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Trinidad and Tobago Trade Summary

2012

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 2012

Overall Exports and Imports for Trinidad and Tobago 2012

Exports and imports of Trinidad and Tobago in 2012 are below, along with number of countries and products

  • The total value of exports (FoB) was 12,864 million.
  • The total value of imports (CIF) was 11,604 million.
  • At the HS6 digit level, 2,466 products were exported to 140 countries and 3,762 products were imported from 175 countries.

Trinidad and Tobago top 5 Export and Import partners 2012

Top five countries to which Trinidad and Tobago exported in 2012 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 6,158 million, with a partner share of 47.87 percent.
  2. Trinidad and Tobago exports to Argentina worth US$ 626 million, with a partner share of 4.86 percent.
  3. Trinidad and Tobago exports to Netherlands worth US$ 512 million, with a partner share of 3.98 percent.
  4. Trinidad and Tobago exports to Jamaica worth US$ 503 million, with a partner share of 3.91 percent.
  5. Trinidad and Tobago exports to Israel worth US$ 364 million, with a partner share of 2.83 percent.

Top five countries from which Trinidad and Tobago imported goods in 2012 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 3,589 million, with a partner share of 30.93 percent.
  2. Trinidad and Tobago imports from Colombia worth US$ 1,469 million, with a partner share of 12.66 percent.
  3. Trinidad and Tobago imports from Gabon worth US$ 1,234 million, with a partner share of 10.64 percent.
  4. Trinidad and Tobago imports from Russian Federation worth US$ 798 million, with a partner share of 6.88 percent.
  5. Trinidad and Tobago imports from Brazil worth US$ 573 million, with a partner share of 4.94 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2012

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$ 2,797,762.26 million.
  2. Trinidad and Tobago exported Natural gas, liquefied , worth US$ 1,803,770.55 million.
  3. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 1,790,974.80 million.
  4. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 1,414,791.66 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 879,928.62 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$ 4,025,090.57 million.
  2. Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 817,125.45 million.
  3. Trinidad and Tobago imported Warships, lifeboats, hospital ships and vessels , worth US$ 377,064.76 million.
  4. Trinidad and Tobago imported Non-agglomerated iron ores and concentrates , worth US$ 351,949.86 million.
  5. Trinidad and Tobago imported Floating docks and vessels which perform specia , worth US$ 287,019.74 million.

Exports and Imports of Product Groups 2012

Exports and imports of products by stages of processing in 2012 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2012

Tariffs imposed by Trinidad and Tobago in 2012 are below

  • The maximum rate of tariff in percentage on any product was 406.43 percent.
  • The simple average tariff across all products was 11.47 percent.
  • The trade weighted average tariff was 8.66 .
  • The total duty free imports in thousands of US dollars were 301,175.93 and duty free tariff line items share was 7.78 percent.

Development Indicators 2012

Key Development Indicators of Trinidad and Tobago in 2012 are below

  • Trinidad and Tobago GDP in current US dollar was 27,122 million.
  • GNI per capita, Atlas method (current US$) was 16,750.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 14.34 .

Trade Indicators 2012

Trade Indicators for Trinidad and Tobago in 2012 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 2.89.
  • World Growth in percentage was -0.02 and Trinidad and Tobago Country Growth was -1.38 .