That dollar amount results from an -8.9% decrease compared to the total $8.58 billion 5 years earlier in 2021.
Year over year, the value of Trinidad and Tobago’s exported goods decelerated by -8.8% from $8.577 billion starting from 2024.
Based on the average exchange rate for 2025, the Trinidad/Tobago dollar depreciated by -0.03% against the US dollar since 2021 and declined by -0.01% from 2024 to 2025. Trinidad and Tobago’s slightly weaker local currency makes its exports paid for in stronger US dollars modestly less expensive for international buyers starting from American currency.
Trinidad and Tobago’s top 5 most valuable exported products are petroleum gases, ammonia, acyclic alcohols, nitrogenous fertilizers then iron ore-reduced products. Added together, that quintet of major goods approached three-quarters (71.4%) of the overall value of Trinidad and Tobago’s exports.
Trinidad and Tobago’s Top Trading Partners
The latest available country-specific data shows that 67.2% of products exported from Trinidad and Tobago was bought by importers in: United States of America (24.9% of Trinidad and Tobago’s total), United Arab Emirates (9%), Guyana (5.2%), Netherlands (4.3%), Brazil (3.6%), Colombia (3.4%), France (3.1%), Jamaica (2.9%), mainland China (also 2.9%), Belgium (2.7%), United Kingdom (also 2.7%) and Morocco (2.5%).
From a continental perspective, 28.6% of Trinidad and Tobago’s exports by value was delivered to Latin America excluding Mexico but including the Caribbean countries while 27.8% was sold to importers in North America.
Trinidad and Tobago shipped another 23.8% worth of goods to buyers based in Europe.
Smaller percentages went to customers in Asia (16.9%), Africa (2.8%) then Oceania led by Australia (0.1%).
Given Trinidad and Tobago’s population of 1.45 million people, its total US$7.82 billion in 2025 exports translates to about $5,450 for every resident in the Caribbean nation. That dollar metric lags the average $5,550 per capita one year earlier during 2024.
Trinidad and Tobago’s Top 10 Exports
The following export product groups represent the highest dollar value in Trinidadian/Tobagonian global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from Trinidad and Tobago.
- Mineral fuels including oil: US$2.8 billion (35.5% of total exports)
- Inorganic chemicals: $1.3 billion (16.9%)
- Organic chemicals: $1.2 billion (15.6%)
- Fertilizers: $663 million (8.5%)
- Iron, steel: $658.1 million (8.4%)
- Beverages, spirits, vinegar: $157.7 million (2%)
- Cereal/milk preparations: $149.6 million (1.9%)
- Miscellaneous food preparations: $113.6 million (1.5%)
- Paper, paper items: $83.3 million (1.1%)
- Plastics, plastic articles: $75.7 million (1%)
Trinidad and Tobago’s top 10 export categories accounted for 92.3% of the overall value of its global shipments.
Fertilizers represent the fastest grower among the top 10 export categories, up by 62.8% from 2024 to 2025.
In second place for improving export sales was miscellaneous food preparations via a 25.7% advance.
Trinidad and Tobago’s shipments of iron and steel posted the third-fastest gain in value, up by 18.4%.
The leading decliner among Trinidad and Tobago’s top 10 export categories was mineral fuels including oil, thanks to a -22.1% year-over-year drop.
At the more detailed four-digit Harmonized Tariff System (HTS) code level, Trinidad and Tobago’s most valuable export product were petroleum gases at 23.1% of the country’s total. In second place was ammonia (16.7%) trailed by acyclic alcohols (15.2%), nitrogenous fertilizers (8.5%), iron ore-reduced products (8%), crude petroleum oil (6.7%), processed petroleum oils (5.6%), non-alcoholic drinks excluding water, juice and milk (1.2%), mixed sauces, condiments and seasonings (1.1%) then cereals prepared food (also 1.1%).
Products Generating Largest Trade Surpluses for Trinidad and Tobago
Trinidad and Tobago incurred an overall US$2 billion trade surplus for 2025. That amount of black ink reveals a 48.6% expansion from a $1.4 billion surplus for 2024.
The following types of Trinidadian/Tobagonian product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Mineral fuels including oil: US$2.7 billion (Up by 9.6% since 2024)
- Inorganic chemicals: $1.3 billion (Up by 7.9%)
- Organic chemicals: $1.2 billion (Down by -11.7%)
- Fertilizers: $654.7 million (Up by 63.5%)
- Iron, steel: $517.7 million (Up by 27.9%)
- Beverages, spirits, vinegar: $77.2 million (Down by -8.2%)
- Cereal/milk preparations: $72.2 million (Up by 26.7%)
- Tobacco, manufactured substitutes: $2.7 million (Down by -87.7%)
Trinidad and Tobago generated highly positive net exports in the international trade of mineral fuels including oil, organic and inorganic chemicals. In turn, these cashflows indicate Trinidad and Tobago’s strong competitive advantages under the related product categories.
Products Causing Worst Trade Deficits for Trinidad and Tobago
Below are exports from Trinidad and Tobago that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Trinidad and Tobago’s goods trail Trinidadian/Tobagonian importer spending on foreign products.
- Machinery including computers: -US$752.2 million (Down by -4.6% since 2024)
- Vehicles: -$579.8 million (Up by 1.4%)
- Ores, slag, ash: -$323.3 million (Down by -11.4%)
- Electrical machinery, equipment: -$295.6 million (Down by -20%)
- Plastics, plastic articles: -$208.1 million (Up by 3.2%)
- Articles of iron or steel: -$185.7 million (Up by 45.8%)
- Pharmaceuticals: -$178.1 million (Down by -4.9%)
- Dairy, eggs, honey: -$152.7 million (Up by 9%)
- Optical, technical, medical apparatus: -$136.3 million (Up by 23.8%)
- Meat: -$121.9 million (Up by 17.9%)
Trinidad and Tobago incurred notably negative net exports and therefore international trade deficits under the machinery and vehicles product categories.
Trinidadian and Tobagonian Export Companies
Not one Trinidadian/Tobagonian corporation ranks among Forbes Global 2000.
Wikipedia lists exports-related companies from Trinidad and Tobago. Selected examples are shown below.
- Atlantic LNG (natural gas)
- Atlas Engineering Limited (construction materials)
- Bermudez Biscuit Company (confectionary foods)
- Carib Brewery (alcoholic beverages)
- Flavorite Ice Cream (dairy products)
- Kiss Baking Company Limited (baked goods)
- National Gas Company of Trinidad and Tobago (natural gas)
- Petrotrin (oil, gas)
- S. M. Jaleel and Company (beverages)
- Solo Beverage Company (soft drinks)
In macroeconomic terms, Trinidad and Tobago’s total exported goods represent 15.1% of its overall Gross Domestic Product for 2025 ($51.7 billion valued in Purchasing Power Parity US dollars). That 15.1% for exports to overall GDP in PPP for 2025 compares to 16.1% for 2024. Those percentages suggest a relatively decreasing reliance on products sold on international markets for Trinidad and Tobago’s total economic performance, albeit based on a short timeframe.
Another key indicator of a country’s economic performance is its unemployment rate. Trinidad and Tobago’s unemployment rate averaged 4.061% for 2025, down from an average 4.109% in 2024 according to Trading Economics metrics.
Trinidad and Tobago’s capital city is Port-of-Spain, which also serves as the nation’s largest cargo port.
See also America’s Top Trading Partners, Mexico’s Top Trading Partners, Guyana’s Top 10 Exports, Mexico’s Top Trading Partners and Exported Paintings and Drawings by Country
Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on August 14, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 14, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 14, 2026
International Trade Centre, Trade Map. Accessed on August 14, 2026
Investopedia, Net Exports Definition. Accessed on August 14, 2026
Wikipedia, List of Companies of Trinidad and Tobago. Accessed on August 14, 2026
X-RATES.com, Trinidad/Tobago dollar to US dollars Exchange Rates. Accessed on August 14, 2026