2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH
2.87%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$18,222CURRENT US$
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2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 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

About

Trinidad and Tobago-Italy In 2022, Trinidad and Tobago exported $233M to Italy. The main products that Trinidad and Tobago exported to Italy are 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.

Italy-Trinidad and Tobago In 2022, Italy exported $534M to Trinidad and Tobago. The main products that Italy exported 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, Italy did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

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

Trinidad and Tobago Exports

Italy Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Italy
Top Destination
Germany$78.5B

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

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

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

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

Comparative Advantage Trinidad and Tobago - Italy

Flow
Scale

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

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).

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).

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 Trinidad and Tobago has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Trinidad and Tobago.

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

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