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Economy > Trade Stats: compare key data on Trinidad and Tobago & United States

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Definitions

  • Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
  • Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
  • Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
  • Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
  • Exports > Primary: Primary exports as % of manufactured export, 2000.
  • Exports > Goods and services > Constant LCU: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
  • Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
  • Exports > Leading export market: Country or customs union which is the main recipient of exports.
  • Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • Balance of payments > Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Tariffs > Tariff rate > Applied > Weighted mean > All products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead."
  • Tariffs > Tariff rate > Applied > Simple mean > All products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs."
  • Imports > Goods and services: Imports of goods and services as a % of GDP, 2000
  • Imports > Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
  • Imports of goods > Services and income > BoP > Current US$ > Per $ GDP: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Export to Import ratio: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000."
  • Exports > High-technology exports > Current US$ per capita: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Exports > High-technology exports > Current US$, % of GDP: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Imports > Spending on imports: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Imports > Merchandise imports from high-income economies > % of total merchandise imports: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Imports > Ores and scrap metal imports > % of merchandise imports: Ores and metals comprise commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
  • Imports > Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
  • Exports > Manufactures > Exports > % of merchandise > Exports: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals)."
  • Imports > Merchandise imports by the reporting economy > Current US$: Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars."
  • Balance of payments > Portfolio equity, net inflows > BoP, current US$: Portfolio equity, net inflows (BoP, current US$). Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.
  • Exports > Transport services > % of service exports, BoP: Transport services (% of service exports, BoP). Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).
  • Imports > Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Exports > High-technology exports > Current US$: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
  • Exports > Exports of goods and services > Current US$: Exports of goods and services (current US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
  • Exports of goods > Services and income > BoP > Current US$ > Per $ GDP: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Goods and services > Current US$ > Per $ GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports > Imports of goods and services per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Balance of payments > Reserves and related items > BoP, current US$, % of GDP: Reserves and related items (BoP, current US$). Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Exports > Insurance and financial services > % of commercial service > Exports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Exports > Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies as of July 1, 2009. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy."
  • Balance of payments > Net financial account > BoP, current US$, % of GDP: Net financial account (BoP, current US$). The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Imports > Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
  • Balance of payments > Secondary income receipts > BoP, current US$, % of GDP: Secondary income receipts (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Balance of payments > Personal remittances, received > Current US$ per capita: Personal remittances, received (current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tariffs > Tariff rate > Applied > Simple mean > Primary products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals)."
  • Balance of payments > Secondary income, other sectors, payments > BoP, current US$: Secondary income, other sectors, payments (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Balance of payments > Net primary income > BoP, current US$: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.
  • Balance of payments > Net secondary income > BoP, current US$: Net secondary income (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Exports > Goods and services > BoP > Current US$ > Per $ GDP: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports > Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Goods and services > BoP > Current US$ > Per capita: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Imports > Goods and services > Constant 2000 US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Imports > Goods and services > Current US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Imports of goods > Services and income > BoP > Current US$ > Per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Exports > Merchandise exports by the reporting economy > Current US$ per capita: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$. Figures expressed per capita for the same year.
  • Exports > Commercial service exports > Current US$: Commercial service exports (current US$). Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Exports less imports: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Exports > Computer > Communications and other services > % of commercial service > Exports: Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services."
  • Exports > Merchandise > Exports to high-income economies > % of total merchandise > Exports: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Exports > Ores and scrap metal > Exports > % of merchandise > Exports: Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
  • Exports > License fees and royalties: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars."
  • Exports > Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.
  • Exports > Salaries and investment income: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars."
  • Exports > Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
  • Exports > Merchandise > Exports by the reporting economy > Current US$: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$."
  • Tariffs > Share of tariff lines with specific rates > Manufactured products: Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68."
  • Tariffs > Tariff rate > Applied > Weighted mean > Primary products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals)."
  • Tariffs > Binding coverage > Primary products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
  • Imports > Travel services > % of commercial service imports: Travel services (% of commercial service imports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging, meals, and transport (within the economy visited)."
  • Imports > Insurance and financial services > % of commercial service imports: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Imports > Insurance and financial services > % of service imports: Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies."
  • Tariffs > Binding coverage > Manufactured products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
  • Tariffs > Tariff rate > Applied > Weighted mean > Manufactured products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's"
  • Exports > Merchandise > Exports to third world economies in Middle East and North Africa > % of total merchandis: Merchandise exports to third world economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to third world economies in the Middle East and North Africa region according to World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Exports > Merchandise > Exports to third world economies in Sub-Saharan Africa > % of total merchandise > Exports: Merchandise exports to third world economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to third world economies in the Sub-Saharan Africa region according to World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
STAT Trinidad and Tobago United States HISTORY
Export growth 9.11
Ranked 46th. 9% more than United States
8.37
Ranked 54th.

Exports $12.06 billion
Ranked 78th.
$1.27 trillion
Ranked 3rd. 105 times more than Trinidad and Tobago

Exports > Export growth in USD 213.52
Ranked 76th. 58% more than United States
135.15
Ranked 119th.

Exports > Exports of goods and services 14.12 billion
Ranked 85th.
2.2 trillion
Ranked 1st. 156 times more than Trinidad and Tobago

Exports > Exports of goods and services > Constant 2000 US$ per capita $11,669.51
Ranked 25th. 98% more than United States
$5,885.16
Ranked 34th.

Exports > Goods 9.62 billion
Ranked 84th.
1.58 trillion
Ranked 2nd. 164 times more than Trinidad and Tobago

Exports > Goods and services 65%
Ranked 24th. 6 times more than United States
11%
Ranked 149th.
Exports > Goods and services > Constant 2000 US$ 6.52 billion constant 2000 US$
Ranked 64th.
1.12 trillion constant 2000 US$
Ranked 1st. 172 times more than Trinidad and Tobago

Exports per capita $9,080.68
Ranked 28th. 2 times more than United States
$4,105.70
Ranked 46th.

Imports $8.23 billion
Ranked 96th.
$1.90 trillion
Ranked 1st. 231 times more than Trinidad and Tobago

Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.431 BoP $ per $1 of GDP
Ranked 76th. 3 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Imports > Imports of goods and services 8.56 billion
Ranked 103th.
2.74 trillion
Ranked 1st. 320 times more than Trinidad and Tobago

Imports of goods > Services and income > BoP > Current US$ per capita 4,594.77 BoP $
Ranked 48th.
8,308.6 BoP $
Ranked 37th. 81% more than Trinidad and Tobago

Imports per capita $6,199.86
Ranked 39th. 1% more than United States
$6,152.08
Ranked 42nd.

Tariffs > Binding coverage > All products 99.98%
Ranked 7th. The same as United States
99.96%
Ranked 12th.

Exports > Per $ GDP $0.61 per $1 of GDP
Ranked 21st. 8 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Exports > Export growth 94.82
Ranked 110th.
115.12
Ranked 92nd. 21% more than Trinidad and Tobago

Exports > Primary 71%
Ranked 36th. 5 times more than United States
13%
Ranked 96th.
Exports > Goods and services > Constant LCU 41051770000 1117900000000
Imports of goods > Services and income > BoP > Current US$ 5.93 billion BoP $
Ranked 86th.
2.46 trillion BoP $
Ranked 1st. 414 times more than Trinidad and Tobago

Exports > Leading export market United States European Union
Exports > Exports of goods, services and primary income > BoP, current US$ $21.16 billion
Ranked 77th.
$3.00 trillion
Ranked 2nd. 142 times more than Trinidad and Tobago

Balance of payments > Net primary income > BoP, current US$ per million $-2,305,884,409.21
Ranked 150th.
$713.33 million
Ranked 13th.

Exports > Per capita $9,152.21 per capita
Ranked 12th. 2 times more than United States
$3,812.18 per capita
Ranked 47th.

Tariffs > Tariff rate > Applied > Weighted mean > All products 4.16%
Ranked 59th. 3 times more than United States
1.49%
Ranked 88th.

Tariffs > Tariff rate > Applied > Simple mean > All products 8.24%
Ranked 54th. 3 times more than United States
2.96%
Ranked 86th.

Imports > Goods and services 52%
Ranked 53th. 4 times more than United States
13%
Ranked 152nd.
Imports > Documents to import > Number per million 7.48
Ranked 34th. 469 times more than United States
0.0159
Ranked 185th.

Imports of goods > Services and income > BoP > Current US$ > Per $ GDP 0.486 BoP $ per $1 of GDP
Ranked 77th. 2 times more than United States
0.198 BoP $ per $1 of GDP
Ranked 127th.

Export to Import ratio 130.95
Ranked 41st. 32% more than United States
98.95
Ranked 92nd.

Exports > High-technology exports > Current US$ per capita $2.34
Ranked 95th.
$466.24
Ranked 33th. 200 times more than Trinidad and Tobago

Exports > High-technology exports > Current US$, % of GDP 0.015%
Ranked 124th.
0.969%
Ranked 43th. 65 times more than Trinidad and Tobago

Imports > Spending on imports 39.38
Ranked 96th. 3 times more than United States
13.92
Ranked 137th.

Imports > Merchandise imports from high-income economies > % of total merchandise imports 54.5%
Ranked 106th. 10% more than United States
49.68%
Ranked 118th.

Imports > Ores and scrap metal imports > % of merchandise imports 2.74%
Ranked 32nd. 36% more than United States
2.02%
Ranked 48th.

Imports > Services 326 million
Ranked 137th.
369.2 billion
Ranked 2nd. 1133 times more than Trinidad and Tobago

Exports > Manufactures > Exports > % of merchandise > Exports 15.27%
Ranked 91st.
66.79%
Ranked 43th. 4 times more than Trinidad and Tobago

Imports > Merchandise imports by the reporting economy > Current US$ $6.69 billion
Ranked 98th.
$1.60 trillion
Ranked 2nd. 240 times more than Trinidad and Tobago

Balance of payments > Portfolio equity, net inflows > BoP, current US$ $16.68 million
Ranked 33th.
$232.06 billion
Ranked 2nd. 13914 times more than Trinidad and Tobago

Exports > Transport services > % of service exports, BoP 4.55%
Ranked 139th.
12.92%
Ranked 80th. 3 times more than Trinidad and Tobago

Imports > Documents to import > Number 10
Ranked 33th. Twice as much as United States
5
Ranked 147th.

Exports > High-technology exports > Current US$ $3.10 million
Ranked 113th.
$145.27 billion
Ranked 4th. 46822 times more than Trinidad and Tobago

Exports > Exports of goods and services > Current US$ $20.78 billion
Ranked 78th.
$2.20 trillion
Ranked 3rd. 106 times more than Trinidad and Tobago

Exports of goods > Services and income > BoP > Current US$ > Per $ GDP 0.6 BoP $ per $1 of GDP
Ranked 40th. 4 times more than United States
0.141 BoP $ per $1 of GDP
Ranked 126th.

Exports > Goods and services > Current US$ > Per $ GDP 0.583$ per $1 of GDP
Ranked 35th. 6 times more than United States
0.101$ per $1 of GDP
Ranked 165th.

Imports > Imports of goods and services per capita 6,402.23
Ranked 69th.
8,738.38
Ranked 57th. 36% more than Trinidad and Tobago

Balance of payments > Reserves and related items > BoP, current US$, % of GDP 3.42%
Ranked 26th. 120 times more than United States
0.0285%
Ranked 83th.

Exports > Insurance and financial services > % of commercial service > Exports 24.54%
Ranked 5th. 67% more than United States
14.73%
Ranked 8th.

Exports > Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports 1.13%
Ranked 99th. 7 times more than United States
0.16%
Ranked 139th.

Balance of payments > Net financial account > BoP, current US$, % of GDP 7.79%
Ranked 17th.
-2.801%
Ranked 70th.

Imports > Commercial service imports > Current US$ $271.40 million
Ranked 138th.
$334.31 billion
Ranked 2nd. 1232 times more than Trinidad and Tobago

Balance of payments > Secondary income receipts > BoP, current US$, % of GDP 0.618%
Ranked 132nd.
0.665%
Ranked 121st. 8% more than Trinidad and Tobago

Balance of payments > Personal remittances, received > Current US$ per capita $94.57
Ranked 89th. 5 times more than United States
$20.02
Ranked 116th.

Tariffs > Tariff rate > Applied > Simple mean > Primary products 13.08%
Ranked 29th. 5 times more than United States
2.54%
Ranked 92nd.

Balance of payments > Secondary income, other sectors, payments > BoP, current US$ $106.60 million
Ranked 104th.
$178.69 billion
Ranked 2nd. 1676 times more than Trinidad and Tobago

Balance of payments > Net primary income > BoP, current US$ $-3,073,933,000.00
Ranked 116th.
$223.92 billion
Ranked 1st.

Balance of payments > Net secondary income > BoP, current US$ $33.08 million
Ranked 102nd.
$-129,736,000,000.00
Ranked 149th.

Exports > Goods and services > BoP > Current US$ > Per $ GDP 0.594 BoP $ per $1 of GDP
Ranked 32nd. 6 times more than United States
0.103 BoP $ per $1 of GDP
Ranked 129th.

Imports > Per $ GDP $0.34 per $1 of GDP
Ranked 86th. 2 times more than United States
$0.14 per $1 of GDP
Ranked 158th.

Exports > Goods and services > BoP > Current US$ > Per capita 5,574.16 BoP $ per capita
Ranked 42nd. 30% more than United States
4,302.3 BoP $ per capita
Ranked 48th.

Imports > Goods and services > Constant 2000 US$ > Per capita 4,652.11 constant 2000 US$ per c
Ranked 26th.
5,854.48 constant 2000 US$ per c
Ranked 25th. 26% more than Trinidad and Tobago

Imports > Goods and services > Current US$ > Per capita 4,319.5$ per capita
Ranked 44th.
6,122.14$ per capita
Ranked 36th. 42% more than Trinidad and Tobago

Imports of goods > Services and income > BoP > Current US$ > Per capita 4,556.19 BoP $ per capita
Ranked 49th.
8,283.54 BoP $ per capita
Ranked 38th. 82% more than Trinidad and Tobago

Exports > Merchandise exports by the reporting economy > Current US$ per capita $14,084.06
Ranked 25th. 3 times more than United States
$4,752.20
Ranked 52nd.

Exports > Commercial service exports > Current US$ $868.80 million
Ranked 114th.
$608.10 billion
Ranked 2nd. 700 times more than Trinidad and Tobago

Exports less imports 7.52 billion
Ranked 30th.
-386,300,000,000
Ranked 139th.

Exports > Computer > Communications and other services > % of commercial service > Exports 8.44%
Ranked 137th.
46.83%
Ranked 29th. 6 times more than Trinidad and Tobago

Exports > Merchandise > Exports to high-income economies > % of total merchandise > Exports 72.49%
Ranked 68th. 16% more than United States
62.3%
Ranked 96th.

Exports > Ores and scrap metal > Exports > % of merchandise > Exports 2.48%
Ranked 65th.
3.53%
Ranked 46th. 42% more than Trinidad and Tobago

Exports > License fees and royalties 206,404.66
Ranked 96th.
25.23 billion
Ranked 3rd. 122236 times more than Trinidad and Tobago

Exports > Merchandise > Exports > Current US$ $9.13 billion
Ranked 74th.
$1.06 trillion
Ranked 4th. 116 times more than Trinidad and Tobago

Exports > Salaries and investment income -1,202,200,000
Ranked 100th.
121.42 billion
Ranked 2nd.

Exports > Services 935.7 million
Ranked 103th.
497.87 billion
Ranked 2nd. 532 times more than Trinidad and Tobago

Exports > Merchandise > Exports by the reporting economy > Current US$ $12.10 billion
Ranked 71st.
$1.06 trillion
Ranked 4th. 87 times more than Trinidad and Tobago

Tariffs > Share of tariff lines with specific rates > Manufactured products 0.0
Ranked 81st.
0.0
Ranked 39th.

Tariffs > Tariff rate > Applied > Weighted mean > Primary products 2.71%
Ranked 61st. 3 times more than United States
0.97%
Ranked 89th.

Tariffs > Binding coverage > Primary products 99.91%
Ranked 8th. The same as United States
99.82%
Ranked 12th.

Imports > Travel services > % of commercial service imports 27.75%
Ranked 46th. 17% more than United States
23.7%
Ranked 70th.

Imports > Insurance and financial services > % of commercial service imports 2.69%
Ranked 129th.
21.44%
Ranked 6th. 8 times more than Trinidad and Tobago

Imports > Insurance and financial services > % of service imports 2.24%
Ranked 134th.
19.42%
Ranked 6th. 9 times more than Trinidad and Tobago

Tariffs > Binding coverage > Manufactured products 100%
Ranked 5th. The same as United States
100%
Ranked 9th.

Tariffs > Tariff rate > Applied > Weighted mean > Manufactured products 5.64%
Ranked 55th. 3 times more than United States
1.9%
Ranked 86th.

Exports > Merchandise > Exports to third world economies in Middle East and North Africa > % of total merchandis 0.0
Ranked 155th.
1.39%
Ranked 74th.

Exports > Merchandise > Exports to third world economies in Sub-Saharan Africa > % of total merchandise > Exports 0.29%
Ranked 122nd.
1.38%
Ranked 84th. 5 times more than Trinidad and Tobago

SOURCES: World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; United Nations Statistics Division. Source tables; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Development Indicators database; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organisation.; World Trade Organization Trade Profiles database, loaded 2010; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations, Comtrade database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations, Comtrade database. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics. World Bank World Development Indicators.; World Bank, Doing Business project (http://www.doingbusiness.org/).; United Nations, Comtrade database.; World Bank national accounts data; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Trade Organisation.

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