Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Trinidad and Tobago | Imports and Exports | World | Margarine | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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The value of exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" from Trinidad and Tobago totalled $ 6.64 million in 2022. Sales of commodity group 1517 from Trinidad and Tobago decreased by 5.73% in value terms compared to 2021. exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" decreased by $ 404 thousand (cumulative exports of commodity group 1517 from Trinidad and Tobago amounted $7.04 million in 2021)

Exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" amounted to 0.057% of total exports from Trinidad and Tobago (cumulative merchandise exports from Trinidad and Tobago totalled $ 11.5 billion in 2022). The share of commodity group 1517 in total exports from Trinidad and Tobago decreased by 0.024 p.p. compared to 2021 (it was 0.081% in 2021 and cumulative exports from Trinidad and Tobago were equal to $ 8.62 billion).

Exports of commodity group 1517 amounted to 52% of total sales of group "" from Trinidad and Tobago in 2022 (the value of exports of commodity group from Trinidad and Tobago amounted to $12.6 million in 2022). The share of exports of commodity group 1517 in sales of commodity group from Trinidad and Tobago lowered by 8.86 p.p. compared to 2021 (it was 61% in 2021, and exports of commodity group from Trinidad and Tobago were $11.4 million).

Where does Trinidad and Tobago export Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16?

Top export destinations of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" from Trinidad and Tobago in 2022:

  • Grenada with a share of 20% (1.37 million US$)
  • Guyana with a share of 15.4% (1.02 million US$)
  • Saint Vincent and the Grenadines with a share of 11.4% (762 thousand US$)
  • Saint Kitts and Nevis with a share of 11.1% (740 thousand US$)
  • Curacao with a share of 10.6% (707 thousand US$)
  • Jamaica with a share of 7.85% (521 thousand US$)
  • Barbados with a share of 4.76% (316 thousand US$)
  • USA with a share of 4.42% (293 thousand US$)
  • Antigua and Barbuda with a share of 3.8% (252 thousand US$)
  • Saint Maarten with a share of 3.6% (239 thousand US$)

Exports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - from Trinidad and Tobago in 2022 represented by the following main commodity groups:

  • 84% (5.59 million US$): 151710 - Margarine (excl. liquid margarine)
  • 15.7% (1.04 million US$): 151790 - Edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, n.e.c. in heading 1517, other than edible fats and oils or their fractions of heading 15.16

The value of imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" to Trinidad and Tobago totalled $ 11.3 million in 2022. Sales of commodity group 1517 to Trinidad and Tobago went up by 61% compared to 2021: imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" went up by $ 4.32 million (the value of imports of commodity group 1517 to Trinidad and Tobago was equal to $6.97 million in 2021)

Imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" accounted for 0.182% of total import flow to Trinidad and Tobago (in 2022, total imports to Trinidad and Tobago amounted to $ 6.2 billion). The share of commodity group 1517 in total imports to Trinidad and Tobago increased by 0.061 p.p. compared to 2021 (it was 0.121% in 2021 and cumulative imports to Trinidad and Tobago were equal to $ 5.76 billion).

Imports of commodity group 1517 reached 10.7% of total imports of group "" to Trinidad and Tobago in 2022 (imports of commodity group to Trinidad and Tobago totalled $105 million in 2022). The share of purchases of commodity group 1517 in total imports of commodity group to Trinidad and Tobago increased by 0.689 p.p. compared to 2021 (it was 10% in 2021, and imports of commodity group to Trinidad and Tobago accounted for $69 million).

Where does Trinidad and Tobago import Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 from?

Top trading partners (import of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16") of Trinidad and Tobago in 2022:

  • Barbados with a share of 39% (4.47 million US$)
  • Jamaica with a share of 25% (2.85 million US$)
  • USA with a share of 17.6% (1.99 million US$)
  • Suriname with a share of 12.4% (1.4 million US$)
  • Guyana with a share of 2.43% (275 thousand US$)
  • Sweden with a share of 1.59% (180 thousand US$)
  • Canada - 74 thousand US$
  • Malaysia - 22 thousand US$
  • Hong Kong - 18.9 thousand US$
  • United Kingdom - 189 US$

Imports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - to Trinidad and Tobago in 2022 represented by the following main commodity groups:

  • 77% (8.79 million US$): 151710 - Margarine (excl. liquid margarine)
  • 22% (2.51 million US$): 151790 - Edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, n.e.c. in heading 1517, other than edible fats and oils or their fractions of heading 15.16

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Trinidad and Tobago | Imports and Exports | World | Margarine | Value (US$) and Value Growth, YoY (%) | 2011 - 2022