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Exports In 2022, Trinidad and Tobago exported $45.8M in Baked Goods, making it the 74th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 13th most exported product in Trinidad and Tobago. The main destination of Baked Goods exports from Trinidad and Tobago are: Jamaica ($12.5M), Guyana ($12.4M), Barbados ($5.06M), Grenada ($3.84M), and Saint Lucia ($3.69M).

The fastest growing export markets for Baked Goods of Trinidad and Tobago between 2021 and 2022 were Jamaica ($3.97M), Guyana ($2.05M), and Barbados ($759k).

Imports In 2022, Trinidad and Tobago imported $29.3M in Baked Goods, becoming the 110th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 49th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Baked Goods primarily from: United States ($14M), United Kingdom ($2.95M), Barbados ($1.88M), Turkey ($1.68M), and Canada ($1.28M).

The fastest growing import markets in Baked Goods for Trinidad and Tobago between 2021 and 2022 were United States ($2.01M), Barbados ($536k), and Denmark ($279k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Baked Goods. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.8M
IMPORTS (2022)$29.3M
NET TRADE (2022)$16.5M

In 2022, Trinidad and Tobago exported $45.8M in Baked Goods. The main destinations of Trinidad and Tobago exports on Baked Goods were Jamaica ($12.5M), Guyana ($12.4M), Barbados ($5.06M), Grenada ($3.84M), and Saint Lucia ($3.69M).

In 2022, Trinidad and Tobago imported $29.3M in Baked Goods, mainly from United States ($14M), United Kingdom ($2.95M), Barbados ($1.88M), Turkey ($1.68M), and Canada ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Jamaica$3.97M (46.9%)
Guyana$2.05M (19.9%)
Barbados$759k (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Trinidad and Tobago WERE (2021 - 2022):
United Kingdom-$161k (-86%)
Cayman Islands-$136k (-95.4%)
Dominica-$131k (-13.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Trinidad and Tobago's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Trinidad and Tobago's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $4.17M
TOP IMPORT POTENTIALCanada+ $972k

Baked Goods’s highest export potential is United States. With an export gap of $4.17M.   Baked Goods’s highest import potential is Canada with an import gap of $972k.

See methodology.

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