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Trinidad and Tobago Trade Summary

2008

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 2008

Overall Exports and Imports for Trinidad and Tobago 2008

Exports and imports of Trinidad and Tobago in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 18,650 million.
  • The total value of imports (CIF) was 9,591 million.
  • At the HS6 digit level, 2,479 products were exported to 130 countries and 3,769 products were imported from 164 countries.

Trinidad and Tobago top 5 Export and Import partners 2008

Top five countries to which Trinidad and Tobago exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 8,581 million, with a partner share of 46.01 percent.
  2. Trinidad and Tobago exports to Jamaica worth US$ 1,250 million, with a partner share of 6.70 percent.
  3. Trinidad and Tobago exports to Spain worth US$ 1,163 million, with a partner share of 6.24 percent.
  4. Trinidad and Tobago exports to Mexico worth US$ 591 million, with a partner share of 3.17 percent.
  5. Trinidad and Tobago exports to Netherlands worth US$ 564 million, with a partner share of 3.02 percent.

Top five countries from which Trinidad and Tobago imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 2,303 million, with a partner share of 24.02 percent.
  2. Trinidad and Tobago imports from Brazil worth US$ 1,127 million, with a partner share of 11.75 percent.
  3. Trinidad and Tobago imports from Colombia worth US$ 760 million, with a partner share of 7.93 percent.
  4. Trinidad and Tobago imports from Gabon worth US$ 586 million, with a partner share of 6.11 percent.
  5. Trinidad and Tobago imports from Russian Federation worth US$ 488 million, with a partner share of 5.09 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2008

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 US$ 5,132,936.07 million.
  2. Trinidad and Tobago exported Natural gas, liquefied , worth US$ 4,861,064.55 million.
  3. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 2,067,620.81 million.
  4. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 1,774,914.04 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 1,058,802.64 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$ 3,145,574.36 million.
  2. Trinidad and Tobago imported Distilling or rectifying plant , worth US$ 268,884.31 million.
  3. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 266,406.68 million.
  4. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 212,713.69 million.
  5. Trinidad and Tobago imported Non-agglomerated iron ores and concentrates , worth US$ 197,852.35 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Trinidad and Tobago in 2008 are below

  • The maximum rate of tariff in percentage on any product was 615.13 percent.
  • The simple average tariff across all products was 8.76 percent.
  • The trade weighted average tariff was 13.99 .
  • The total duty free imports in thousands of US dollars were 7,024,212.22 and duty free tariff line items share was 51.71 percent.

Development Indicators 2008

Key Development Indicators of Trinidad and Tobago in 2008 are below

  • Trinidad and Tobago GDP in current US dollar was 27,872 million.
  • GNI per capita, Atlas method (current US$) was 16,370.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 4.53 .

Trade Indicators 2008

Trade Indicators for Trinidad and Tobago in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.23.
  • Index of export market penetration was 2.82.
  • World Growth in percentage was 7.43 and Trinidad and Tobago Country Growth was 14.56 .