Trinidad and Tobago recorded a trade surplus of 756.50 USD Million in the first quarter of 2019. Balance of Trade in Trinidad and Tobago averaged 657.98 USD Million from 1995 until 2019, 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 1250.68 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 830.00 in 12 months time. In the long-term, the Trinidad and Tobago Balance of Trade is projected to trend around 1275.49 USD Million in 2020, according to our econometric models.

Trinidad and Tobago Balance of Trade
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Forecast Data Chart
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Trinidad and Tobago Trade Last Previous Highest Lowest Unit
Balance of Trade 756.50 1048.80 3473.90 -396.00 USD Million [+]
Current Account 486.70 632.20 2984.00 -2461.90 USD Million [+]
Current Account to GDP 5.60 5.90 38.59 -12.14 percent [+]
Imports 1589.40 1344.30 3976.90 415.70 USD Million [+]
Exports 2345.90 2393.10 6226.80 486.10 USD Million [+]
Gold Reserves 1.94 1.90 1.94 1.86 Tonnes [+]
Terrorism Index 0.12 0.25 2.23 0.00 [+]
External Debt 25763.80 25966.70 26223.30 6215.20 TTD Million [+]
Crude Oil Production 59.51 59.16 156.00 51.00 BBL/D/1K [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
756.50 1048.80 3473.90 -396.00 1995 - 2019 USD Million Quarterly




Country Last Previous
Argentina 1744.00 Sep/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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