2022
PRODUCT COMPLEXITY IN Excavation Machinery
1.1Rnk 137 / 1025

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Exports In 2022, Trinidad and Tobago exported N/A in Excavation Machinery, making it the 78th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 39th most exported product in Trinidad and Tobago. The main destination of Excavation Machinery exports from Trinidad and Tobago are: Suriname ($4.7M), Denmark ($1.98M), Senegal ($909k), Norway ($227k), and United States ($130k).

The fastest growing export markets for Excavation Machinery of Trinidad and Tobago between 2021 and 2022 were Denmark ($1.97M), Senegal ($726k), and Suriname ($254k).

Imports In 2022, Trinidad and Tobago imported $140M in Excavation Machinery, becoming the 60th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 4th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Excavation Machinery primarily from: Suriname ($75M), United States ($41.6M), South Korea ($5.11M), China ($4.6M), and United Kingdom ($2.72M).

The fastest growing import markets in Excavation Machinery for Trinidad and Tobago between 2021 and 2022 were Suriname ($31M), South Korea ($4.97M), and Germany ($1.37M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Excavation Machinery from Trinidad and Tobago to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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IMPORTS (2022)$140M

In N/A, Trinidad and Tobago exported N/A in Excavation Machinery. The main destinations of Trinidad and Tobago exports on Excavation Machinery were Suriname ($4.7M), Denmark ($1.98M), Senegal ($909k), Norway ($227k), and United States ($130k).

In 2022, Trinidad and Tobago imported $140M in Excavation Machinery, mainly from Suriname ($75M), United States ($41.6M), South Korea ($5.11M), China ($4.6M), and United Kingdom ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Denmark$1.97M (13.4k%)
Senegal$726k (397%)
Suriname$254k (5.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Trinidad and Tobago WERE (2021 - 2022):
United States-$23.8M (-99.5%)
Mexico-$3.64M (-100%)
United Kingdom-$2.34M (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Trinidad and Tobago's main exporting competitors in Excavation Machinery were:
In 2022, Trinidad and Tobago's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

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