Trinidad and Tobago Trade Summary

2008 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): 18,650
No. Of products: 2,479
No. Of partners: 130
Importsmore »
Imports (in US$ Mil): 9,591
No. Of products: 3,769
No. Of partners: 164

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...5,132,936.07
Natural gas, liquefi ...4,861,064.55
Petroleum oils and o ...2,067,620.81
Anhydrous ammonia1,774,914.04
Methanol (methyl alc ...1,058,802.64
Imports (US$ Thousands)
Petroleum oils and o ...3,145,574.36
Distilling or rectif ...268,884.31
Agglomerated iron or ...266,406.68
Petroleum oils, etc, ...212,713.69
Non-agglomerated iro ...197,852.35

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States8,581 46.01
Jamaica1,250 6.70
Spain1,163 6.24
Mexico591 3.17
Netherlands564 3.02
Exporter Trade (US$ Mil) Partner share(%)
United States2,303 24.02
Brazil1,127 11.75
Colombia760 7.93
Gabon586 6.11
Russian Federation488 5.09

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,653 14.23 3,907 40.74 0.80
Intermediate goods4,127 22.13 1,632 17.01 61.07
Consumer goods11,527 61.80 1,923 20.05 14.00
Capital goods343 1.84 2,123 22.13 2.11

Trade Indicators

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HH Market concentration index: 0.24
Index of export market penetration: 2.82
World Growth: 7.47
Country Growth: 14.75

Tariffs

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No Of Tariff Agreement: 5
Maximum Rate (%): 615.13
Simple Average (%): 8.76
Weighted Average (%): 13.99
Duty Free Imports (US$ Thousand): 7,024,212.22
Duty Free Tariff Lines Share (%): 51.71

Development Indicators

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GDP (current US$ Mil): 27,870
GNI per capita, Atlas method (current US$): 17,330.00
Trade Balance (% of GDP): 27.21
Trade Balance (current US$ Mil): 7,583.00
Trade in services (% of GDP): 4.53
Trade (% of GDP): 101.11