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Trinidad and Tobago Trade Summary

2004

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 2004

Overall Exports and Imports for Trinidad and Tobago 2004

Exports and imports of Trinidad and Tobago in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,517 million.
  • The total value of imports (CIF) was 4,870 million.
  • At the HS6 digit level, 2,655 products were exported to 127 countries and 3,941 products were imported from 144 countries.

Trinidad and Tobago top 5 Export and Import partners 2004

Top five countries to which Trinidad and Tobago exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 4,549 million, with a partner share of 69.81 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 245 million, with a partner share of 3.75 percent.
  3. Trinidad and Tobago exports to Barbados worth US$ 213 million, with a partner share of 3.27 percent.
  4. Trinidad and Tobago exports to France worth US$ 166 million, with a partner share of 2.54 percent.
  5. Trinidad and Tobago exports to Mexico worth US$ 137 million, with a partner share of 2.10 percent.

Top five countries from which Trinidad and Tobago imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,684 million, with a partner share of 34.58 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 509 million, with a partner share of 10.45 percent.
  3. Trinidad and Tobago imports from Germany worth US$ 482 million, with a partner share of 9.90 percent.
  4. Trinidad and Tobago imports from United Kingdom worth US$ 260 million, with a partner share of 5.34 percent.
  5. Trinidad and Tobago imports from Japan worth US$ 187 million, with a partner share of 3.84 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2004

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 Natural gas, liquefied , worth US$ 1,969,081.45 million.
  2. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 915,076.30 million.
  3. Trinidad and Tobago exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 897,479.86 million.
  4. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 818,030.87 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 501,230.21 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$ 836,292.74 million.
  2. Trinidad and Tobago imported Distilling or rectifying plant , worth US$ 424,259.82 million.
  3. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 336,104.69 million.
  4. Trinidad and Tobago imported Floating or submersible drilling or production , worth US$ 143,058.74 million.
  5. Trinidad and Tobago imported Knives and blades for agricultural, horticultur , worth US$ 137,819.25 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Trinidad and Tobago in 2004 are below

  • The maximum rate of tariff in percentage on any product was 825.11 percent.
  • The simple average tariff across all products was 10.54 percent.
  • The trade weighted average tariff was 6.23 .
  • The total duty free imports in thousands of US dollars were 2,453,114.14 and duty free tariff line items share was 24.14 percent.

Development Indicators 2004

Key Development Indicators of Trinidad and Tobago in 2004 are below

  • Trinidad and Tobago GDP in current US dollar was 13,280 million.
  • GNI per capita, Atlas method (current US$) was 9,190.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.21 .

Trade Indicators 2004

Trade Indicators for Trinidad and Tobago in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.52.
  • Index of export market penetration was 2.77.
  • World Growth in percentage was 10.40 and Trinidad and Tobago Country Growth was 11.01 .