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Exports In 2023, Trinidad and Tobago exported $14.3M in Insulated Wire, making it the 93rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 32nd most exported product in Trinidad and Tobago. The main destination of Insulated Wire exports from Trinidad and Tobago are: Jamaica ($8.05M), Belize ($1.6M), Barbados ($1.3M), Guyana ($1.23M), and Dominican Republic ($536k).

The fastest growing export markets for Insulated Wire of Trinidad and Tobago between 2022 and 2023 were Saint Vincent and the Grenadines ($246k), Antigua and Barbuda ($92.6k), and Guyana ($52.5k).

Imports In 2023, Trinidad and Tobago imported $37.6M in Insulated Wire, becoming the 136th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 25th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Insulated Wire primarily from: Turkey ($9.78M), United States ($7.67M), China ($7.51M), France ($4.07M), and India ($1.25M).

The fastest growing import markets in Insulated Wire for Trinidad and Tobago between 2022 and 2023 were France ($3.41M), Pakistan ($1.2M), and Spain ($1.14M).

Latest Trends

Dec 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 Insulated Wire. 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 (2023)$14.3M
IMPORTS (2023)$37.6M
NET TRADE (2023)-$23.3M

In 2023, Trinidad and Tobago exported $14.3M in Insulated Wire. The main destinations of Trinidad and Tobago exports on Insulated Wire were Jamaica ($8.05M), Belize ($1.6M), Barbados ($1.3M), Guyana ($1.23M), and Dominican Republic ($536k).

In 2023, Trinidad and Tobago imported $37.6M in Insulated Wire, mainly from Turkey ($9.78M), United States ($7.67M), China ($7.51M), France ($4.07M), and India ($1.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Antigua and Barbuda$92.6k (82.4%)
Guyana$52.5k (4.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Trinidad and Tobago WERE (2022 - 2023):
Jamaica-$6.4M (-44.3%)
Dominican Republic-$5.1M (-90.5%)
Cayman Islands-$1.11M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Trinidad and Tobago's main exporting competitors in Insulated Wire were:
In 2023, Trinidad and Tobago's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $99.9k
TOP IMPORT POTENTIALChina+ $4.1M

Insulated Wire’s highest export potential is Germany. With an export gap of $99.9k.   Insulated Wire’s highest import potential is China with an import gap of $4.1M.

See methodology.

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