Curaçao (CUW) and Trinidad and Tobago (TTO) Trade | The Observatory of Economic Complexity

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Curaçao-Trinidad and Tobago Trade: In 2022, Curaçao exported $1.3M to Trinidad and Tobago. The main products that Curaçao exported to Trinidad and Tobago were Carbonates ($310k), Packaged Medicaments ($264k), and Low-voltage Protection Equipment ($94.8k). Over the past 5 years the exports of Curaçao to Trinidad and Tobago have decreased at an annualized rate of 5.46%, from $1.73M in 2017 to $1.3M in 2022.

In 2022, Curaçao did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Curaçao Trade: In 2022, Trinidad and Tobago exported $3.34M to Curaçao. The main products that Trinidad and Tobago exported to Curaçao were Margarine ($708k), Flavored Water ($491k), and Prepared Cereals ($411k). Over the past 5 years the exports of Trinidad and Tobago to Curaçao have decreased at an annualized rate of 42.4%, from $52.7M in 2017 to $3.34M in 2022.

In 2022, Trinidad and Tobago did not export any services to Curaçao.

Comparison In 2022, Curaçao ranked 181 in total exports ($255M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Curaçao exported $1.3M to Trinidad and Tobago. The main products exported from Curaçao to Trinidad and Tobago were Carbonates ($310k), Packaged Medicaments ($264k), and Low-voltage Protection Equipment ($94.8k). During the last 5 years the exports of Curaçao to Trinidad and Tobago have decreased at an annualized rate of 5.46%, from $1.73M in 2017 to $1.3M in 2022.

In 2017, Trinidad and Tobago exported $3.34M to Curaçao. The main products exported from Trinidad and Tobago to Curaçao were Margarine ($708k), Flavored Water ($491k), and Prepared Cereals ($411k). During the last 5 years the exports of Trinidad and Tobago to Curaçao have decreased at an annualized rate of 42.4%, from $52.7M in 2022 to $3.34M in 2017.

Exports from Curaçao () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Curaçao () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Curaçao
Top DestinationUnited States$43.3M

Trinidad and Tobago
Top DestinationUnited States$4.91B

This map shows whether countries import more from Curaçao or Trinidad and Tobago. Each country is colored based on the difference in imports they receive from Curaçao and Trinidad and Tobago or the difference in the growth in imports.

In 2022, countries that imported more from Curaçao than Trinidad and Tobago included Costa Rica ($40.8M), Guatemala ($18.2M), and Aruba ($15.7M).

In 2022, countries that imported more from Trinidad and Tobago than Curaçao included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago () and Curaçao () (2022)

Comparative Advantage Curaçao - Trinidad and Tobago

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Curaçao and Trinidad and Tobago by product, considering products traded by both, Curaçao and Trinidad and Tobago.

During 2022, Curaçao had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($597k), Textiles ($370k), and Machines ($265k).

During 2017, Trinidad and Tobago had a large net trade with Curaçao in the exports of Foodstuffs ($1.34M), Animal and Vegetable Bi-Products ($708k), and Paper Goods ($432k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Curaçao and Trinidad and Tobago. This means that a dot/product with the flag of Curaçao indicates it has a comparative advantage over Trinidad and Tobago. Similarly, a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over Curaçao.

About

Historical Data

Bilateral Trade by Products

Exports from Curaçao () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Curaçao () (2022)

Market Competitiveness

Difference in imports from Trinidad and Tobago () and Curaçao () (2022)

Comparative Advantage Curaçao - Trinidad and Tobago

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Curaçao () and Trinidad and Tobago () (2022)

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