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Trinidad and Tobago Trade Summary

2018

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 2018

Overall Exports and Imports for Trinidad and Tobago 2018

Exports and imports of Trinidad and Tobago in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,530 million.
  • The total value of imports (CIF) was 7,717 million.
  • At the HS6 digit level, 2,588 products were exported to 139 countries and 3,692 products were imported from 172 countries.

Trinidad and Tobago top 5 Export and Import partners 2018

Top five countries to which Trinidad and Tobago exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 2,965 million, with a partner share of 28.16 percent.
  2. Trinidad and Tobago exports to Mexico worth US$ 933 million, with a partner share of 8.86 percent.
  3. Trinidad and Tobago exports to Peru worth US$ 529 million, with a partner share of 5.03 percent.
  4. Trinidad and Tobago exports to Jamaica worth US$ 417 million, with a partner share of 3.96 percent.
  5. Trinidad and Tobago exports to Guyana worth US$ 414 million, with a partner share of 3.93 percent.

Top five countries from which Trinidad and Tobago imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 1,850 million, with a partner share of 23.97 percent.
  2. Trinidad and Tobago imports from Russian Federation worth US$ 1,036 million, with a partner share of 13.42 percent.
  3. Trinidad and Tobago imports from China worth US$ 702 million, with a partner share of 9.10 percent.
  4. Trinidad and Tobago imports from Colombia worth US$ 639 million, with a partner share of 8.28 percent.
  5. Trinidad and Tobago imports from Brazil worth US$ 465 million, with a partner share of 6.02 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2018

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$ 2,504,029.64 million.
  2. Trinidad and Tobago exported Natural gas, liquefied , worth US$ 1,617,818.28 million.
  3. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 1,398,674.36 million.
  4. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 1,054,599.66 million.
  5. Trinidad and Tobago exported Floating docks and vessels which perform specia , worth US$ 713,769.55 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$ 2,336,570.99 million.
  2. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 288,436.57 million.
  3. Trinidad and Tobago imported Machinery, plant or laboratory equip for treat , worth US$ 176,614.62 million.
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 121,422.47 million.
  5. Trinidad and Tobago imported Other medicaments of mixed or unmixed products, , worth US$ 121,248.80 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Trinidad and Tobago in 2018 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 2018

Key Development Indicators of Trinidad and Tobago in 2018 are below

  • Trinidad and Tobago GDP in current US dollar was 24,322 million.
  • GNI per capita, Atlas method (current US$) was 15,260.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 13.74 .

Trade Indicators 2018

Trade Indicators for Trinidad and Tobago in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.60.
  • World Growth in percentage was 4.83 and Trinidad and Tobago Country Growth was 12.37 .