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Trinidad and Tobago Trade Summary

1998

Trinidad and Tobago exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR TRINIDAD AND TOBAGO 1998

Overall Exports and Imports for Trinidad and Tobago 1998

Exports and imports of Trinidad and Tobago in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,264 million.
  • The total value of imports (CIF) was 3,011 million.
  • At the HS6 digit level, 2,108 products were exported to 103 countries and 2,763 products were imported from 129 countries.

Trinidad and Tobago top 5 Export and Import partners 1998

Top five countries to which Trinidad and Tobago exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 903 million, with a partner share of 39.89 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 237 million, with a partner share of 10.46 percent.
  3. Trinidad and Tobago exports to Barbados worth US$ 127 million, with a partner share of 5.60 percent.
  4. Trinidad and Tobago exports to France worth US$ 113 million, with a partner share of 4.97 percent.
  5. Trinidad and Tobago exports to Guyana worth US$ 84 million, with a partner share of 3.70 percent.

Top five countries from which Trinidad and Tobago imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,355 million, with a partner share of 44.98 percent.
  2. Trinidad and Tobago imports from Venezuela worth US$ 213 million, with a partner share of 7.08 percent.
  3. Trinidad and Tobago imports from Colombia worth US$ 172 million, with a partner share of 5.70 percent.
  4. Trinidad and Tobago imports from United Kingdom worth US$ 148 million, with a partner share of 4.91 percent.
  5. Trinidad and Tobago imports from Japan worth US$ 145 million, with a partner share of 4.81 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Trinidad and Tobago along with trade value are:

  1. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 253,100.59 million.
  2. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 248,193.63 million.
  3. Trinidad and Tobago exported Bars & rods, i/nas, hr,in irreg wound coils,cnt , worth US$ 187,618.99 million.
  4. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 147,514.75 million.
  5. Trinidad and Tobago exported Urea , worth US$ 49,601.63 million.

The top five imported HS 6 digit level products from world by Trinidad and Tobago along with trade value are

  1. Trinidad and Tobago imported Petroleum oils and oils obtained from bituminou , worth US$ 359,461.66 million.
  2. Trinidad and Tobago imported Distilling or rectifying plant , worth US$ 283,003.87 million.
  3. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 59,372.00 million.
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 55,107.44 million.
  5. Trinidad and Tobago imported Machinery, plant or laboratory equip for treat , worth US$ 50,504.95 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Trinidad and Tobago in 1998 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1998

Key Development Indicators of Trinidad and Tobago in 1998 are below

  • Trinidad and Tobago GDP in current US dollar was 6,044 million.
  • GNI per capita, Atlas method (current US$) was 4,410.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 15.34 .

Trade Indicators 1998

Trade Indicators for Trinidad and Tobago in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 2.38.
  • World Growth in percentage was -0.47 and Trinidad and Tobago Country Growth was -6.03 .