2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$27.9BCURRENT US$
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2012-2022
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GDP GROWTH
2.87%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%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$
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About

Ireland-Trinidad and Tobago In 2022, Ireland exported $31.8M to Trinidad and Tobago. The main products that Ireland exported to Trinidad and Tobago are Concentrated Milk ($11.7M), Packaged Medicaments ($3.81M), and Frozen Bovine Meat ($3.38M). During the last 27 years the exports of Ireland to Trinidad and Tobago have increased at an annualized rate of 4.32%, from $10.2M in 1995 to $31.8M in 2022.

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

Trinidad and Tobago-Ireland In 2022, Trinidad and Tobago exported $5.55M to Ireland. The main products that Trinidad and Tobago exported to Ireland were Acyclic Alcohols ($4.22M), Chocolate ($1.01M), and Sauces and Seasonings ($166k). During the last 27 years the exports of Trinidad and Tobago to Ireland have increased at an annualized rate of 9.62%, from $465k in 1995 to $5.55M in 2022.

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

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27),  and 31 in total exports ($236B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $31.8M to Trinidad and Tobago. The main products exported from Ireland to Trinidad and Tobago were Concentrated Milk ($11.7M), Packaged Medicaments ($3.81M), and Frozen Bovine Meat ($3.38M). During the last 27 years the exports of Ireland to Trinidad and Tobago have increased at an annualized rate of 4.32%, from $10.2M in 1995 to $31.8M in 2022.

In 2022, Trinidad and Tobago exported $5.55M to Ireland. The main products exported from Trinidad and Tobago to Ireland were Acyclic Alcohols ($4.22M), Chocolate ($1.01M), and Sauces and Seasonings ($166k). During the last 27 years the exports of Trinidad and Tobago to Ireland have increased at an annualized rate of 9.62%, from $465k in 1995 to $5.55M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2021, countries that imported more from Ireland than Trinidad and Tobago were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Trinidad and Tobago than Ireland were Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

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

Comparative Advantage Ireland - Trinidad and Tobago

Flow
Scale

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

During 2022, Ireland had a large net trade with Trinidad and Tobago in the exports of Animal Products ($23M), Chemical Products ($5.19M), and Foodstuffs ($1.33M).

During 2022, Trinidad and Tobago had a large net trade with Ireland in the exports of Chemical Products ($4.26M), Foodstuffs ($1.24M), and Machines ($23.1k).

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

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

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