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Exports In 2022, Trinidad and Tobago exported $753k in Cars, making it the 145th largest exporter of Cars in the world. At the same year, Cars was the 151st most exported product in Trinidad and Tobago. The main destination of Cars exports from Trinidad and Tobago are: Suriname ($291k), Jamaica ($121k), Guyana ($112k), Barbados ($71.7k), and United States ($52.1k).

The fastest growing export markets for Cars of Trinidad and Tobago between 2021 and 2022 were Suriname ($150k), Jamaica ($98.4k), and Barbados ($68k).

Imports In 2022, Trinidad and Tobago imported $206M in Cars, becoming the 115th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Trinidad and Tobago. Trinidad and Tobago imports Cars primarily from: Japan ($68.9M), Thailand ($41.4M), South Korea ($20.5M), India ($13.4M), and Germany ($10.7M).

The fastest growing import markets in Cars for Trinidad and Tobago between 2021 and 2022 were Japan ($25.9M), Thailand ($12.3M), and Indonesia ($6.59M).

COMPANIES In 2023, leading companies such as Rolls-Royce (1) were at the forefront of shipping Cars from Trinidad and Tobago to the United States.

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 Cars. 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)$753k
IMPORTS (2022)$206M
NET TRADE (2022)-$205M

In 2022, Trinidad and Tobago exported $753k in Cars. The main destinations of Trinidad and Tobago exports on Cars were Suriname ($291k), Jamaica ($121k), Guyana ($112k), Barbados ($71.7k), and United States ($52.1k).

In 2022, Trinidad and Tobago imported $206M in Cars, mainly from Japan ($68.9M), Thailand ($41.4M), South Korea ($20.5M), India ($13.4M), and Germany ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Suriname$150k (106%)
Jamaica$98.4k (443%)
Barbados$68k (1.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Trinidad and Tobago WERE (2021 - 2022):
Aruba-$29.6k (-100%)
United States-$24.6k (-32%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Trinidad and Tobago's main exporting competitors in Cars were:
In 2022, Trinidad and Tobago's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $84.5k
TOP IMPORT POTENTIALGermany+ $12.3M

Cars’s highest export potential is United Kingdom. With an export gap of $84.5k.   Cars’s highest import potential is Germany with an import gap of $12.3M.

See methodology.

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