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Exports In 2022, Trinidad and Tobago exported $2.94M in Malt Extract, making it the 84th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 76th most exported product in Trinidad and Tobago. The main destination of Malt Extract exports from Trinidad and Tobago are: Barbados ($1.51M), Grenada ($887k), Suriname ($210k), Guyana ($80.7k), and Jamaica ($67.7k).

The fastest growing export markets for Malt Extract of Trinidad and Tobago between 2021 and 2022 were Barbados ($761k), Grenada ($222k), and Suriname ($58.3k).

Imports In 2022, Trinidad and Tobago imported $27.1M in Malt Extract, becoming the 118th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 55th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Malt Extract primarily from: United States ($12.9M), Malaysia ($3.62M), Italy ($1.95M), Chile ($1.77M), and Sri Lanka ($1.53M).

The fastest growing import markets in Malt Extract for Trinidad and Tobago between 2021 and 2022 were Malaysia ($1.11M), United States ($989k), and China ($488k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Malt Extract. 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)$2.94M
IMPORTS (2022)$27.1M
NET TRADE (2022)-$24.2M

In 2022, Trinidad and Tobago exported $2.94M in Malt Extract. The main destinations of Trinidad and Tobago exports on Malt Extract were Barbados ($1.51M), Grenada ($887k), Suriname ($210k), Guyana ($80.7k), and Jamaica ($67.7k).

In 2022, Trinidad and Tobago imported $27.1M in Malt Extract, mainly from United States ($12.9M), Malaysia ($3.62M), Italy ($1.95M), Chile ($1.77M), and Sri Lanka ($1.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Barbados$761k (102%)
Grenada$222k (33.4%)
Suriname$58.3k (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Trinidad and Tobago WERE (2021 - 2022):
Dominica-$356k (-95%)
Jamaica-$46.5k (-40.7%)
Saint Lucia-$14.3k (-74.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $51.9k
TOP IMPORT POTENTIALGermany+ $371k

Malt Extract’s highest export potential is United States. With an export gap of $51.9k.   Malt Extract’s highest import potential is Germany with an import gap of $371k.

See methodology.

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