Trinidad and Tobago recorded a trade surplus of 2335.10 USD Million in the first quarter of 2022. source: Central Bank of Trinidad and Tobago

Balance of Trade in Trinidad and Tobago averaged 684.08 USD Million from 1995 until 2022, reaching an all time high of 3473.90 USD Million in the first quarter of 2013 and a record low of -396.00 USD Million in the third quarter of 2013. This page provides the latest reported value for - Trinidad and Tobago Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Trinidad and Tobago Balance of Trade - values, historical data and charts - was last updated on December of 2022.

Balance of Trade in Trinidad and Tobago is expected to be 1185.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago Balance of Trade is projected to trend around 1113.00 USD Million in 2023 and 1275.00 USD Million in 2024, according to our econometric models.

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Trinidad and Tobago Balance of Trade



Related Last Previous Unit Reference
Balance of Trade 2335.10 1683.80 USD Million Mar 2022
Current Account 1626.90 1387.80 USD Million Mar 2022
Current Account to GDP 10.20 -6.40 percent of GDP Dec 2021
Exports 4048.00 3384.40 USD Million Mar 2022
Imports 1712.90 1700.60 USD Million Mar 2022
External Debt 31984.80 31828.10 TTD Million Aug 2022

Trinidad and Tobago Balance of Trade
Trinidad and Tobago mainly exports natural gas and oil, ammonia, alcohols, iron, fertilizers, and iron and steel. Trinidad and Tobago mainly imports oil, iron ore, fuel, vehicles, water heaters, ethyl alcohol, iron and steel, pumps and catalysts. Trinidad and Tobago’s main trading partner is the United States, accounting for around 45 percent of total trade. Others include Jamaica, Spain, Colombia, Mexico, the Netherlands, Russia and the Dominican Republic.
Actual Previous Highest Lowest Dates Unit Frequency
2335.10 1683.80 3473.90 -396.00 1995 - 2022 USD Million Quarterly