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Trinidad and Tobago Trade Summary

2016

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 2016

Overall Exports and Imports for Trinidad and Tobago 2016

Exports and imports of Trinidad and Tobago in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,609 million.
  • The total value of imports (CIF) was 8,049 million.
  • At the HS6 digit level, 2,520 products were exported to 140 countries and 3,773 products were imported from 194 countries.

Trinidad and Tobago top 5 Export and Import partners 2016

Top five countries to which Trinidad and Tobago exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 3,170 million, with a partner share of 41.66 percent.
  2. Trinidad and Tobago exports to Chile worth US$ 438 million, with a partner share of 5.75 percent.
  3. Trinidad and Tobago exports to Brazil worth US$ 355 million, with a partner share of 4.67 percent.
  4. Trinidad and Tobago exports to Singapore worth US$ 297 million, with a partner share of 3.91 percent.
  5. Trinidad and Tobago exports to Netherlands worth US$ 246 million, with a partner share of 3.24 percent.

Top five countries from which Trinidad and Tobago imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 2,534 million, with a partner share of 31.48 percent.
  2. Trinidad and Tobago imports from Russian Federation worth US$ 943 million, with a partner share of 11.71 percent.
  3. Trinidad and Tobago imports from Gabon worth US$ 668 million, with a partner share of 8.30 percent.
  4. Trinidad and Tobago imports from China worth US$ 597 million, with a partner share of 7.41 percent.
  5. Trinidad and Tobago imports from Brazil worth US$ 371 million, with a partner share of 4.61 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2016

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 Anhydrous ammonia , worth US$ 1,655,521.90 million.
  2. Trinidad and Tobago exported Natural gas, liquefied , worth US$ 1,447,048.75 million.
  3. Trinidad and Tobago exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 690,756.99 million.
  4. Trinidad and Tobago exported Mixtures of urea and ammonium nitrate in aqueou , worth US$ 671,472.08 million.
  5. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 649,824.91 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$ 2,003,815.82 million.
  2. Trinidad and Tobago imported Cargo vessels nes and other vessels for the tra , worth US$ 218,470.18 million.
  3. Trinidad and Tobago imported Non-agglomerated iron ores and concentrates , worth US$ 216,814.18 million.
  4. Trinidad and Tobago imported Tankers , worth US$ 210,698.64 million.
  5. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 173,866.91 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Trinidad and Tobago in 2016 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2016

Key Development Indicators of Trinidad and Tobago in 2016 are below

  • Trinidad and Tobago GDP in current US dollar was 23,496 million.
  • GNI per capita, Atlas method (current US$) was 16,510.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 15.70 .

Trade Indicators 2016

Trade Indicators for Trinidad and Tobago in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 2.69.
  • World Growth in percentage was -1.38 and Trinidad and Tobago Country Growth was -17.18 .