Trinidad and Tobago: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Trinidad and Tobago's export value index (2015 = 100) rose 0.5 on 2023 (from 73 to 73.5).

Across the 18 yearly changes before that (2006 to 2023), the average change was −1.1 and a typical year strayed about 40.33 from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 54.8 in 2013 and the biggest yearly fall was 88.2 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Trinidad and Tobago had the 190th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Trinidad and Tobago in the 2024 ranking

• Haiti — 187th of 204: 80.7
• Sudan — 188th of 204: 75
• Botswana — 189th of 204: 73.6
• Samoa — 191st of 204: 67.2
• St. Kitts and Nevis — 192nd of 204: 61.2
• British Virgin Islands — 193rd of 204: 56.1

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• Antigua and Barbuda — 47.5 (2024)
• Argentina — 140.4 (2024)
• Aruba — 49.9 (2024)
• Bahamas, The — 159.1 (2024)
• Barbados — 95.4 (2024)
• Belize — 95.4 (2024)
• Bolivia — 103.8 (2024)
• Brazil — 180.4 (2024)
• British Virgin Islands — 56.1 (2024)
• Cayman Islands — 91 (2024)
• Chile — 159.9 (2024)

More trade data for Trinidad and Tobago

• Import volume index (2015 = 100) — 67.8 (2024)
• Import value index (2015 = 100) — 83.1 (2024)
• Net barter terms of trade index (2015 = 100) — 122.8 (2024)
• Export volume index (2015 = 100) — 48.9 (2024)
• Tariff rate, applied, simple mean, manufactured products (%) — 7.96% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 5.39% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 6.1% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 6.1% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Trinidad and Tobago's export value index (2015 = 100)?

73.5 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 20.8% from 92.8 in 2005 (1.22% a year on average, compounded). The highest value was 176 in 2013 and the lowest 51.5 in 2020.

How does Trinidad and Tobago rank?

190th highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Trinidad and Tobago?

In 2024, Trinidad and Tobago's export value index (2015 = 100) rose 0.5 on 2023 (from 73 to 73.5). Across the 18 yearly changes before that (2006 to 2023), the average change was −1.1 and a typical year strayed about 40.33 from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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