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Trinidad and Tobago Trade Summary

2005

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 2005

Overall Exports and Imports for Trinidad and Tobago 2005

Exports and imports of Trinidad and Tobago in 2005 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,611 million.
  • The total value of imports (CIF) was 5,694 million.
  • At the HS6 digit level, 2,702 products were exported to 127 countries and 3,944 products were imported from 150 countries.

Trinidad and Tobago top 5 Export and Import partners 2005

Top five countries to which Trinidad and Tobago exported in 2005 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 5,631 million, with a partner share of 58.58 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 717 million, with a partner share of 7.46 percent.
  3. Trinidad and Tobago exports to France worth US$ 427 million, with a partner share of 4.44 percent.
  4. Trinidad and Tobago exports to Barbados worth US$ 415 million, with a partner share of 4.32 percent.
  5. Trinidad and Tobago exports to Guyana worth US$ 274 million, with a partner share of 2.85 percent.

Top five countries from which Trinidad and Tobago imported goods in 2005 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,660 million, with a partner share of 29.16 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 771 million, with a partner share of 13.55 percent.
  3. Trinidad and Tobago imports from Venezuela worth US$ 344 million, with a partner share of 6.03 percent.
  4. Trinidad and Tobago imports from Colombia worth US$ 320 million, with a partner share of 5.63 percent.
  5. Trinidad and Tobago imports from Nigeria worth US$ 289 million, with a partner share of 5.07 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2005

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 2,939,737.89 (US$ Thousands).
  2. Trinidad and Tobago exported Natural gas, liquefied , worth 1,972,028.91 (US$ Thousands).
  3. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth 1,450,596.77 (US$ Thousands).
  4. Trinidad and Tobago exported Anhydrous ammonia , worth 885,780.62 (US$ Thousands).
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth 708,820.93 (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 1,729,768.89 (US$ Thousands).
  2. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth 246,523.47 (US$ Thousands).
  3. Trinidad and Tobago imported Parts of machinery, plant and equipment of head , worth 191,881.12 (US$ Thousands).
  4. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth 182,335.06 (US$ Thousands).
  5. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth 111,764.32 (US$ Thousands).

Exports and Imports of Product Groups 2005

Exports and imports of products by stages of processing in 2005 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2005

Tariffs imposed by Trinidad and Tobago in 2005 are below

  • The maximum rate of tariff in percentage on any product was 731.99 percent.
  • The simple average tariff across all products was 10.46 percent.
  • The trade weighted average tariff was 8.30 .
  • The total duty free imports in thousands of US dollars were 3,202,654.85 and duty free tariff line items share was 24.63 percent.

Development Indicators 2005

Key Development Indicators of Trinidad and Tobago in 2005 are below

  • Trinidad and Tobago GDP in current US dollar was 15,982 million.
  • GNI per capita, Atlas method (current US$) was 10,590.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.02 .

Trade Indicators 2005

Trade Indicators for Trinidad and Tobago in 2005 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 2.89.
  • World Growth in percentage was 6.13 and Trinidad and Tobago Country Growth was 17.93 .