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Trinidad and Tobago

Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America. Economic growth between 2000 and 2007 averaged slightly over 8%, significantly above the regional average of about 3.7% for that same period; however, it has slowed down since then and contracted about 2.7% in 2009. Growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the l...  More..

Economy of Trinidad and Tobago
SOURCE: CIA - The World Factbook
Currency Trinidad and Tobago Dollar
GDP (PPP) $28.41 billion (2009 est.)
GDP (per capita) $23,100 (2009 est.)
Exports $10.64 billion (2009 est.)
Imports $7.449 billion (2009 est.)
Main Industries Petroleum, Chemicals, Tourism, Food Processing, Cement, Beverage, Cotton Textiles
Exports - Commodities Petroleum and Petroleum Products, Liquefied Natural Gas (Lng), Methanol, Ammonia, Urea, Steel Products, Beverages, Cereal and Cereal Products, Sugar, Cocoa, Coffee, Citrus Fruit, Vegetables, Flowers
Imports - Commodities Mineral Fuels, Lubricants, Machinery, Transportation Equipment, Manufactured Goods, Food, Chemicals, Live Animals
Exports Partners US 44.8%, Spain 7.8%, Jamaica 7%, Netherlands 7%, Mexico 4.9% (2008)
Imports Partners US 26.1%, Brazil 8.6%, Venezuela 7.7%, Colombia 6.1%, Russia 5.3%, China 4% (2008)

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