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Trade between Trinidad and Tobago and the United States

In 2024, Trinidad and Tobago exported $3.4 billion to the United States and imported $2.4 billion. Trinidad and Tobago ran a surplus of $1 billion with the United States, compared with a surplus of $740 million in 2019. The United States was Trinidad and Tobago’s largest trading partner (29% of its trade), and Trinidad and Tobago was the United States’ 64th (0.1%).

Summary

Trinidad and Tobago → United States
$3.4billion
United States → Trinidad and Tobago
$2.4billion
Trinidad and Tobago’s balance
$1billion

Balance

Trinidad and Tobago’s trade balance with the United States

Trade between Trinidad and Tobago and the United States grew 3-fold since 1995

USD billions (current). Trinidad and Tobago’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.4
  • Imports 2.4
  • Balance +1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.1 billion$856 million$239 million
1996$1.3 billion$966 million$355 million
1997$1.3 billion$1.8 billion-$416 million
1998$1.1 billion$1.5 billion-$353 million
1999$1.4 billion$1.1 billion$287 million
2000$2.2 billion$1.2 billion$1 billion
2001$2.6 billion$1.4 billion$1.3 billion
2002$2.4 billion$1.3 billion$1.2 billion
2003$4.7 billion$1.2 billion$3.5 billion
2004$5.9 billion$1.7 billion$4.1 billion
2005$7.5 billion$1.5 billion$6 billion
2006$8.8 billion$1.8 billion$7 billion
2007$9.6 billion$2 billion$7.6 billion
2008$9.5 billion$2.3 billion$7.2 billion
2009$6 billion$2 billion$4 billion
2010$7.3 billion$1.8 billion$5.5 billion
2011$8 billion$2.6 billion$5.4 billion
2012$8.7 billion$3.6 billion$5.1 billion
2013$7.9 billion$2.8 billion$5.1 billion
2014$6.4 billion$2.5 billion$3.9 billion
2015$5.3 billion$3 billion$2.3 billion
2016$3 billion$2.5 billion$500 million
2017$3.6 billion$1.8 billion$1.8 billion
2018$3.5 billion$1.9 billion$1.6 billion
2019$3.4 billion$2.6 billion$740 million
2020$2.7 billion$1.9 billion$769 million
2021$4.2 billion$2 billion$2.1 billion
2022$5.3 billion$2.5 billion$2.8 billion
2023$3.1 billion$4 billion-$855 million
2024$3.4 billion$2.4 billion$1 billion

What they sell each other

What Trinidad and Tobago sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$1.4 billion · 42%
    2.7 million tonnes · Trinidad and Tobago’s destinations
  2. Direct-reduced iron$618 million · 18.1%
    1.5 million tonnes
  3. Ammonia$388 million · 11.4%
    802 thousand tonnes · Trinidad and Tobago’s destinations
  4. Natural gas and LPG$369 million · 10.8%
    571 thousand tonnes
  5. Alcohols$186 million · 5.5%
    609 thousand tonnes
  6. Nitrogen fertilizers$128 million · 3.8%
    559 thousand tonnes
  7. Welded steel pipes$126 million · 3.7%
    2 thousand tonnes
  8. Other food preparations$18 million · 0.53%
    1 thousand tonnes
  9. Sauces and condiments$15 million · 0.45%
    3 thousand tonnes
  10. Fresh fish$13 million · 0.37%
    1 thousand tonnes

What the United States sells to Trinidad and Tobago

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$615 million · 25.6%
    310 thousand tonnes · the United States’ destinations
  2. Turbojets and gas turbines$62 million · 2.6%
    122 tonnes · the United States’ destinations
  3. Dredgers and floating cranes$53 million · 2.2%
    8 thousand tonnes
  4. Pet and animal feed$42 million · 1.7%
    66 thousand tonnes
  5. Valves and taps$41 million · 1.7%
    992 tonnes
  6. Other food preparations$34 million · 1.4%
    5 thousand tonnes
  7. 2 thousand tonnes
  8. Airplanes and helicopters$28 million · 1.2%
    42 tonnes · the United States’ destinations
  9. Eggs in shell$28 million · 1.2%
    4 thousand tonnes
  10. Wheat$26 million · 1.1%
    80 thousand tonnes · the United States’ destinations

How it travels

Estimated sea route from Port of Spain to Los Angeles.

The estimated sea route between Port of Spain and Los Angeles is 4,230 nautical miles (7,834 km) long: ≈ 10–12.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.2 billion · 90.4%
  2. Air$557 million · 9.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Trinidad and Tobago’s largest trading partner (29% of its trade), and Trinidad and Tobago was the United States’ 64th (0.1%).

The United States in Trinidad and Tobago’s trade
28.8%
The United States’ rank among Trinidad and Tobago’s partners
1st
Trinidad and Tobago in the United States’ trade
0.1%
Trinidad and Tobago’s rank among the United States’ partners
64th

Compare with

Other partners of Trinidad and Tobago

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.