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Exports In 2022, Trinidad and Tobago exported $1.35M in Packaged Medicaments, making it the 125th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 110th most exported product in Trinidad and Tobago. The main destination of Packaged Medicaments exports from Trinidad and Tobago are: Belize ($361k), Barbados ($198k), Grenada ($193k), Antigua and Barbuda ($136k), and Saint Kitts and Nevis ($109k).

The fastest growing export markets for Packaged Medicaments of Trinidad and Tobago between 2021 and 2022 were Saint Kitts and Nevis ($12.6k), Montserrat ($5.72k), and Curaçao ($2.92k).

Imports In 2022, Trinidad and Tobago imported $113M in Packaged Medicaments, becoming the 128th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Packaged Medicaments primarily from: India ($20.2M), United States ($8.95M), Italy ($6.47M), Panama ($6.22M), and Canada ($6.12M).

The fastest growing import markets in Packaged Medicaments for Trinidad and Tobago between 2021 and 2022 were India ($9.16M), Guyana ($4.69M), and Mexico ($3.37M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.35M
IMPORTS (2022)$113M
NET TRADE (2022)-$112M

In 2022, Trinidad and Tobago exported $1.35M in Packaged Medicaments. The main destinations of Trinidad and Tobago exports on Packaged Medicaments were Belize ($361k), Barbados ($198k), Grenada ($193k), Antigua and Barbuda ($136k), and Saint Kitts and Nevis ($109k).

In 2022, Trinidad and Tobago imported $113M in Packaged Medicaments, mainly from India ($20.2M), United States ($8.95M), Italy ($6.47M), Panama ($6.22M), and Canada ($6.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Trinidad and Tobago WERE (2021 - 2022):
Montserrat$5.72k (51.8%)
Curaçao$2.92k (85.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Trinidad and Tobago WERE (2021 - 2022):
Jamaica-$187k (-100%)
Suriname-$158k (-72.7%)
Antigua and Barbuda-$132k (-49.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Trinidad and Tobago's main exporting competitors in Packaged Medicaments were:
In 2022, Trinidad and Tobago's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $6.15k
TOP IMPORT POTENTIALIndia+ $5.46M

Packaged Medicaments’s highest export potential is United Kingdom. With an export gap of $6.15k.   Packaged Medicaments’s highest import potential is India with an import gap of $5.46M.

See methodology.

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