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Trinidad and Tobago Trade Summary

2022

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 2022

Overall Exports and Imports for Trinidad and Tobago 2022

Exports and imports of Trinidad and Tobago in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,529 million.
  • The total value of imports (CIF) was 6,203 million.
  • At the HS6 digit level, 1,771 products were exported to 115 countries and 3,701 products were imported from 190 countries.

Trinidad and Tobago top 5 Export and Import partners 2022

Top five countries to which Trinidad and Tobago exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Trinidad and Tobago exports to United States worth US$ 4,862 million, with a partner share of 42.18 percent.
  2. Trinidad and Tobago exports to Belgium worth US$ 831 million, with a partner share of 7.21 percent.
  3. Trinidad and Tobago exports to Morocco worth US$ 728 million, with a partner share of 6.31 percent.
  4. Trinidad and Tobago exports to Spain worth US$ 605 million, with a partner share of 5.25 percent.
  5. Trinidad and Tobago exports to Brazil worth US$ 442 million, with a partner share of 3.83 percent.

Top five countries from which Trinidad and Tobago imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Trinidad and Tobago imports from United States worth US$ 2,446 million, with a partner share of 39.44 percent.
  2. Trinidad and Tobago imports from China worth US$ 749 million, with a partner share of 12.08 percent.
  3. Trinidad and Tobago imports from Brazil worth US$ 350 million, with a partner share of 5.65 percent.
  4. Trinidad and Tobago imports from Canada worth US$ 227 million, with a partner share of 3.66 percent.
  5. Trinidad and Tobago imports from Turkey worth US$ 154 million, with a partner share of 2.48 percent.

Trinidad and Tobago Top 5 Productsexports imports at HS 6 digit level 2022

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 3,684,303.61 (US$ Thousands).
  2. Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth 2,059,983.53 (US$ Thousands).
  3. Trinidad and Tobago exported Methanol (methyl alcohol) , worth 1,770,746.81 (US$ Thousands).
  4. Trinidad and Tobago exported Natural gas, liquefied , worth 1,116,833.14 (US$ Thousands).
  5. Trinidad and Tobago exported Ferrous products obtained by direct reduction o , worth 852,485.77 (US$ Thousands).

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 Agglomerated iron ores and concentrates , worth 438,060.50 (US$ Thousands).
  2. Trinidad and Tobago imported Aircraft nes of an unladen weight exceeding 15, , worth 389,665.64 (US$ Thousands).
  3. Trinidad and Tobago imported Other medicaments of mixed or unmixed products, , worth 128,414.89 (US$ Thousands).
  4. Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth 91,467.63 (US$ Thousands).
  5. Trinidad and Tobago imported Diesel powered trucks with a GVW not exceeding , worth 76,097.49 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Trinidad and Tobago in 2022 are below

  • The maximum rate of tariff in percentage on any product was 78.84 percent.
  • The simple average tariff across all products was 9.02 percent.
  • The trade weighted average tariff was 7.51 .
  • The total duty free imports in thousands of US dollars were 3,339,438.77 and duty free tariff line items share was 47.37 percent.

Development Indicators 2022

Key Development Indicators of Trinidad and Tobago in 2022 are below

  • Trinidad and Tobago GDP in current US dollar was 27,899 million.
  • GNI per capita, Atlas method (current US$) was 16,330.00 .
  • Trinidad and Tobago Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 14.64 .

Trade Indicators 2022

Trade Indicators for Trinidad and Tobago in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.36.
  • World Growth in percentage was 5.18 and Trinidad and Tobago Country Growth was 30.02 .