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Trinidad and Tobago Trade

Latest trade data available from various sources.
Trinidad and Tobago monthly trade data
Trinidad and Tobago quarterly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Trinidad and Tobago

Overall Exports and Imports for Trinidad and Tobago 2023

  • The total value of exports (FOB) is US$ 7,864 million.
  • The total value of imports (CIF) is US$ 9,160 million.
  • At the HS6 digit level, 2,609 products are exported to 133 countries and 3,685 products are imported from 170 countries.

Top 5 Products exports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Trinidad and Tobago along with trade value are:

  • Trinidad and Tobago exported Methanol (methyl alcohol) , worth 1,545,105.09 (US$ Thousands).
  • Trinidad and Tobago exported Anhydrous ammonia , worth 1,489,395.63 (US$ Thousands).
  • Trinidad and Tobago exported Petroleum oils and oils obtained from bituminou , worth 1,149,385.61 (US$ Thousands).
  • Trinidad and Tobago exported Natural gas, liquefied , worth 608,777.09 (US$ Thousands).
  • Trinidad and Tobago exported Ferrous products obtained by direct reduction o , worth 588,654.52 (US$ Thousands).

The top five imported HS 6 digit level products from world by Trinidad and Tobago along with trade value are

  • Trinidad and Tobago imported Petroleum oils, etc, (excl. crude); preparation , worth 3,313,748.69 (US$ Thousands).
  • Trinidad and Tobago imported Agglomerated iron ores and concentrates , worth 381,060.73 (US$ Thousands).
  • Trinidad and Tobago imported Automobiles with reciprocating piston engine di , worth 231,458.69 (US$ Thousands).
  • Trinidad and Tobago imported Other medicaments of mixed or unmixed products, , worth 121,333.30 (US$ Thousands).
  • Trinidad and Tobago imported Diesel powered trucks with a GVW not exceeding , worth 101,512.22 (US$ Thousands).

Trinidad and Tobago top 5 Export and Import partners 2023

The top five countries to which Trinidad and Tobago exported 2023 along with the partner share in percentage are:

  1. Trinidad and Tobago exports to United States worth US$ 2,690 million, with a partner share of 34.21 percent.
  2. Trinidad and Tobago exports to China worth US$ 382 million, with a partner share of 4.86 percent.
  3. Trinidad and Tobago exports to Guyana worth US$ 375 million, with a partner share of 4.77 percent.
  4. Trinidad and Tobago exports to Belgium worth US$ 356 million, with a partner share of 4.52 percent.
  5. Trinidad and Tobago exports to Morocco worth US$ 321 million, with a partner share of 4.09 percent.

The top five countries to which Trinidad and Tobago imported goods 2023 along with the share in percentage are

  1. Trinidad and Tobago imports from United States worth US$ 3,990 million, with a partner share of 43.56 percent.
  2. Trinidad and Tobago imports from China worth US$ 720 million, with a partner share of 7.86 percent.
  3. Trinidad and Tobago imports from Italy worth US$ 400 million, with a partner share of 4.36 percent.
  4. Trinidad and Tobago imports from Brazil worth US$ 391 million, with a partner share of 4.27 percent.
  5. Trinidad and Tobago imports from Japan worth US$ 243 million, with a partner share of 2.65 percent.

Trinidad and Tobago Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Trinidad and Tobago in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 895.31.
  • The simple average tariff across all products is 10.42.
  • The trade weighted average tariff is 9.14.
  • The total duty free imports in thousands of US dollars are 3,339,438.77 and duty free tariff line items share is 47.37.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 1.
  • No Of NTM Affected Products (HS 6 Digit) is 1.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Trinidad and Tobago World Development Indicators (WDI) 2023

Key Development Indicators of Trinidad and Tobago in 2023 are below

 WDI

Trinidad and Tobago Doing Business 2019

  • The ease of doing business rank for Trinidad and Tobago is 105.
  • The trade across border rank is 134.
 Doing Business

Trinidad and Tobago Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
 CPIA

Trinidad and TobagoLogistics Performance Index (LPI) 2016

  • The LPI score for Trinidad and Tobago in 2016 is 2.40.
  • The LPI rank is 121.
 LPI

Trinidad and Tobago Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Trinidad and Tobago is 10.90.
 SPRD