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2022
Flag → Flag
Exports $534MRnk 80 / 221
2022
Flag → Flag
Top Product $457MRefined Petroleum
2022
Flag → Flag
Exports $233MRnk 15 / 149
2022
Flag → Flag
Top Product $207MPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
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GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Italy-Trinidad and Tobago In 2022, Italy exported $534M to Trinidad and Tobago. The main products that Italy exported to Trinidad and Tobago are Refined Petroleum ($457M), Passenger and Cargo Ships ($10.1M), and Packaged Medicaments ($6.47M). During the last 27 years the exports of Italy to Trinidad and Tobago have increased at an annualized rate of 13.4%, from $18M in 1995 to $534M in 2022.

In 2022, Italy did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Italy In 2022, Trinidad and Tobago exported $233M to Italy. The main products that Trinidad and Tobago exported to Italy were Petroleum Gas ($207M), Acyclic Alcohols ($18.9M), and Nitrogen Heterocyclic Compounds ($5.78M). During the last 27 years the exports of Trinidad and Tobago to Italy have increased at an annualized rate of 8.12%, from $28.3M in 1995 to $233M in 2022.

In 2022, Trinidad and Tobago did not export any services to Italy.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24),  and 7 in total exports ($634B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Trinidad and Tobago, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Trinidad and Tobago were . In N/A the top imports of Italy from Trinidad and Tobago were .

Growth In N/A, the N/A in Italy's year-by-year exports to Trinidad and Tobago was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Trinidad and Tobago and Italy trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $534M to Trinidad and Tobago. The main products exported from Italy to Trinidad and Tobago were Refined Petroleum ($457M), Passenger and Cargo Ships ($10.1M), and Packaged Medicaments ($6.47M). During the last 27 years the exports of Italy to Trinidad and Tobago have increased at an annualized rate of 13.4%, from $18M in 1995 to $534M in 2022.

In 2022, Trinidad and Tobago exported $233M to Italy. The main products exported from Trinidad and Tobago to Italy were Petroleum Gas ($207M), Acyclic Alcohols ($18.9M), and Nitrogen Heterocyclic Compounds ($5.78M). During the last 27 years the exports of Trinidad and Tobago to Italy have increased at an annualized rate of 8.12%, from $28.3M in 1995 to $233M in 2022.

Exports from Italy (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2021, countries that imported more from Italy than Trinidad and Tobago were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Trinidad and Tobago than Italy were Jamaica ($430M), Guyana ($257M), and Barbados ($132M).

Difference in imports from Trinidad and Tobago (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Trinidad and Tobago

Flow
Scale

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

During 2022, Italy had a large net trade with Trinidad and Tobago in the exports of Mineral Products ($457M), Machines ($26.7M), and Transportation ($12.2M).

During 2022, Trinidad and Tobago had a large net trade with Italy in the exports of Mineral Products ($207M), Chemical Products ($24.7M), and Machines ($561k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Italy.

Product Space of Italy (Flag) and Trinidad and Tobago (Flag) (2022)

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