Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Trinidad and Tobago
Trinidad and Tobago
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
21 530 16 352 -1.8 6 014 36.8
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
106 82 136 110
Imports
129 103 117 91
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 5 216 4 671
2010-2020 -7 -3
2020 0.03
Share in world total imports (%)
Share in world total exports (%)
2019 -32 -18
2020 -27 -26 2020 0.03
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 1.2
Fuels and mining products: 55.5
Agricultural products: 14.7
Fuels and mining products: 26.1
Manufactures: 41.3
Other: 2
Manufactures: 55.3
Other: 3.9
By main destination, % (2015)
By main origin, % (2015)
United States of America: 41.7 Argentina: 6.8 Peru: 3.9
European Union: 9.7 Colombia: 4.1 Other: 33.8
United States of America: 32 European Union: 7.6 Colombia: 5.5
Gabon: 12.5 China: 7.1 Other: 35.3
Agricultural Products Value
Top exported products (Million US$) HS2202 HS2402 HS2208 HS1904 HS1905
2015 . 87 48 41 41 28
Waters containing added sugar Cigars, cheroots, cigarillos Alcohol of less than 80% volume Prepared foods from cereals Bread, pastry, other bakers' wares
Value
Top imported products (Million US$) HS2106 HS2309 HS0402 HS2202 HS0406
2015
Other food preparations Preparations of a kind used in animal feeding Milk and cream, concentrated Waters containing added sugar Cheese and curd
66 44 41 41 38
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS2202
HS2106
HS2402
HS2309
HS2208
HS0402
HS1904
HS2202
HS1905
HS0406
5%
10%
Million US$ Exports Imports
Value
2015 399 1 035
Annual percentage change
2010-2015 9 8
2014 3 8
2015 8 -2
Non-Agricultural Products Value
Top exported products (Million US$) HS2711 HS2814 HS2710 HS2905 HS3102
2015
Petroleum gases Ammonia Petroleum oils, other than crude Acyclic alcohols, their derivatives Nitrogenous fertilisers
3 120 1 650 1 260 1 162 505
Value
Top imported products (Million US$) HS2709 HS8703 HS2601 HS8704 HS8904
2015
Petroleum oils, crude Motor cars for transport of persons Iron ores and concentrates Motor vehicles for goods transport Tugs and pusher craft
2 629 366 247 195 176
Share in economy's trade in non-agricultural products Exports 0%
364
20%
Imports 40%
0%
HS2711
HS2709
HS2814
HS8703
HS2710
HS2601
HS2905
HS8704
HS3102
HS8904
20%
40%
Million US$ Exports Imports
Value
2015 10 351 8 254
Annual percentage change
2010-2015 -1 7
2014 -13 -9
2015 -27 -20
World Trade Organization – Trade Profiles 2021
Trinidad and Tobago TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
481 1 396 2020 0.01
Share in world total exports (%) Breakdown in economy's total exports
-6 14
2019
2020
-1 -25
-39 -25 2020 0.03
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 24.8 Other commercial services: 37.9
Travel: 37.3 Goods-related services: 0
Transport: 31.7 Other commercial services: 65.9
By main destination
Travel: 2.3 Goods-related services: 0
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Trinidad and Tobago
300
World
200 100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 119 443
Exports By sea (2020) By air (2020) By other (2019)
Value 72 46 0
2010-2020 -6 14
Share (%)
Annual percentage change 2019 -24 -9
Imports By sea (2020) By air (2020) By other (2019)
60.7 38.8 0.0
2020 -26 -24
Value
Share (%)
423 22 0
95.5 4.9 0.0
Travel Trinidad and Tobago
200
World
Value
Million US$ Exports Imports
100 0
2010
2013
2016
2020 180 33
2010-2020 -9 -7
Annual percentage change 2019 2 -12
2020 -59 -62
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 8.8
7.6
26.1
Insurance & pension
57.6
Other business services Intellectual property
Value
Other commercial services Exports Imports
2010-2020
Annual percentage change 2019
2020
22 -32
-6 -22
2010-2019
2018
2019
na -100
na na
na na
182 920
-1 18
2019
Goods-related services Exports Imports
Other
2020
0 0
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
1
Non-residents
112
Trademark applications, 2019 Total
113
World Trade Organization – Trade Profiles 2021
Residents
389
Non-residents
886
Industrial design applications, 2019 Total
1 275
Residents
7
Non-residents
4
Total
11
365