Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Balance of Visible Trade /TT$ Millions/

Appendix 29
Balance of Visible Trade
/TT$ Millions/
2020r2021r2022r2023r2024pOct'23 / Jun '24rOct'24 / Jun '25p
Total Visible Trade
Exports37,284.9 56,427.5 84,942.5 59,153.6 64,679.8 43,882.0 38,836.4
Imports37,719.5 44,494.0 50,608.8 47,585.5 48,452.4 35,120.7 32,962.3
Balance(434.6)11,933.5 34,333.7 11,568.1 16,227.4 8,761.3 5,874.1
Trade in Mineral Fuels (Total)
Exports12,958.6 14,004.7 22,592.4 19,328.5 21,193.9 13,692.0 11,919.9
Imports5,616.0 5,535.9 8,558.3 7,934.8 5,226.8 3,920.1 2,140.0
Balance7,342.7 8,468.8 14,034.1 11,393.7 15,967.1 9,771.9 9,779.9
of which:
Oil
Exports9,587.9 10,710.3 15,217.4 10,987.8 11,904.0 8,704.2 7,634.8
Imports5,599.6 5,527.1 8,548.4 7,890.1 5,201.7 3,884.8 2,117.6
Balance3,988.3 5,183.2 6,669.0 3,097.7 6,702.3 4,819.4 5,517.2
Gas
Exports3,370.7 3,294.3 7,374.8 8,340.4 9,289.5 4,987.4 4,284.0
Imports2.7 1.1 2.2 2.9 1.7 1.5 0.9
Balance3,368.0 3,293.2 7,372.6 8,337.5 9,287.8 4,985.9 4,283.1
Trade Excluding Mineral Fuels
Exports24,326.2 42,422.8 62,350.1 39,825.1 43,485.9 30,190.0 26,916.5
Imports32,103.5 38,958.1 42,050.5 39,650.7 43,225.6 31,200.6 30,822.3
Balance(7,777.2)3,464.7 20,299.6 174.4 260.3 (1,010.6)(3,905.8)
Petro-Chemicals (Total)
Exports10,855.2 24,193.5 39,558.8 21,387.9 18,747.3 14,121.2 14,288.8
Imports0.8 4.0 1.3 1.4 0.6 0.5 0.7
Balance10,854.4 24,189.5 39,557.6 21,386.5 18,746.6 14,120.7 14,288.1
of which:
Ammonia
Exports4,409.2 11,406.8 25,312.2 10,054.0 8,478.3 6,476.0 6,684.4
Imports0.6 0.5 0.7 1.1 0.4 0.3 0.4
Balance4,408.6 11,406.3 25,311.5 10,052.9 8,477.9 6,475.7 6,684.0
Methanol
Exports5,296.7 10,345.9 12,022.3 10,429.9 9,160.6 6,934.9 6,187.6
Imports0.2 3.4 0.3 0.1 0.1 0.1 0.2
Balance5,296.5 10,342.5 12,022.0 10,429.7 9,160.5 6,934.8 6,187.4
Urea
Exports1,149.4 2,440.8 2,224.3 904.1 1,108.3 710.3 1,416.8
Imports0.0 0.2 0.3 0.2 0.1 0.1 0.0
Balance1,149.3 2,440.7 2,224.0 903.8 1,108.2 710.2 1,416.8
Source: Central Statistical Office
p: provisional r: revised
COVID-19 restrictions implemented in 2020.
Energy: Mineral fuels and Petro-chemicals
Estimates were calculated by the CSO for the export of gas and the import of oil in fiscal years 2024 and 2025 using data from energy companies.