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Trinidad and Tobago Trade Summary

2002

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 2002

Overall Exports and Imports for Trinidad and Tobago 2002

Exports and imports of Trinidad and Tobago in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,853 million.
  • The total value of imports (CIF) was 3,661 million.
  • At the HS6 digit level, 2,696 products were exported to 130 countries and 3,950 products were imported from 147 countries.

Trinidad and Tobago top 5 Export and Import partners 2002

Top five countries to which Trinidad and Tobago exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 1,942 million, with a partner share of 50.39 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 293 million, with a partner share of 7.59 percent.
  3. Trinidad and Tobago exports to Barbados worth US$ 179 million, with a partner share of 4.63 percent.
  4. Trinidad and Tobago exports to France worth US$ 176 million, with a partner share of 4.57 percent.
  5. Trinidad and Tobago exports to Spain worth US$ 92 million, with a partner share of 2.39 percent.

Top five countries from which Trinidad and Tobago imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,243 million, with a partner share of 33.94 percent.
  2. Trinidad and Tobago imports from Venezuela worth US$ 397 million, with a partner share of 10.84 percent.
  3. Trinidad and Tobago imports from Germany worth US$ 252 million, with a partner share of 6.89 percent.
  4. Trinidad and Tobago imports from Brazil worth US$ 209 million, with a partner share of 5.71 percent.
  5. Trinidad and Tobago imports from Japan worth US$ 160 million, with a partner share of 4.38 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2002

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, etc, (excl. crude); preparation , worth 1,159,688.90 (US$ Thousands).
  2. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth 598,207.37 (US$ Thousands).
  3. Trinidad and Tobago exported Natural gas, liquefied , worth 381,456.91 (US$ Thousands).
  4. Trinidad and Tobago exported Anhydrous ammonia , worth 334,348.88 (US$ Thousands).
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth 190,381.48 (US$ Thousands).

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 949,138.53 (US$ Thousands).
  2. Trinidad and Tobago imported Distilling or rectifying plant , worth 263,130.37 (US$ Thousands).
  3. Trinidad and Tobago imported Aircraft nes of an unladen weight exceeding 15, , worth 132,754.76 (US$ Thousands).
  4. Trinidad and Tobago imported Floating docks and vessels which perform specia , worth 68,607.22 (US$ Thousands).
  5. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth 57,892.15 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Trinidad and Tobago in 2002 are below

  • The maximum rate of tariff in percentage on any product was 70 percent.
  • The simple average tariff across all products was 9.74 percent.
  • The trade weighted average tariff was 4.92 .
  • The total duty free imports in thousands of US dollars were 2,025,449.60 and duty free tariff line items share was 27.11 percent.

Development Indicators 2002

Key Development Indicators of Trinidad and Tobago in 2002 are below

  • Trinidad and Tobago GDP in current US dollar was 9,008 million.
  • GNI per capita, Atlas method (current US$) was 6,420.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 11.22 .

Trade Indicators 2002

Trade Indicators for Trinidad and Tobago in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.34.
  • Index of export market penetration was 2.83.
  • World Growth in percentage was 3.38 and Trinidad and Tobago Country Growth was 5.92 .