Trinidad and Tobago
On this page you will find beneficial information regarding foreign direct investment in / trading with Trinidad and Tobago. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 1.526 million (2021)
GDP: 24.46 billion USD (2021)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 25%
Major Exports: Ammonia ($1.74B), Acyclic Alcohols ($1.7B), Petroleum Gas ($1.34B), Crude Petroleum ($1.32B), and Iron Reductions ($796M), exporting mostly to United States ($3.63B), Guyana ($580M), China ($523M), Mexico ($372M), and Belgium ($354M).
Major Imports: Refined Petroleum ($590M), Iron Ore ($480M), Iron Structures ($298M), Excavation Machinery ($183M), and Passenger and Cargo Ships ($175M), importing mostly from United States ($2.39B), China ($576M), Mexico ($360M), Brazil ($350M), and Canada ($267M).
Investment Agency: InvesTT
National Chamber of Commerce: Trinidad and Tobago Chamber of Industry and Commerce
Customs Agency: Trinidad and Tobago Customs and Excise Division