Trinidad and Tobago Balance of Trade2023 Data - 2024 Forecast

Name: Trinidad and Tobago Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Trinidad and Tobago,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Trinidad and Tobago recorded a trade surplus of 2618.60 USD Million in the third quarter of 2022. source: Central Bank of Trinidad and Tobago

Balance of Trade in Trinidad and Tobago averaged 720.06 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 June of 2023.

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Related	Last	Previous	Unit	Reference
Balance of Trade	2618.60	2501.50	USD Million	Sep 2022
Current Account	1610.00	1362.80	USD Million	Sep 2022
Current Account to GDP	4.50	-0.60	percent of GDP	Dec 2021
Exports	4539.90	4643.20	USD Million	Sep 2022
Imports	1921.30	2141.70	USD Million	Sep 2022
External Debt	32214.90	32317.00	TTD Million	Mar 2023

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.