Trinidad and Tobago's fuel exports (% of merchandise exports) was 32.56% in 2025, the latest year in the World Bank's World Development Indicators. That is down 16.77 percentage points from 49.32% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 32.56% | 2025 |
| Five years earlier | 29.23% | 2020 |
| Ten years earlier | 49.32% | 2015 |
| Highest | 92.83% | 1980 |
| Lowest | 23.77% | 2021 |
| Average since 2016 | 36.24% | 2016–2025 |
| First recorded | 77.81% | 1968 |
What the numbers say
In 2025, Trinidad and Tobago's fuel exports (% of merchandise exports) rose 1.25 percentage points on 2024 (from 31.31% to 32.56%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.6 percentage points and a typical year strayed about 8.53 percentage points from that (the standard deviation). This year's change was 0.2 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 14.89 percentage points in 2017 and the biggest yearly fall was 13.93 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 2.32 percentage points a year. A straight line explains 43% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Trinidad and Tobago had the 15th highest value of the 99 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.
| Value | Year | |
|---|---|---|
| Trinidad and Tobago | 32.56% | 2025 |
| World | 9.47% | 2025 |
| Latin America & Caribbean | 8.8% | 2025 |
| High income | 10.4% | 2025 |
Closest to Trinidad and Tobago in the 2025 ranking
- Kazakhstan — 11th of 99: 54.51%
- Mozambique — 12th of 99: 54.22%
- Colombia — 13th of 99: 34.9%
- Australia — 15th of 99: 26.89%
- Canada — 16th of 99: 26.71%
- Greece — 17th of 99: 26.48%
What this measures
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.
Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Fuel exports (% of merchandise exports) |
|---|---|
| 2025 | 32.56 |
| 2024 | 31.31 |
| 2023 | 27.9 |
| 2022 | 28.82 |
| 2021 | 23.77 |
| 2020 | 29.23 |
| 2019 | 43.16 |
| 2018 | 54.81 |
| 2017 | 52.87 |
| 2016 | 37.99 |
| 2015 |
Fuel exports (% of merchandise exports) in nearby economies
- Antigua and Barbuda — 0% (2024)
- Argentina — 9.1% (2025)
- Aruba — 0.06% (2023)
- Bahamas, The — 0% (2024)
- Barbados — 4.79% (2025)
- Belize — 0.00968% (2025)
- Bolivia — 11.67% (2025)
- Brazil — 16.12% (2025)
- Chile — 0.88% (2025)
- Colombia — 34.9% (2025)
- Costa Rica
More private sector & trade data for Trinidad and Tobago
- Merchandise trade (% of GDP) — 48.62% (2025)
- Merchandise imports (current US$) — US$5.8 billion (2025)
- Merchandise exports (current US$) — US$6.82 billion (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 73.73% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 15.37% (2023)
- Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 10.84% (2023)
- Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Trinidad and Tobago's fuel exports (% of merchandise exports)?
- 32.56% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1968?
- It is down 45.25 percentage points from 77.81% in 1968. The highest value was 92.83% in 1980 and the lowest 23.77% in 2021.
- How does Trinidad and Tobago rank?
- 15th highest of 99 economies with data for 2025.
- Is the latest change in fuel exports (% of merchandise exports) unusual for Trinidad and Tobago?
- In 2025, Trinidad and Tobago's fuel exports (% of merchandise exports) rose 1.25 percentage points on 2024 (from 31.31% to 32.56%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.6 percentage points and a typical year strayed about 8.53 percentage points from that (the standard deviation). This year's change was 0.2 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.FUEL.ZS.UN, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB) 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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