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Exports In 2022, Trinidad and Tobago exported $2.84B in Petroleum Gas, making it the 32nd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 2nd most exported product in Trinidad and Tobago. The main destination of Petroleum Gas exports from Trinidad and Tobago are: United States ($904M), United Kingdom ($248M), Jamaica ($239M), Italy ($207M), and Portugal ($189M).

The fastest growing export markets for Petroleum Gas of Trinidad and Tobago between 2021 and 2022 were United States ($586M), United Kingdom ($242M), and Jamaica ($196M).

Imports In 2022, Trinidad and Tobago imported $3.2M in Petroleum Gas, becoming the 158th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 311th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Petroleum Gas primarily from: Brazil ($2.48M), United States ($397k), Malaysia ($238k), China ($58.4k), and Panama ($16.7k).

The fastest growing import markets in Petroleum Gas for Trinidad and Tobago between 2021 and 2022 were Brazil ($2.48M), Malaysia ($238k), and China ($47.8k).

Latest Trends

Sep 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 Petroleum Gas. 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)$2.84B
IMPORTS (2022)$3.2M
NET TRADE (2022)$2.84B

In 2022, Trinidad and Tobago exported $2.84B in Petroleum Gas. The main destinations of Trinidad and Tobago exports on Petroleum Gas were United States ($904M), United Kingdom ($248M), Jamaica ($239M), Italy ($207M), and Portugal ($189M).

In 2022, Trinidad and Tobago imported $3.2M in Petroleum Gas, mainly from Brazil ($2.48M), United States ($397k), Malaysia ($238k), China ($58.4k), and Panama ($16.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
United States$586M (184%)
United Kingdom$242M (4.02k%)
Jamaica$196M (461%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Trinidad and Tobago WERE (2021 - 2022):
China-$273M (-97.2%)
Canada-$99.8M (-71%)
Spain-$89.2M (-79.3%)

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 Petroleum Gas were:
In 2022, Trinidad and Tobago's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $531M
TOP IMPORT POTENTIALUnited States+ $454k

Petroleum Gas’s highest export potential is United States. With an export gap of $531M.   Petroleum Gas’s highest import potential is United States with an import gap of $454k.

See methodology.

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