Trinidad and Tobago recorded a trade surplus of 690.20 USD Million in the third quarter of 2018. Balance of Trade in Trinidad and Tobago averaged 652.41 USD Million from 1995 until 2018, reaching an all time high of 3473.90 USD Million in the first quarter of 2013 and a record low of -396 USD Million in the third quarter of 2013.

Balance of Trade in Trinidad and Tobago is expected to be 1177.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Trinidad and Tobago to stand at 1251.00 in 12 months time. In the long-term, the Trinidad and Tobago Balance of Trade is projected to trend around 1275.00 USD Million in 2020, according to our econometric models.

Trinidad and Tobago Balance of Trade
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Trinidad and Tobago Trade Last Previous Highest Lowest Unit
Balance of Trade 690.20 891.50 3473.90 -396.00 USD Million [+]
Current Account 68.30 432.40 2984.00 -2461.90 USD Million [+]
Current Account to GDP 5.60 5.90 38.59 -12.14 percent [+]
Imports 1796.00 1758.40 3976.90 415.70 USD Million [+]
Exports 2486.30 2649.80 6226.80 486.10 USD Million [+]
Gold Reserves 1.90 1.90 1.93 1.86 Tonnes [+]
Terrorism Index 0.12 0.25 2.23 0.00 [+]
External Debt 25848.50 25827.20 25945.60 6215.20 TTD Million [+]
Crude Oil Production 59.00 60.00 156.00 56.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
690.20 891.50 3473.90 -396.00 1995 - 2018 USD Million Quarterly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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