Country import demand

Trinidad and Tobago
import demand

A reported view of Trinidad and Tobago's import scale, sector demand, supplier breadth, economy, and trade history.

TTO1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$7.5B2024 reported
Import growth+3.6%Year on year
Population1.4MReported population
GDP per capita$18.7KCurrent-dollar GDP
Trade openness86.1%Exports + imports / GDP

The country import read

What does Trinidad and Tobago import?

In 2024, Trinidad and Tobago recorded $7.5B in reported imports. Imports changed +3.6% year on year and +10.6% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$10.0B
2014
$9.1B
2015
$7.8B
2016
$7.1B
2017
$6.3B
2018
$6.8B
2019
$6.1B
2020
$5.0B
2021
$5.6B
2022
$7.1B
2023
$7.3B
2024
$7.5B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$25.6B2024 macro context
GDP growth1.8%Five-year CAGR
Population growth0.1%Five-year CAGR
Investment rate23.2%National rate
Savings rate25.1%National rate
Trade openness86.1%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Trinidad and Tobago
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$1.4B18.5%6239
2Organic chemicalsHS2 29$30.2M0.4%48244
3Inorganic chemicalsHS2 28$33.6M0.4%52139
4Iron and steelHS2 72$148.7M2%50141
5FertilisersHS2 31$6.7M0.1%2824
6BeveragesHS2 22$68.5M0.9%7824
7Preparations of cerealsHS2 19$73.6M1%5619
8Miscellaneous edible preparationsHS2 21$109.3M1.5%7116
9Paper and paperboardHS2 48$106.9M1.4%7799
10PlasticsHS2 39$262.5M3.5%103125

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,143.4Partner HHI
Top 3 partner share41.1%Reported concentration
FTA partner markets43Reported count
Average distance8,997 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3TTO
Exports Usd$10.5B
Imports Usd$7.5B
Trade Balance Usd$3.0B
Yoy Exports Growth Pct1.3%
Yoy Imports Growth Pct3.6%
Exports Cagr 3y Pct1%
Imports Cagr 3y Pct10.6%
Export Partner Hhi1,143.4
Export Product Hhi1,279.9
Momentum Score1.2
Risk Score12.1
Gdp Million Usd25,633.5 million USD
Gdp Per Capita Usd$18.7K
Population1,368,333
Labor Force659.7
Investment Rate Pct23.2%
Savings Rate Pct25.1%
Secondary Education Pct82.2%
Tertiary Education Pct13.5%
Total Factor Productivity983
Trade Openness Pct86.1%
Exports Gdp Pct50.2%
Num Active Partners270
Num Fta Partners43
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners77%
Avg Partner Distance Km8,997 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta16
Pct Partners Shared Language28.5%
Pct Partners Shared Border0%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km8,808 km
Num Border Partners0
Num Colonial Partners25
Avg Substitution Elasticity-9.1
Pct Products High Elasticity71.5
Pct Products Low Elasticity3.2
Real Market Potential218,951.1
Foreign Market Potential14,085.3

Supplier context

Country Iso3TTO
All History Lane Count2,388
Current Lane Count613
Critical Lane Count19
High Attention Lane Count156
High Volatility Lane Count291
Unrecovered Drawdown Lane Count241
Declining Demand Lane Count0
Concentrated Market Lane Count356
Access Friction Lane Count99
Buyer Macro Weakness Lane Count15
Monitored Exports Current Usd$9.7B
Attention Exports Usd$7.7B
Critical Exports Usd$1.6B
High Volatility Exports Usd$2.4B
Unrecovered Drawdown Exports Usd$3.4B
Non Fta Exports Usd$6.4B
Monitored Attention Share Pct79.3%
Monitored Critical Share Pct16.6%
Fta Covered Exports Share Pct34.2%
Export Weighted Volatility Cv0.9
Export Weighted Below Peak Pct38.3%
Export Weighted Distance Km5,625 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$10.5B
Total Imports Latest Usd$7.5B
Trade Balance Latest Usd$3.0B
Exports Yoy Latest Pct1.3%
Exports Cagr 3y Latest Pct1%
Gdp Latest Million Usd25,633.5 million USD
Gdp Per Capita Latest Usd$18.7K
Population Latest1,368,333
Investment Rate Latest Pct23.2%
Savings Rate Latest Pct25.1%
Trade Openness Latest Pct86.1%
Exports Gdp Latest Pct50.2%
Active Partners Latest270
Fta Partners Latest43
Foreign Market Potential Latest14,085.3
Gdp 5y Cagr Pct1.8%
Gdp Per Capita 5y Cagr Pct1.7%
Population 5y Cagr Pct0.1%
Partner Hhi Latest1,143.4
Partner Top1 Share Latest Pct31.2%
Partner Top3 Share Latest Pct41.1%
Partner Hhi All Avg2,141.6
Partner Hhi All Max4,836.7
Product Hhi Latest1,279.9
Product Top1 Share Latest Pct23.2%
Product Top3 Share Latest Pct53.6%
Product Hhi All Avg1,228.6
Product Hhi All Max1,809.6
Total Exports Attention Share Pct73.1%
Total Exports Critical Share Pct15.3%
Attention LevelCritical attention
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$1.6B$2.5B$835.1M+0%
1996$1.9B$2.5B$617.9M+18.4%
1997$2.7B$2.7B-$23.0M+40.3%
1998$2.6B$2.4B-$209.0M-4%
1999$2.5B$2.9B$459.5M-4.6%
2000$3.2B$4.2B$1.0B+27.2%
2001$3.9B$4.4B$539.0M+22.5%
2002$3.2B$4.2B$1.0B-17.5%
2003$3.7B$6.1B$2.5B+15%
2004$4.6B$7.6B$3.0B+24.3%
2005$5.0B$10.9B$5.9B+9.9%
2006$5.7B$13.9B$8.2B+14.4%
2007$6.6B$14.0B$7.5B+14.4%
2008$8.7B$19.3B$10.6B+33%
2009$6.3B$10.5B$4.2B-27.6%
2010$6.1B$12.8B$6.8B-3.9%
2011$8.4B$17.3B$8.9B+39.4%
2012$9.2B$15.8B$6.6B+8.7%
2013$10.0B$18.7B$8.8B+8.6%
2014$9.1B$16.5B$7.4B-9.2%
2015$7.8B$11.4B$3.6B-13.8%
2016$7.1B$8.1B$1.1B-9.7%
2017$6.3B$9.4B$3.1B-10.7%
2018$6.8B$11.5B$4.7B+8.2%
2019$6.1B$9.3B$3.2B-10.7%
2020$5.0B$6.7B$1.7B-17.6%
2021$5.6B$10.2B$4.6B+11.2%
2022$7.1B$16.4B$9.2B+27.5%
2023$7.3B$10.4B$3.1B+2.3%
2024$7.5B$10.5B$3.0B+3.6%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$1.4B18.5%6239
229Organic chemicals$30.2M0.4%48244
328Inorganic chemicals$33.6M0.4%52139
472Iron and steel$148.7M2%50141
531Fertilisers$6.7M0.1%2824
622Beverages$68.5M0.9%7824
719Preparations of cereals$73.6M1%5619
821Miscellaneous edible preparations$109.3M1.5%7116
948Paper and paperboard$106.9M1.4%7799
1039Plastics$262.5M3.5%103125

Questions about this profile

Trinidad and Tobago import demand, in context

Short answers for import and supplier research.

What does the Trinidad and Tobago import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Trinidad and Tobago.

What is the latest reported import value for Trinidad and Tobago?

Trinidad and Tobago recorded $7.5B in reported imports in 2024.

Which sectors lead Trinidad and Tobago's imports?

Mineral fuels leads by reported import value at $1.4B.

How many years of Trinidad and Tobago import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.