US trade with Trinidad and Tobago in the 4th quarter of 2017

Published or Updated: May 14, 2018

The report on US foreign trade in goods with Trinidad and Tobago in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Trinidad and Tobago

In the 4th quarter of 2017, US trade with Trinidad and Tobago was $1,273.3 million, down 4.26% ($56.7 million) from the 4th quarter of 2016.

US exports to Trinidad and Tobago in the 4th quarter of 2017 were $515.4 million, down 0.27% ($1.4 million) from the 4th quarter of 2016.

US imports from Trinidad and Tobago in the 4th quarter of 2017 were $757.8 million, down 6.79% ($55.2 million) from the 4th quarter of 2016.

US trade deficit with Trinidad and Tobago in the 4th quarter of 2017 was $242.4 million, a 18.17% decrease ($53.8 million) over the 4th quarter of 2016.

Trinidad and Tobago was the US 61st largest trading partner in the 4th quarter of 2017 (down from 59th in the 4th quarter of 2016), accounting for 0.1221% of US total trade (down from 0.1383% in the 4th quarter of 2016).

Trinidad and Tobago was the US 62nd largest export market in the 4th quarter of 2017 (down from 59th in the 4th quarter of 2016), accounting for 0.1265% of US total exports (down from 0.1365% in the 4th quarter of 2016).

Trinidad and Tobago was the US 60th largest supplier in the 4th quarter of 2017 (down from 58th in the 4th quarter of 2016), accounting for 0.1193% of US total imports (down from 0.1395% in the 4th quarter of 2016).

US Exports to Trinidad and Tobago

The major share of US exports to Trinidad and Tobago in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 41.74% of US total exports to Trinidad and Tobago (40.07% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.07% of US total exports to Trinidad and Tobago (18.10% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.10% of US total exports to Trinidad and Tobago (12.72% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.41% of US total exports to Trinidad and Tobago (1.69% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.62% of US total exports to Trinidad and Tobago (12.43% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.18% of US total exports to Trinidad and Tobago (2.08% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.48% of US total exports to Trinidad and Tobago (1.41% in the 4th quarter of 2016).

The largest gains in US exports to Trinidad and Tobago in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $24.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $15.4 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $4.5 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $3.5 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $2.7 million;
  • Cereals (HS code 10) - an increase of $2.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $2.0 million.

The largest declines in US exports to Trinidad and Tobago in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $38.8 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $7.8 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $4.8 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $4.7 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $1.8 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.6 million.
US exports to Trinidad and Tobago in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 153.2 0.03 159.1-3.74
02 Meat and edible meat offal 12,166.6 2.36 11,549.35.35
03 Fish and crustaceans, molluscs and other aquatic invertebrates 855.7 0.17 892.3-4.10
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 9,086.3 1.76 9,291.0-2.20
05 Products of animal origin, not elsewhere specified or included 302.2 0.06 222.435.85
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 54.6 0.01 30.082.18
07 Edible vegetables and certain roots and tubers 3,125.0 0.61 1,868.167.29
08 Edible fruit and nuts; peel of citrus fruit or melons 5,189.9 1.01 4,696.410.51
09 Coffee, tea, maté and spices 618.9 0.12 709.8-12.81
10 Cereals 11,851.2 2.30 9,590.123.58
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2,076.7 0.40 1,933.37.42
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,804.3 0.35 6,609.3-72.70
13 Lac; gums, resins and other vegetable saps and extracts 133.7 0.03 271.0-50.67
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 70.8 0.01 26.3169.23
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4,093.3 0.79 4,418.6-7.36
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,438.6 0.28 1,431.50.50
17 Sugars and sugar confectionery 1,074.5 0.21 1,319.4-18.56
18 Cocoa and cocoa preparations 1,968.3 0.38 2,067.1-4.78
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,047.3 1.56 9,041.4-11.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,411.5 0.66 4,064.7-16.07
21 Miscellaneous edible preparations 7,673.8 1.49 7,094.18.17
22 Beverages, spirits and vinegar 4,761.8 0.92 6,601.0-27.86
23 Residues and waste from the food industries; prepared animal feed 13,115.9 2.54 9,626.336.25
24 Tobacco and manufactured tobacco substitutes 89.7 0.02 43.5105.92
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 971.5 0.19 991.2-1.99
26 Ores, slag and ash 51.8 0.01 20.3155.26
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 32,034.7 6.22 7,727.0314.58
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,613.5 0.90 1,873.9146.20
29 Organic chemicals 4,578.2 0.89 3,482.431.47
30 Pharmaceutical products 3,160.4 0.61 2,432.729.91
31 Fertilizers 732.5 0.14 169.4332.35
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,849.1 1.13 5,873.9-0.42
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 15,038.1 2.92 14,387.44.52
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 4,567.3 0.89 4,765.7-4.16
35 Albuminoidal substances; modified starches; glues; enzymes 1,052.2 0.20 1,101.6-4.48
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 153.0 0.03 250.3-38.87
37 Photographic or cinematographic goods 260.3 0.05 443.4-41.29
38 Miscellaneous chemical products 15,180.3 2.95 10,716.441.66
39 Plastics and articles thereof 19,960.4 3.87 17,994.910.92
40 Rubber and articles thereof 2,666.3 0.52 2,240.818.99
41 Raw hides and skins (other than furskins) and leather 30.7 0.01 12.8139.66
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 516.9 0.10 445.416.05
43 Furskins and artificial fur; manufactures thereof 498.1 0.10 5.09,901.18
44 Wood and articles of wood; wood charcoal 4,403.5 0.85 4,141.46.33
45 Cork and articles of cork 0.0 0.00 4.4-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 3.1 0.00 4.3-28.74
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 688.7 0.13 223.4208.34
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 5,084.2 0.99 4,926.23.21
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,037.3 0.20 1,470.2-29.44
50 Silk 0.0 0.00 6.3-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 14.9-100.00
52 Cotton 70.7 0.01 42.068.38
54 Man-made filaments 227.6 0.04 117.094.51
55 Man-made staple fibers 369.6 0.07 793.2-53.40
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 277.7 0.05 200.238.73
57 Carpets and other textile floor coverings 449.1 0.09 401.511.86
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 39.1 0.01 51.5-24.01
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 460.8 0.09 318.544.66
60 Knitted or crocheted fabrics 65.8 0.01 165.2-60.18
61 Articles of apparel and clothing accessories, knitted or crocheted 947.4 0.18 810.716.86
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,286.2 0.25 1,482.5-13.24
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,356.1 0.26 1,056.228.40
64 Footwear, gaiters and the like; parts of such articles 1,313.5 0.25 1,194.010.01
65 Headgear and parts thereof 106.3 0.02 28.9268.38
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 92.3 0.02 56.663.03
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 585.0 0.11 531.110.14
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,488.2 0.29 1,710.7-13.01
69 Ceramic products 771.6 0.15 1,081.6-28.66
70 Glass and glassware 1,235.0 0.24 912.535.35
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 565.2 0.11 1,901.3-70.27
72 Iron and steel 1,059.6 0.21 1,431.8-25.99
73 Articles of iron or steel 13,034.0 2.53 51,830.0-74.85
74 Copper and articles thereof 368.6 0.07 258.942.38
75 Nickel and articles thereof 104.1 0.02 88.617.55
76 Aluminum and articles thereof 4,929.1 0.96 4,626.56.54
78 Lead and articles thereof 34.8 0.01 13.4159.34
79 Zinc and articles thereof 23.4 0.00 64.6-63.79
80 Tin and articles thereof 211.7 0.04 45.2368.59
81 Other base metals; cermets; articles thereof 30.8 0.01 26.316.99
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2,229.4 0.43 3,325.2-32.95
83 Miscellaneous articles of base metal 1,791.8 0.35 2,518.6-28.86
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 98,283.7 19.07 96,772.81.56
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 56,085.2 10.88 63,840.4-12.15
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 196.3 0.04 162.221.04
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5,605.2 1.09 7,209.7-22.25
88 Aircraft, spacecraft, and parts thereof 31,391.7 6.09 16,009.096.09
89 Ships, boats and floating structures 4,624.1 0.90 5,054.1-8.51
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 18,952.7 3.68 18,047.65.02
91 Clocks and watches and parts thereof 72.2 0.01 155.8-53.65
92 Musical instruments; parts and accessories of such articles 273.6 0.05 334.1-18.11
93 Arms and ammunition; parts and accessories thereof 229.0 0.04 230.9-0.86
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 8,605.5 1.67 8,048.76.92
95 Toys, games and sports requisites; parts and accessories thereof 2,961.8 0.57 3,218.4-7.97
96 Miscellaneous manufactured articles 4,504.2 0.87 4,848.9-7.11
97 Works of art, collectors’ pieces and antiques 8.7 0.00 13.3-34.50
99 Commodities not specified according to kind 31,822.1 6.17 36,530.6-12.89

US Imports from Trinidad and Tobago

The major share of US imports from Trinidad and Tobago in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 40.73% of US total imports from Trinidad and Tobago (51.23% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 36.49% of US total imports from Trinidad and Tobago (31.17% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 15.80% of US total imports from Trinidad and Tobago (10.67% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.99% of US total imports from Trinidad and Tobago (2.44% in the 4th quarter of 2016).

The largest gains in US imports from Trinidad and Tobago in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - an increase of $35.4 million;
  • Iron and steel (HS code 72) - an increase of $32.9 million;
  • Fertilizers (HS code 31) - an increase of $9.6 million.

The largest declines in US imports from Trinidad and Tobago in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $108.0 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $22.8 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $6.3 million.
US imports from Trinidad and Tobago in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 0.0 0.00 26.2-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 5,121.3 0.68 11,412.8-55.13
07 Edible vegetables and certain roots and tubers 109.3 0.01 123.6-11.56
08 Edible fruit and nuts; peel of citrus fruit or melons 12.1 0.00 0.0
09 Coffee, tea, maté and spices 331.8 0.04 235.640.82
13 Lac; gums, resins and other vegetable saps and extracts 10.3 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 107.9 0.01 94.214.46
17 Sugars and sugar confectionery 519.3 0.07 423.222.71
18 Cocoa and cocoa preparations 210.6 0.03 80.5161.51
19 Preparations of cereals, flour, starch or milk; bakers’ wares 726.4 0.10 665.09.24
20 Preparations of vegetables, fruit, nuts or other parts of plants 221.4 0.03 166.033.40
21 Miscellaneous edible preparations 4,109.6 0.54 2,641.355.59
22 Beverages, spirits and vinegar 3,581.2 0.47 3,930.9-8.90
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 163.7 0.02 7.72,015.81
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 308,542.7 40.71 416,568.9-25.93
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 121,908.2 16.09 144,706.3-15.75
29 Organic chemicals 106,637.6 14.07 71,208.049.76
31 Fertilizers 46,403.7 6.12 36,768.626.20
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 165.2 0.02 78.3110.95
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 104.4 0.01 83.025.72
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 20.1 0.00 0.0
38 Miscellaneous chemical products 0.0 0.00 5.8-100.00
39 Plastics and articles thereof 1,303.4 0.17 585.5122.62
40 Rubber and articles thereof 12.3 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1.0 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,047.1 0.14 1,018.62.79
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 16.0-100.00
52 Cotton 0.0 0.00 12.2-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 3.6-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 0.3-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 6.9 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 6.5 0.00 0.0
69 Ceramic products 0.0 0.00 17.5-100.00
70 Glass and glassware 63.0 0.01 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 489.3 0.06 303.161.41
72 Iron and steel 119,453.9 15.76 86,524.738.06
73 Articles of iron or steel 11.3 0.00 67.3-83.28
74 Copper and articles thereof 122.9 0.02 39.7209.27
76 Aluminum and articles thereof 168.6 0.02 100.967.08
78 Lead and articles thereof 10.4 0.00 21.6-52.01
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 284.2 0.04 140.5102.22
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 264.4 0.03 110.4139.63
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 18.6-100.00
89 Ships, boats and floating structures 5.5 0.00 5.5-0.78
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 855.2 0.11 773.310.60
92 Musical instruments; parts and accessories of such articles 31.5 0.00 48.8-35.56
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 674.6 0.09 1,076.5-37.33
95 Toys, games and sports requisites; parts and accessories thereof 4.3 0.00 16.2-73.57
97 Works of art, collectors’ pieces and antiques 326.8 0.04 7.54,257.20
99 Commodities not specified according to kind 33,691.7 4.45 32,953.82.24
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce