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Trinidad and Tobago Trade Summary

2003

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 2003

Overall Exports and Imports for Trinidad and Tobago 2003

Exports and imports of Trinidad and Tobago in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,241 million.
  • The total value of imports (CIF) was 3,942 million.
  • At the HS6 digit level, 2,692 products were exported to 124 countries and 3,977 products were imported from 155 countries.

Trinidad and Tobago top 5 Export and Import partners 2003

Top five countries to which Trinidad and Tobago exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 2,875 million, with a partner share of 54.85 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 356 million, with a partner share of 6.79 percent.
  3. Trinidad and Tobago exports to France worth US$ 233 million, with a partner share of 4.45 percent.
  4. Trinidad and Tobago exports to Barbados worth US$ 205 million, with a partner share of 3.91 percent.
  5. Trinidad and Tobago exports to Guyana worth US$ 151 million, with a partner share of 2.88 percent.

Top five countries from which Trinidad and Tobago imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,203 million, with a partner share of 30.52 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 355 million, with a partner share of 9.00 percent.
  3. Trinidad and Tobago imports from Venezuela worth US$ 266 million, with a partner share of 6.76 percent.
  4. Trinidad and Tobago imports from Germany worth US$ 227 million, with a partner share of 5.77 percent.
  5. Trinidad and Tobago imports from Gabon worth US$ 197 million, with a partner share of 5.01 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2003

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 1,617,307.07 (US$ Thousands).
  2. Trinidad and Tobago exported Natural gas, liquefied , worth 957,724.55 (US$ Thousands).
  3. Trinidad and Tobago exported Anhydrous ammonia , worth 457,543.75 (US$ Thousands).
  4. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth 446,037.67 (US$ Thousands).
  5. Trinidad and Tobago exported Other oils and oil products, nes , worth 326,207.67 (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 960,295.13 (US$ Thousands).
  2. Trinidad and Tobago imported Distilling or rectifying plant , worth 281,981.31 (US$ Thousands).
  3. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth 104,902.12 (US$ Thousands).
  4. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth 98,065.34 (US$ Thousands).
  5. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth 69,847.37 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Trinidad and Tobago in 2003 are below

  • The maximum rate of tariff in percentage on any product was 70 percent.
  • The simple average tariff across all products was 9.78 percent.
  • The trade weighted average tariff was 5.46 .
  • The total duty free imports in thousands of US dollars were 2,216,461.06 and duty free tariff line items share was 27.20 percent.

Development Indicators 2003

Key Development Indicators of Trinidad and Tobago in 2003 are below

  • Trinidad and Tobago GDP in current US dollar was 11,305 million.
  • GNI per capita, Atlas method (current US$) was 7,650.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.38 .

Trade Indicators 2003

Trade Indicators for Trinidad and Tobago in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.45.
  • Index of export market penetration was 2.82.
  • World Growth in percentage was 7.11 and Trinidad and Tobago Country Growth was 23.88 .