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Trinidad and Tobago Trade Summary

2006

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 2006

Overall Exports and Imports for Trinidad and Tobago 2006

Exports and imports of Trinidad and Tobago in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,019 million.
  • The total value of imports (CIF) was 6,478 million.
  • At the HS6 digit level, 2,599 products were exported to 124 countries and 3,930 products were imported from 159 countries.

Trinidad and Tobago top 5 Export and Import partners 2006

Top five countries to which Trinidad and Tobago exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 8,143 million, with a partner share of 58.08 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 809 million, with a partner share of 5.77 percent.
  3. Trinidad and Tobago exports to Spain worth US$ 744 million, with a partner share of 5.31 percent.
  4. Trinidad and Tobago exports to Barbados worth US$ 468 million, with a partner share of 3.34 percent.
  5. Trinidad and Tobago exports to France worth US$ 442 million, with a partner share of 3.15 percent.

Top five countries from which Trinidad and Tobago imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,788 million, with a partner share of 27.60 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 899 million, with a partner share of 13.88 percent.
  3. Trinidad and Tobago imports from Congo, Rep. worth US$ 387 million, with a partner share of 5.98 percent.
  4. Trinidad and Tobago imports from Colombia worth US$ 385 million, with a partner share of 5.94 percent.
  5. Trinidad and Tobago imports from Nigeria worth US$ 384 million, with a partner share of 5.93 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2006

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$ 4,368,671.15 million.
  2. Trinidad and Tobago exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,828,414.96 million.
  3. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 2,103,105.91 million.
  4. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 902,348.50 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 890,052.43 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$ 2,142,311.71 million.
  2. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 228,095.11 million.
  3. Trinidad and Tobago imported Transmission apparatus, for radioteleph incorpo , worth US$ 131,029.26 million.
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 130,881.77 million.
  5. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 120,403.51 million.

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Trinidad and Tobago in 2006 are below

  • The maximum rate of tariff in percentage on any product was 659.65 percent.
  • The simple average tariff across all products was 9.97 percent.
  • The trade weighted average tariff was 12.26 .
  • The total duty free imports in thousands of US dollars were 3,758,674.44 and duty free tariff line items share was 27.74 percent.

Development Indicators 2006

Key Development Indicators of Trinidad and Tobago in 2006 are below

  • Trinidad and Tobago GDP in current US dollar was 18,369 million.
  • GNI per capita, Atlas method (current US$) was 12,560.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 6.41 .

Trade Indicators 2006

Trade Indicators for Trinidad and Tobago in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.40.
  • Index of export market penetration was 2.92.
  • World Growth in percentage was 7.64 and Trinidad and Tobago Country Growth was 7.35 .