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Pricing

2022
Flag → Flag
Exports $5.82MRnk 59 / 149
2022
Flag → Flag
Top Product $4.24MAmmonia
2022
Flag → Flag
Exports $5.15MRnk 150 / 214
2022
Flag → Flag
Top Product $2.32MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186

About

Trinidad and Tobago-South Africa Trade: In 2022, Trinidad and Tobago exported $5.82M to South Africa. The main products that Trinidad and Tobago exported to South Africa were Ammonia ($4.24M), Hard Liquor ($823k), and Sauces and Seasonings ($679k). Over the past 5 years the exports of Trinidad and Tobago to South Africa have decreased at an annualized rate of 19.7%, from $17.5M in 2017 to $5.82M in 2022.

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

South Africa-Trinidad and Tobago Trade: In 2022, South Africa exported $5.15M to Trinidad and Tobago. The main products that South Africa exported to Trinidad and Tobago were Delivery Trucks ($2.32M), Railway Cargo Containers ($529k), and Alcohol > 80% ABV ($216k). Over the past 5 years the exports of South Africa to Trinidad and Tobago have decreased at an annualized rate of 11%,  from $9.2M in 2017 to $5.15M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $5.82M to South Africa. The main products exported from Trinidad and Tobago to South Africa were Ammonia ($4.24M), Hard Liquor ($823k), and Sauces and Seasonings ($679k). During the last 5 years the exports of Trinidad and Tobago to South Africa have decreased at an annualized rate of 19.7%, from $17.5M in 2017 to $5.82M in 2022.

In 2017, South Africa exported $5.15M to Trinidad and Tobago. The main products exported from South Africa to Trinidad and Tobago were Delivery Trucks ($2.32M), Railway Cargo Containers ($529k), and Alcohol > 80% ABV ($216k). During the last 5 years the exports of South Africa to Trinidad and Tobago have decreased at an annualized rate of 11%, from $9.2M in 2022 to $5.15M in 2017.

Exports from Trinidad and Tobago (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
South Africa
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from South Africa than Trinidad and Tobago included China ($23.4B), Germany ($9.96B), and India ($9.14B).

Difference in imports from South Africa (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - South Africa

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with South Africa in the exports of Chemical Products ($4.25M), Foodstuffs ($1.5M), and Machines ($56k).

During 2017, South Africa had a large net trade with Trinidad and Tobago in the exports of Transportation ($2.87M), Foodstuffs ($567k), and Chemical Products ($408k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago South Africa+$4.05MAmmonia
Top Product Potential South Africa Trinidad and Tobago+$1.49MDelivery Trucks

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

Product Space of Trinidad and Tobago (Flag) and South Africa (Flag) (2022)

Keep Exploring

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