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Export Market

Trinidad and Tobago

ISO: TT / TTO

Country Profile

Capital Port of Spain
Population 1.4M
GDP $25.6B (2024)
GDP per Capita $18,733
Income Level High Income
Currency Trinidad and Tobago dollar (TTD $)
Language English
Timezone UTC-04:00
Region North America · Caribbean

Trade Partners

Trinidad and Tobago Exports To

  • USA 28.0%
  • China 7.0%
  • Guyana 5.0%
  • Chile 5.0%
  • Netherlands 5.0%

Key exports: natural gas, alcohols, ammonia, crude petroleum, iron reductions (2023)

Trinidad and Tobago Imports From

  • USA 29.0%
  • Guyana 27.0%
  • China 8.0%
  • Brazil 4.0%
  • Canada 3.0%

Key imports: railway cargo containers, refined petroleum, cars, iron ore, excavation machinery (2023)

Economic Overview

high-income Caribbean economy; major hydrocarbon exporter; key tourism and finance sectors; high inflation and growing public debt; long foreign currency access delays; large foreign reserves and sovereign wealth fund

Government: parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Trinidad and Tobago, providing preferential market access for UK exporters.

Trade Barriers

3 active barriers affecting UK exporters

Tariffs on alcoholic beverages beyond Trinidad and Tobago's WTO bound rates

Trinidad and Tobago charges tariffs (customs duties) on alcoholic beverages that are significantly beyond its World Trade Organization (WTO) maximum rates (known as bound rates). This puts UK exporters of these products, especially spirits, at a competitive disadvantage against Trinidad …

Sectors: Food and drink

Reported: 28 Jul 2021

Product registration for new pharmaceutical products in Trinidad and Tobago affecting UK exporters/investors

The process for registering new pharmaceuticals at the Chemistry Food and Drugs Division (CFDD) in Trinidad and Tobago can take up to three to five years to register a new pharmaceuticals in the market. With new treatments being released regularly, …

Sectors: Healthcare services, Pharmaceuticals and biotechnology

Reported: 13 May 2019

Lack of legislation regarding parallel imports of pharmaceutical products in Trinidad and Tobago

Parallel imports negatively affect the UK pharmaceutical businesses' profits, and can put consumer's health at risk in the market. This is largely because some pharmaceuticals require special handling, storage and labelling, the absence of which can change the make-up of …

Sectors: Healthcare services, Pharmaceuticals and biotechnology

Reported: 13 May 2019

Geographic Region

Latin America and Caribbean

Trading Bloc Memberships

Trinidad and Tobago is a member of the following trade agreements and economic blocs.

CARICOM Caribbean Community Economic Union UK Agreement

Export Guidance

Relevant guidance for exporting to Trinidad and Tobago.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇷 Argentina 🇧🇸 Bahamas FTA 🇧🇧 Barbados FTA 🇧🇿 Belize FTA 🇧🇴 Bolivia 🇧🇷 Brazil 🇨🇱 Chile FTA 🇨🇴 Colombia FTA

Official Resources

Government export support for Trinidad and Tobago.

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