Country intelligence · TTO · 2024

Trinidad and Tobago trade profile

In 2024, Trinidad and Tobago recorded $10.5B in merchandise exports and $7.5B in imports, producing a $3.0B trade surplus. Exports changed +1.3% from the previous year, while imports changed +3.6%.[1]

Exports

$10.5B

+1.3%

Imports

$7.5B

+3.6%

Trade balance

$3.0B

surplus

Active partners

270

43 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$10.5B$7.5B$3.0B+1.3%
2023$10.4B$7.3B$3.1B-36.5%
2022$16.4B$7.1B$9.2B+60.4%
2021$10.2B$5.6B$4.6B+51.7%
2020$6.7B$5.0B$1.7B-27.6%
2019$9.3B$6.1B$3.2B-19.5%
2018$11.5B$6.8B$4.7B+22.1%
2017$9.4B$6.3B$3.1B+16.1%
2016$8.1B$7.1B$1.1B-28.7%
2015$11.4B$7.8B$3.6B-30.8%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

39 active HS6 lines · 65 export partners

$4.8B
2

HS 29 · Organic chemicals

244 active HS6 lines · 70 export partners

$1.7B
3

HS 28 · HS chapter

139 active HS6 lines · 60 export partners

$1.6B
4

HS 72 · HS chapter

141 active HS6 lines · 32 export partners

$641.0M
5

HS 31 · HS chapter

24 active HS6 lines · 30 export partners

$445.4M
6

HS 22 · HS chapter

24 active HS6 lines · 112 export partners

$164.2M
7

HS 19 · HS chapter

19 active HS6 lines · 42 export partners

$141.6M
8

HS 21 · HS chapter

16 active HS6 lines · 65 export partners

$91.4M

Leading export markets

Destinations rank bilateral export flows from Trinidad and Tobago; growth describes each corridor rather than the whole economy.

1

United States

Annual change +12.3% · 3-year CAGR -5.7%

$3.3B
2

Netherlands

Annual change +41.1% · 3-year CAGR 48.5%

$620.4M
3

Guyana

Annual change -24.7% · 3-year CAGR -15.3%

$418.8M
4

Morocco

Annual change +21.5% · 3-year CAGR 14.7%

$397.0M
5

Barbados

Annual change -6.9% · 3-year CAGR 26.8%

$349.8M
6

Chile

Annual change -8.5% · 3-year CAGR 19.4%

$346.8M
7

United Kingdom

Annual change +7.5% · 3-year CAGR 48.0%

$331.2M
8

Belgium

Annual change -6.7% · 3-year CAGR 1.4%

$308.9M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.