Fuel exports in Trinidad and Tobago
Trinidad and Tobago: Fuel exports was 31.3% in 2024. ▼ Falling
Fuel exports in Trinidad and Tobago, 1968–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
Trinidad and Tobago recorded 31.3% for fuel exports in 2024.
That represents a change of up 12.2% on the previous year and down 47.5% over ten years.
Over the whole period, fuel exports in Trinidad and Tobago peaked at 92.8% in 1980 and was at its lowest, 23.8%, in 2021.
Trinidad and Tobago ranks 34th of 192 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Fuel exports in Trinidad and Tobago, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1968 | 77.8% | — |
| 1969 | 77.2% | -0.8% |
| 1970 | 77.2% | +0.1% |
| 1971 | 77.4% | +0.2% |
| 1972 | 77.8% | +0.5% |
| 1973 | 82.2% | +5.7% |
| 1974 | 90.2% | +9.8% |
| 1975 | 87.1% | -3.5% |
| 1976 | 90.4% | +3.9% |
| 1977 | 91.6% | +1.3% |
| 1978 | 89.6% | -2.2% |
| 1979 | 90.8% | +1.4% |
| 1980 | 92.8% | +2.2% |
| 1981 | 89.6% | -3.5% |
| 1982 | 87.3% | -2.6% |
| 1983 | 83.5% | -4.4% |
| 1984 | 81.0% | -3.0% |
| 1985 | 79.1% | -2.3% |
| 1986 | 70.7% | -10.6% |
| 1987 | 71.2% | +0.7% |
| 1991 | 66.1% | -7.2% |
| 1992 | 65.4% | -1.1% |
| 1993 | 56.5% | -13.6% |
| 1994 | 49.2% | -13.0% |
| 1995 | 47.9% | -2.6% |
| 1996 | 52.6% | +9.8% |
| 1997 | 48.2% | -8.3% |
| 1998 | 44.5% | -7.6% |
| 1999 | 54.1% | +21.4% |
| 2000 | 65.3% | +20.7% |
| 2001 | 51.9% | -20.5% |
| 2002 | 60.1% | +15.8% |
| 2003 | 68.3% | +13.6% |
| 2004 | 60.2% | -11.8% |
| 2005 | 70.2% | +16.6% |
| 2006 | 76.5% | +8.9% |
| 2007 | 66.1% | -13.6% |
| 2008 | 70.0% | +5.9% |
| 2009 | 79.0% | +12.9% |
| 2010 | 66.1% | -16.3% |
| 2011 | 59.1% | -10.6% |
| 2012 | 57.8% | -2.2% |
| 2013 | 63.8% | +10.4% |
| 2014 | 59.6% | -6.5% |
| 2015 | 49.3% | -17.3% |
| 2016 | 38.0% | -23.0% |
| 2017 | 52.9% | +39.2% |
| 2018 | 54.8% | +3.7% |
| 2019 | 43.2% | -21.3% |
| 2020 | 29.2% | -32.3% |
| 2021 | 23.8% | -18.7% |
| 2022 | 28.8% | +21.3% |
| 2023 | 27.9% | -3.2% |
| 2024 | 31.3% | +12.2% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 31.3% is above the median for high income countries, which is 4.8%, 6.6× the median. (70 countries reporting)
- Trinidad and Tobago's 31.3% is above the median for Latin America & Caribbean, which is 3.0%, 10.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 77.5% | 77.2% | 77.8% | 2 |
| 1970s | 85.4% | 77.2% | 91.6% | 10 |
| 1980s | 81.9% | 70.7% | 92.8% | 8 |
| 1990s | 53.8% | 44.5% | 66.1% | 9 |
| 2000s | 66.7% | 51.9% | 79.0% | 10 |
| 2010s | 54.5% | 38.0% | 66.1% | 10 |
| 2020s | 28.2% | 23.8% | 31.3% | 5 |
Countries ranked near Trinidad and Tobago
More energy & mining data for Trinidad and Tobago
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -6.92 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Fuel imports 15.3% (2024)
- Ores and metals imports 5.9% (2024)
Frequently asked questions
- What is fuel exports in Trinidad and Tobago?
- Fuel exports in Trinidad and Tobago was 31.3% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Trinidad and Tobago?
- The highest recorded value was 92.8% in 1980.
- What is the lowest fuel exports recorded in Trinidad and Tobago?
- The lowest recorded value was 23.8% in 2021.
- How does Trinidad and Tobago rank for fuel exports?
- Trinidad and Tobago ranks 34th out of 192 countries with data for 2024.
- Is fuel exports rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 47.5%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.