings ($16.9k). Over the past 5 years the exports of Trinidad and Tobago to Ukraine have increased at an annualized rate of 33.3%, from $249k in 2017 to $1.05M in 2022.

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

Ukraine-Trinidad and Tobago Trade: In 2022, Ukraine exported $486k to Trinidad and Tobago. The main products that Ukraine exported to Trinidad and Tobago were Soybean Oil ($173k), Hot-Rolled Iron Bars ($102k), and Iron Pipes ($55.8k). Over the past 5 years the exports of Ukraine to Trinidad and Tobago have decreased at an annualized rate of 19.1%,  from $1.4M in 2017 to $486k in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $1.05M to Ukraine. The main products exported from Trinidad and Tobago to Ukraine were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($839k), Hard Liquor ($190k), and Sauces and Seasonings ($16.9k). During the last 5 years the exports of Trinidad and Tobago to Ukraine have increased at an annualized rate of 33.3%, from $249k in 2017 to $1.05M in 2022.

In 2017, Ukraine exported $486k to Trinidad and Tobago. The main products exported from Ukraine to Trinidad and Tobago were Soybean Oil ($173k), Hot-Rolled Iron Bars ($102k), and Iron Pipes ($55.8k). During the last 5 years the exports of Ukraine to Trinidad and Tobago have decreased at an annualized rate of 19.1%, from $1.4M in 2022 to $486k in 2017.

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

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

Latest Data

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

Ukraine Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Trinidad and Tobago than Ukraine included United States ($4.91B), Morocco ($740M), and Brazil ($497M).

In 2022, countries that imported more from Ukraine than Trinidad and Tobago included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Trinidad and Tobago - Ukraine

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Ukraine in the exports of Chemical Products ($839k), Foodstuffs ($206k), and Machines ($1.1k).

During 2017, Ukraine had a large net trade with Trinidad and Tobago in the exports of Animal and Vegetable Bi-Products ($174k), Metals ($163k), and Animal Products ($63.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Ukraine+$4.88kPetroleum Gas
Top Product Potential Ukraine Trinidad and Tobago+$3.38kIron Ore

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

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

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