Merchandise exports by the reporting economy, residual in Trinidad and Tobago
Trinidad and Tobago: Merchandise exports by the reporting economy, residual was 0.1% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Trinidad and Tobago, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports by the reporting economy, residual in Trinidad and Tobago is 0.1%, measured in 2023.
The figure is up 169.3% on the previous year and down 87.1% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Trinidad and Tobago peaked at 3.2% in 1991 and was at its lowest, 0.0%, in 2018.
That places Trinidad and Tobago 26th out of 206 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Trinidad and Tobago, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.4% | — |
| 1961 | 0.3% | -40.7% |
| 1962 | 0.3% | +8.8% |
| 1963 | 0.3% | -8.5% |
| 1964 | 0.3% | +3.1% |
| 1965 | 0.2% | -10.5% |
| 1966 | 0.3% | +33.2% |
| 1967 | 0.2% | -22.8% |
| 1968 | 0.3% | +3.8% |
| 1969 | 0.4% | +64.9% |
| 1970 | 0.3% | -33.1% |
| 1971 | 0.3% | -6.4% |
| 1972 | 0.4% | +33.5% |
| 1973 | 0.3% | -23.2% |
| 1974 | 0.3% | -6.0% |
| 1975 | 0.1% | -58.2% |
| 1976 | 0.1% | -49.0% |
| 1977 | 0.1% | +104.9% |
| 1978 | 0.1% | +32.9% |
| 1979 | 0.1% | -30.4% |
| 1980 | 0.1% | -38.2% |
| 1981 | 0.2% | +146.2% |
| 1982 | 0.4% | +180.4% |
| 1983 | 0.1% | -77.8% |
| 1984 | 0.1% | -22.4% |
| 1985 | 0.1% | +67.8% |
| 1986 | 0.5% | +293.2% |
| 1987 | 1.0% | +107.6% |
| 1988 | 0.9% | -17.6% |
| 1989 | 1.7% | +99.0% |
| 1990 | 2.5% | +47.2% |
| 1991 | 3.2% | +28.3% |
| 1992 | 2.0% | -39.2% |
| 1993 | 1.0% | -47.2% |
| 1994 | 1.7% | +63.7% |
| 1995 | 1.3% | -23.1% |
| 1996 | 2.0% | +53.4% |
| 1997 | 2.0% | -0.4% |
| 1998 | 2.5% | +24.2% |
| 1999 | 1.3% | -46.8% |
| 2000 | 0.9% | -35.1% |
| 2001 | 1.2% | +42.4% |
| 2002 | 0.6% | -47.8% |
| 2003 | 0.8% | +26.4% |
| 2004 | 0.3% | -67.0% |
| 2005 | 0.3% | +18.0% |
| 2006 | 0.1% | -67.9% |
| 2007 | 0.1% | +0.6% |
| 2008 | 0.1% | +19.0% |
| 2009 | 0.1% | -35.0% |
| 2010 | 0.4% | +360.2% |
| 2011 | 0.9% | +153.5% |
| 2012 | 0.1% | -86.7% |
| 2013 | 0.5% | +297.0% |
| 2014 | 0.2% | -55.6% |
| 2015 | 0.4% | +84.2% |
| 2016 | 0.9% | +115.0% |
| 2017 | 0.2% | -71.4% |
| 2018 | 0.0% | -100.0% |
| 2019 | 0.1% | — |
| 2020 | 0.0% | -64.5% |
| 2021 | 0.0% | -57.7% |
| 2022 | 0.0% | +34.8% |
| 2023 | 0.1% | +169.3% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.1% is above the median for high income countries, which is 0.0%, 31.9× the median. (74 countries reporting)
- Trinidad and Tobago's 0.1% is below the median for Latin America & Caribbean, which is 0.1%, 98% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.4% | 10 |
| 1970s | 0.2% | 0.1% | 0.4% | 10 |
| 1980s | 0.5% | 0.1% | 1.7% | 10 |
| 1990s | 2.0% | 1.0% | 3.2% | 10 |
| 2000s | 0.5% | 0.1% | 1.2% | 10 |
| 2010s | 0.4% | 0.0% | 0.9% | 10 |
| 2020s | 0.0% | 0.0% | 0.1% | 4 |
Countries ranked near Trinidad and Tobago
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 16.4% (2024)
- Manufactures imports 61.9% (2024)
- Merchandise imports 5.80 billion current US$ (2025)
- Food exports 8.2% (2024)
- Manufactures exports 59.1% (2024)
- Merchandise exports 6.82 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2627 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -13.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Trinidad and Tobago?
- Merchandise exports by the reporting economy, residual in Trinidad and Tobago was 0.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Trinidad and Tobago?
- The highest recorded value was 3.2% in 1991.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Trinidad and Tobago?
- The lowest recorded value was 0.0% in 2018.
- How does Trinidad and Tobago rank for merchandise exports by the reporting economy, residual?
- Trinidad and Tobago ranks 26th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 87.1%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.