Trinidad and Tobago's net trade in goods (current US$, BoP) was US$3.41 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 18.79% from US$4.2 billion in 2015 (2.06% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$3.41 billion | 2025 |
| Five years earlier | US$984.08 million | 2020 |
| Ten years earlier | US$4.2 billion | 2015 |
| Highest | US$9.18 billion | 2022 |
| Lowest | −US$740.85 million | 1998 |
| Average since 2016 | US$3.6 billion | 2016–2025 |
| First recorded | US$414.42 million |
What the numbers say
In 2025, Trinidad and Tobago's net trade in goods (current US$, BoP) rose US$934.34 million on 2024 (from US$2.47 billion to US$3.41 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +US$57.78 million and a typical year strayed about US$2.66 billion from that (the standard deviation). This year's change was 0.3 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 US$4.47 billion in 2022 and the biggest yearly fall was US$6.83 billion 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 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% 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 2025, Trinidad and Tobago had the 41st highest value of the 136 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 2025 ranking
- Austria — 38th of 136: US$5.73 billion
- Brunei Darussalam — 39th of 136: US$4.01 billion
- Mongolia — 40th of 136: US$4.01 billion
- Bahrain — 42nd of 136: US$3.08 billion
- Congo, Dem. Rep. — 43rd of 136: US$2.91 billion
- Uruguay — 44th of 136: US$2.55 billion
What this measures
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 51 values
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2025 | 3,408,802,471 |
| 2024 | 2,474,464,349 |
| 2023 | 3,762,688,996 |
| 2022 | 9,180,932,484 |
| 2021 | 4,711,913,186 |
| 2020 | 984,083,212 |
| 2019 | 2,731,830,799 |
| 2018 | 4,138,405,990 |
| 2017 | 3,192,995,396 |
| 2016 | 1,415,668,849 |
Net trade in goods (current US$, BoP) in nearby economies
- Antigua and Barbuda — −US$696.93 million (2025)
- Argentina — US$15.36 billion (2025)
- Aruba — −US$1.22 billion (2023)
- Bahamas, The — −US$3.72 billion (2024)
- Barbados — −US$820.85 million (2017)
- Belize — −US$940.14 million (2025)
- Bolivia — US$1.18 billion (2025)
- Brazil — US$59.73 billion (2025)
- Chile — US$23.85 billion (2025)
- Colombia — −US$14.84 billion (2025)
- Costa Rica
More economic policy & debt data for Trinidad and Tobago
- Total reserves, including gold (current US$) — US$5.37 billion (2025)
- Total reserves, excluding gold (current US$) — US$5.1 billion (2025)
- GDP (current US$) — US$25.94 billion (2025)
- GDP (current LCU) — 175.08 billion (2025)
- GDP (constant 2015 US$) — US$22.15 billion (2025)
- GDP (constant LCU) — 153.7 billion (2025)
- GDP per capita (current US$) — US$18,967 (2025)
- GDP per capita (current LCU) — 128,006 (2025)
- GDP per capita (constant 2015 US$) — US$16,191 (2025)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is Trinidad and Tobago's net trade in goods (current US$, BoP)?
- US$3.41 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 722.55% from US$414.42 million in 1975 (4.3% a year on average, compounded). The highest value was US$9.18 billion in 2022 and the lowest −US$740.85 million in 1998.
- How does Trinidad and Tobago rank?
- 41st highest of 136 economies with data for 2025.
- Is the latest change in net trade in goods (current US$, BoP) unusual for Trinidad and Tobago?
- In 2025, Trinidad and Tobago's net trade in goods (current US$, BoP) rose US$934.34 million on 2024 (from US$2.47 billion to US$3.41 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$57.78 million and a typical year strayed about US$2.66 billion from that (the standard deviation). This year's change was 0.3 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 BN.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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