Trinidad and Tobago Trade Summary

2007 Data

Trinidad and Tobago exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 13,396
No. Of products: 2,492
No. Of partners: 132
Importsmore »
Imports (in US$ Mil): 7,663
No. Of products: 3,796
No. Of partners: 168

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Natural gas, liquefi ...4,132,424.01
Petroleum oils, etc, ...2,173,084.07
Petroleum oils and o ...1,711,821.92
Anhydrous ammonia1,189,886.03
Methanol (methyl alc ...969,928.97
Imports (US$ Thousands)
Petroleum oils and o ...2,376,016.89
Agglomerated iron or ...442,382.76
Petroleum oils, etc, ...184,599.15
Automobiles with rec ...136,927.98
Diesel powered truck ...93,905.60

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States7,735 57.74
Jamaica610 4.56
Spain532 3.97
Dominican Republic354 2.64
Germany307 2.29
Exporter Trade (US$ Mil) Partner share(%)
United States1,925 25.12
Brazil815 10.63
Colombia678 8.85
Gabon521 6.80
Congo, Rep.440 5.74

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,123 15.85 3,099 40.44 0.79
Intermediate goods3,336 24.90 1,199 15.64 41.19
Consumer goods7,661 57.18 1,643 21.44 13.84
Capital goods276 2.06 1,716 22.39 2.67

Trade Indicators

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HH Market concentration index: 0.38
Index of export market penetration: 2.95
World Growth: 7.24
Country Growth: 4.68

Tariffs

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No Of Tariff Agreement: 5
Maximum Rate (%): 642.38
Simple Average (%): 8.81
Weighted Average (%): 10.34
Duty Free Imports (US$ Thousand): 5,532,461.17
Duty Free Tariff Lines Share (%): 51.39

Development Indicators

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GDP (current US$ Mil): 21,642
GNI per capita, Atlas method (current US$): 14,990.00
Trade Balance (% of GDP): 28.83
Trade Balance (current US$ Mil): 6,240.00
Trade in services (% of GDP): 6.04
Trade (% of GDP): 102.87