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2023
Flag → Flag
Exports $783MRnk 2 / 123
2023
Flag → Flag
Top Product $542MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag → Flag
Exports $558MRnk 147 / 208
2023
Flag → Flag
Top Product $21.9MCars
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 195
2023
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 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $20,016CURRENT US$
Rnk 64 / 195
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195
2023
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GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Trinidad and Tobago-China Trade: In 2023, Trinidad and Tobago exported $783M to China. The main products that Trinidad and Tobago exported to China were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($542M), Petroleum Gas ($209M), and Refined Petroleum ($21.3M). Over the past 5 years the exports of Trinidad and Tobago to China have increased at an annualized rate of 16.1%, from $371M in 2018 to $783M in 2023.

In 2023, Trinidad and Tobago did not export any services to China.

China-Trinidad and Tobago Trade: In 2023, China exported $558M to Trinidad and Tobago. The main products that China exported to Trinidad and Tobago were Cars ($21.9M), Rubber Tires ($21.5M), and Air Conditioners ($16.7M). Over the past 5 years the exports of China to Trinidad and Tobago have decreased at an annualized rate of 4.54%,  from $704M in 2018 to $558M in 2023.

In 2023, China did not export any services to Trinidad and Tobago.

Comparison In 2023,  Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Trinidad and Tobago exported $783M to China. The main products exported from Trinidad and Tobago to China were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($542M), Petroleum Gas ($209M), and Refined Petroleum ($21.3M). During the last 5 years the exports of Trinidad and Tobago to China have increased at an annualized rate of 16.1%, from $371M in 2018 to $783M in 2023.

In 2018, China exported $558M to Trinidad and Tobago. The main products exported from China to Trinidad and Tobago were Cars ($21.9M), Rubber Tires ($21.5M), and Air Conditioners ($16.7M). During the last 5 years the exports of China to Trinidad and Tobago have decreased at an annualized rate of 4.54%, from $704M in 2023 to $558M in 2018.

Exports from Trinidad and Tobago (Flag) to China (Flag) (2023)

Exports from China (Flag) to Trinidad and Tobago (Flag) (2023)

Latest Data

Trade between Trinidad and Tobago (Flag) and China (Flag)

Trinidad and Tobago Exports

China Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$3.26B
China
Top DestinationUnited States$436B

This map shows whether countries import more from Trinidad and Tobago or China. Each country is colored based on the difference in imports they receive from Trinidad and Tobago and China or the difference in the growth in imports.

In 2023, countries that imported more from Trinidad and Tobago than China included Barbados ($460M), Grenada ($84.7M), and Saint Vincent and the Grenadines ($40.2M).

In 2023, countries that imported more from China than Trinidad and Tobago included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Trinidad and Tobago (Flag) (2023)

Comparative Advantage Trinidad and Tobago - China

Flow
Scale

This chart compares trade between Trinidad and Tobago and China by product, considering products traded by both, Trinidad and Tobago and China.

During 2023, Trinidad and Tobago had a large net trade with China in the exports of Chemical Products ($542M), Mineral Products ($239M), and Metals ($1.68M).

During 2018, China had a large net trade with Trinidad and Tobago in the exports of Machines ($122M), Metals ($99.3M), and Plastics and Rubbers ($80.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago China+$252MPetroleum Gas
Top Product Potential China Trinidad and Tobago+$9.65MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and China. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and China (Flag) (2023)

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