Trinidad and Tobago's major exports reflect the country's significant energy resources and manufacturing capabilities. By maintaining strong trading relationships with key partners such as the United States, Brazil, and Jamaica, Trinidad and Tobago continues to develop its export sector, contributing to its economic growth and international trade presence.
Petroleum and Petroleum Products
Petroleum and petroleum products are the cornerstone of Trinidad and Tobago's economy. The export volume for petroleum products, including crude oil, reaches approximately 40 million barrels, with a value of around $4 billion. Key trading partners in this sector include the United States, Jamaica, and the Netherlands.
Natural Gas
Trinidad and Tobago is a leading exporter of natural gas, leveraging its substantial reserves. The export volume of natural gas is estimated at approximately 35 billion cubic meters, with a value of around $2.5 billion. Key trading partners for natural gas include the United States, Brazil, and Argentina.
Ammonia and Urea
Trinidad and Tobago is a significant global exporter of ammonia and urea, derived from its natural gas reserves. The export volume for ammonia and urea reaches approximately 2 million metric tons, valued at $1 billion. Key trading partners in this sector include the United States, Brazil, and Mexico.
Methanol
Methanol production is a key industry in Trinidad and Tobago, utilizing its natural gas resources. The export volume for methanol stands at around 1.5 million metric tons, with a value of $900 million. Key trading partners in this sector include the United States, Canada, and Mexico.
Liquified Natural Gas (LNG)
Trinidad and Tobago also exports liquified natural gas, which is derived from its abundant natural gas reserves. The export volume for LNG reaches approximately 15 million metric tons, valued at $800 million. Key trading partners in this sector include the United States, Spain, and South Korea.
Iron and Steel Products
Trinidad and Tobago exports iron and steel products, including billets, rods, and bars. The export volume for iron and steel products is estimated at approximately 100,000 metric tons, with a value of $500 million. Key trading partners in this sector include the United States, Colombia, and Panama.
Chemicals and Plastics
The chemical and plastics industry in Trinidad and Tobago contributes to its export sector. The export volume for chemicals and plastics reaches around 200,000 metric tons, valued at $400 million. Key trading partners in this sector include the United States, Brazil, and Mexico.
Cement and Building Materials
Trinidad and Tobago exports cement and building materials, supporting construction projects in the region. The export volume for cement and building materials stands at approximately 200,000 metric tons, with a value of $300 million. Key trading partners in this sector include Jamaica, Guyana, and Barbados.
Food and Beverages
Trinidad and Tobago exports various food and beverage products, including processed foods, beverages, and condiments. The export volume for food and beverages is estimated at around $200 million. Key trading partners in this sector include the United States, Canada, and the United Kingdom.
Plastics and Rubber Products
Trinidad and Tobago also exports plastics and rubber products, including packaging materials and industrial components. The export volume for plastics and rubber products reaches approximately 50,000 metric tons, with a value of $150 million. Key trading partners in this sector include the United States, Jamaica, and Barbados.
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