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Exports In 2022, Trinidad and Tobago exported $109k in Tool Sets, making it the 69th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 328th most exported product in Trinidad and Tobago. The main destination of Tool Sets exports from Trinidad and Tobago are: Denmark ($48.5k), Barbados ($15.1k), Suriname ($11.9k), British Virgin Islands ($11.2k), and Panama ($9.97k).

The fastest growing export markets for Tool Sets of Trinidad and Tobago between 2021 and 2022 were Denmark ($48.5k), British Virgin Islands ($11.2k), and Panama ($9.97k).

Imports In 2022, Trinidad and Tobago imported $775k in Tool Sets, becoming the 115th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 558th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Tool Sets primarily from: China ($354k), United Kingdom ($175k), United States ($115k), Guyana ($35.8k), and Panama ($20.7k).

The fastest growing import markets in Tool Sets for Trinidad and Tobago between 2021 and 2022 were China ($230k), United Kingdom ($165k), and Guyana ($33.8k).

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 Tool Sets. 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)$109k
IMPORTS (2022)$775k
NET TRADE (2022)-$666k

In 2022, Trinidad and Tobago exported $109k in Tool Sets. The main destinations of Trinidad and Tobago exports on Tool Sets were Denmark ($48.5k), Barbados ($15.1k), Suriname ($11.9k), British Virgin Islands ($11.2k), and Panama ($9.97k).

In 2022, Trinidad and Tobago imported $775k in Tool Sets, mainly from China ($354k), United Kingdom ($175k), United States ($115k), Guyana ($35.8k), and Panama ($20.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Denmark$48.5k (1%)
Panama$9.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Trinidad and Tobago WERE (2021 - 2022):
United States-$1.48M (-99.7%)
Netherlands-$1.11k (-98.3%)
Grenada-$477 (-74.8%)

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 Tool Sets were:
In 2022, Trinidad and Tobago's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $903
TOP IMPORT POTENTIALChina+ $74.6k

Tool Sets’s highest export potential is United States. With an export gap of $903.   Tool Sets’s highest import potential is China with an import gap of $74.6k.

See methodology.

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