2023
Exports
$9.54MWorld Rnk 76 / 219
Flag Rnk 40 / 945
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$52.8MWorld Rnk 100 / 226
Flag Rnk 14 / 1056

About

Exports In 2023, Trinidad and Tobago exported $9.54M in Machinery Having Individual Functions, making it the 76th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 40th most exported product in Trinidad and Tobago. The main destination of Machinery Having Individual Functions exports from Trinidad and Tobago are: Suriname ($7.63M), Guyana ($1.18M), United States ($208k), Canada ($158k), and Norway ($87.5k).

The fastest growing export markets for Machinery Having Individual Functions of Trinidad and Tobago between 2022 and 2023 were Suriname ($5.11M), Guyana ($998k), and Canada ($158k).

Imports In 2023, Trinidad and Tobago imported $52.8M in Machinery Having Individual Functions, becoming the 100th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 14th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Machinery Having Individual Functions primarily from: United States ($30.7M), Germany ($6.1M), Singapore ($2.84M), China ($2.5M), and United Kingdom ($2.15M).

The fastest growing import markets in Machinery Having Individual Functions for Trinidad and Tobago between 2022 and 2023 were Germany ($4.85M), United States ($4.34M), and Singapore ($2.14M).

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 Machinery Having Individual Functions. 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)$9.54M
IMPORTS (2023)$52.8M
NET TRADE (2023)-$43.3M

In 2023, Trinidad and Tobago exported $9.54M in Machinery Having Individual Functions. The main destinations of Trinidad and Tobago exports on Machinery Having Individual Functions were Suriname ($7.63M), Guyana ($1.18M), United States ($208k), Canada ($158k), and Norway ($87.5k).

In 2023, Trinidad and Tobago imported $52.8M in Machinery Having Individual Functions, mainly from United States ($30.7M), Germany ($6.1M), Singapore ($2.84M), China ($2.5M), and United Kingdom ($2.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Suriname$5.11M (203%)
Guyana$998k (547%)
Canada$158k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Trinidad and Tobago WERE (2022 - 2023):
Ghana-$1.2M (-100%)
Saudi Arabia-$50.2k (-100%)
India-$34.5k (-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 Machinery Having Individual Functions were:
In 2023, Trinidad and Tobago's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $309k
TOP IMPORT POTENTIALGermany+ $2.03M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $309k.   Machinery Having Individual Functions’s highest import potential is Germany with an import gap of $2.03M.

See methodology.

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