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Trinidad and Tobago Trade Summary

2007

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 2007

Overall Exports and Imports for Trinidad and Tobago 2007

Exports and imports of Trinidad and Tobago in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,396 million.
  • The total value of imports (CIF) was 7,663 million.
  • At the HS6 digit level, 2,492 products were exported to 132 countries and 3,796 products were imported from 168 countries.

Trinidad and Tobago top 5 Export and Import partners 2007

Top five countries to which Trinidad and Tobago exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 7,735 million, with a partner share of 57.74 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 610 million, with a partner share of 4.56 percent.
  3. Trinidad and Tobago exports to Spain worth US$ 532 million, with a partner share of 3.97 percent.
  4. Trinidad and Tobago exports to Dominican Republic worth US$ 354 million, with a partner share of 2.64 percent.
  5. Trinidad and Tobago exports to Germany worth US$ 307 million, with a partner share of 2.29 percent.

Top five countries from which Trinidad and Tobago imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,925 million, with a partner share of 25.12 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 815 million, with a partner share of 10.63 percent.
  3. Trinidad and Tobago imports from Colombia worth US$ 678 million, with a partner share of 8.85 percent.
  4. Trinidad and Tobago imports from Gabon worth US$ 521 million, with a partner share of 6.80 percent.
  5. Trinidad and Tobago imports from Congo, Rep. worth US$ 440 million, with a partner share of 5.74 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2007

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$ 4,132,424.01 million.
  2. Trinidad and Tobago exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,173,084.07 million.
  3. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 1,711,821.92 million.
  4. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 1,189,886.03 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 969,928.97 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$ 2,376,016.89 million.
  2. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 442,382.76 million.
  3. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 184,599.15 million.
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 136,927.98 million.
  5. Trinidad and Tobago imported Diesel powered trucks with a GVW not exceeding , worth US$ 93,905.60 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Trinidad and Tobago in 2007 are below

  • The maximum rate of tariff in percentage on any product was 642.38 percent.
  • The simple average tariff across all products was 8.81 percent.
  • The trade weighted average tariff was 10.34 .
  • The total duty free imports in thousands of US dollars were 5,532,461.17 and duty free tariff line items share was 51.39 percent.

Development Indicators 2007

Key Development Indicators of Trinidad and Tobago in 2007 are below

  • Trinidad and Tobago GDP in current US dollar was 21,642 million.
  • GNI per capita, Atlas method (current US$) was 14,170.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 6.04 .

Trade Indicators 2007

Trade Indicators for Trinidad and Tobago in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.36.
  • Index of export market penetration was 2.95.
  • World Growth in percentage was 7.58 and Trinidad and Tobago Country Growth was 5.68 .