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Trinidad and Tobago Trade Summary

2019

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 2019

Overall Exports and Imports for Trinidad and Tobago 2019

Exports and imports of Trinidad and Tobago in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,192 million.
  • The total value of imports (CIF) was 6,339 million.
  • At the HS6 digit level, 2,615 products were exported to 135 countries and 3,732 products were imported from 179 countries.

Trinidad and Tobago top 5 Export and Import partners 2019

Top five countries to which Trinidad and Tobago exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 2,739 million, with a partner share of 38.08 percent.
  2. Trinidad and Tobago exports to Spain worth US$ 504 million, with a partner share of 7.01 percent.
  3. Trinidad and Tobago exports to Guyana worth US$ 410 million, with a partner share of 5.70 percent.
  4. Trinidad and Tobago exports to Peru worth US$ 284 million, with a partner share of 3.94 percent.
  5. Trinidad and Tobago exports to Mexico worth US$ 261 million, with a partner share of 3.63 percent.

Top five countries from which Trinidad and Tobago imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 2,662 million, with a partner share of 41.99 percent.
  2. Trinidad and Tobago imports from China worth US$ 570 million, with a partner share of 8.99 percent.
  3. Trinidad and Tobago imports from Brazil worth US$ 284 million, with a partner share of 4.49 percent.
  4. Trinidad and Tobago imports from Netherlands worth US$ 251 million, with a partner share of 3.96 percent.
  5. Trinidad and Tobago imports from United Kingdom worth US$ 215 million, with a partner share of 3.39 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2019

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 Natural gas, liquefied , worth US$ 1,146,395.22 million.
  2. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth US$ 1,114,808.23 million.
  3. Trinidad and Tobago exported Methanol (methyl alcohol) , worth US$ 955,184.04 million.
  4. Trinidad and Tobago exported Anhydrous ammonia , worth US$ 880,347.24 million.
  5. Trinidad and Tobago exported Ferrous products obtained by direct reduction o , worth US$ 599,051.91 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, etc, (excl. crude); preparation , worth US$ 1,036,603.17 million.
  2. Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth US$ 303,230.13 million.
  3. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 146,104.06 million.
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth US$ 134,724.12 million.
  5. Trinidad and Tobago imported Other medicaments of mixed or unmixed products, , worth US$ 116,248.01 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Trinidad and Tobago in 2019 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 2019

Key Development Indicators of Trinidad and Tobago in 2019 are below

  • Trinidad and Tobago GDP in current US dollar was 23,850 million.
  • GNI per capita, Atlas method (current US$) was 15,620.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 11.44 .

Trade Indicators 2019

Trade Indicators for Trinidad and Tobago in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 2.59.
  • World Growth in percentage was -1.73 and Trinidad and Tobago Country Growth was -5.41 .