Top Exports To Trinidad and TobagoTotal Exports To Trinidad and Tobago: $681,152,858
|Rank||Commodity||Total YTD Exports|
|1||Low value shipments||$39,439,828|
|2||Oil, not crude||$26,122,111|
|4||Parts for heavy machinery||$18,448,605|
|5||Landline, cellular phone equipment||$15,718,323|
|8||Preparations for animal feeding||$11,596,513|
|10||Taps, cocks and valves for pipes, tanks||$11,187,976|
Total Imports From Trinidad and TobagoTotal Imports From Trinidad and Tobago: $2,322,388,968
|3||Petroleum gases, other gaseous hydrocarbons||$375,529,509|
|4||Oil, not crude||$335,712,700|
|5||Spongy ferrous products, iron 99.94% pure||$189,183,032|
|8||Imports of returned exports||$17,929,205|
|9||Heterocyclic chemical compounds||$8,175,340|
|10||Fish, fresh or chilled||$7,820,560|
Top Trinidad and Tobago Trading PartnersTotal Trinidad and Tobago trade: $3,003,541,826
|9||Port Arthur, Texas||$72,654,343|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Trinidad and Tobago’s trade rose to $3,003,541,826 through April
Trinidad and Tobago’s trade with the United States rose to $3,003,541,826 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -16.15 percent below its total trade during the same time period last year. Trinidad and Tobago’s exports decreased -15.58 percent while imports dropped -16.32 percent. The U.S. deficit with Trinidad and Tobago was $1,641,236,110.Through April, Trinidad and Tobago’s top U.S. Customs districts for total imports and exports were No. 1 Houston, No. 2 New Orleans, No. 3 Miami, No. 4 Jacksonville/Tampa and No. 5 Mobile compared to last year when the top spots were held by No. 1 Houston, No. 2 New Orleans, No. 3 Miami, No. 4 Jacksonville/Tampa and No. 5 Mobile. In the current time period, the top five accounted for 47.32 percent of Trinidad and Tobago’s U.S. trade.. That compares to 75.71 percent for the nation’s top five Customs districts during the same time period.
Taking a closer look at the leading U.S. gateways for U.S. trade with Trinidad and Tobago,:
- Trade with No. 1 Houston fell -32.13 percent to $745,167,553.
Exports fell -19.84 percent to $120,161,271. Imports fell -34.08 percent to $625,006,282.
- Trade with No. 2 New Orleans fell -35.58 percent to $460,426,237.
Exports fell -46.84 percent to $59,629,771. Imports fell -33.48 percent to $400,796,466.
- Trade with No. 3 Miami rose 9.35 percent to $339,244,128.
Exports rose 9.33 percent to $325,438,197. Imports rose 9.65 percent to $13,805,931.
- Trade with No. 4 Jacksonville/tampa rose 22.22 percent to $280,890,508.
Exports rose 42.50 percent to $40,927,347. Imports rose 19.33 percent to $239,963,161.
- Trade with No. 5 Mobile rose 10.97 percent to $213,009,927.
Exports fell -22.84 percent to $7,708,399. Imports rose 12.82 percent to $205,301,528.
Through April, 12 Customs districts posted trade surpluses with Trinidad and Tobago while 25 had deficits. That compares with 16 surpluses and 19 deficits for the same period one year ago. The top surplus was with Miami at $311,632,266, the largest deficit was with Houston at $-504,845,011.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Trinidad and Tobago by value through April were low value shipments; oil, not crude; wheat, meslin; parts for heavy machinery; and landline, cellular phone equipment, respectively. They accounted for 17.38 percent of total exports to Trinidad and Tobago.
The value of the top five U.S. imports from Trinidad and Tobago -- ammonia; acyclic alcohols; petroleum gases, other gaseous hydrocarbons; oil, not crude; and spongy ferrous products, iron 99.94% pure -- accounted for 85.95 percent of all inbound shipments.
Looking more closely at U.S. exports to Trinidad and Tobago:
- Low value shipments fell -10.94 percent compared to last year to $39,439,828.
- Oil, not crude fell -82.25 percent compared to last year to $26,122,111.
- Wheat, meslin rose 19.28 percent compared to last year to $18,621,874.
- Parts for heavy machinery fell -5.20 percent compared to last year to $18,448,605.
- Landline, cellular phone equipment fell -0.42 percent compared to last year to $15,718,323.
Looking more closely at U.S. imports from Trinidad and Tobago
- Ammonia rose 22.39 percent compared to last year to $718,405,615.
- Acyclic alcohols rose 2.29 percent compared to last year to $377,293,964.
- Petroleum gases, other gaseous hydrocarbons rose 75.38 percent compared to last year to $375,529,509.
- Oil, not crude fell -52.82 percent compared to last year to $335,712,700.
- Spongy ferrous products, iron 99.94% pure fell -26.98 percent compared to last year to $189,183,032.
In the latest annual figures available, Trinidad and Tobago recorded $3,582,165,748 in trade with the United States. At year’s end, its top five Customs districts were Houston, New Orleans, Miami, Jacksonville/Tampa and Mobile. Total U.S. exports to Trinidad and Tobago were $2,450,865,368 and imports from Trinidad and Tobago were $8,158,666,544. The U.S. deficit with Trinidad and Tobago was $-5,707,801,176.