- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Overseas Indians represent 42% of Trinidad & Tobago's total population
The Indian High Commission in Trinidad & Tobago also deals with India's exchanges with Grenada, Dominica and Montserrat.
The Trade Agreement between India and T&T accords Most Favoured Nation (MFN) status to each other
T&T provide excellent opportunities to exporters from India to access the Caribbean region
US$ 2.99mn
FDI inflows to India from April 2000-March 2021
US$ 205.47mn
Bilateral trade value in 2021-22
562,500
Overseas Indians in T&T, Grenada, Dominica and Montserrat
Concurrent Accreditation The Mission in Trinidad and Tobago also handles India's bilateral relations with Grenada, Dominica and Montserrat
USPs
Low business costs and access to global markets are Trinidad and Tobago most unique selling propositions.
Oil and gas
Trinidad and Tobago with its rich oil and gas resources has a GDP of US$22b
Grenada
India exports mainly pharmaceutical products, ready-made garments and home furnishings, machinery, iron and steel products. to Grenada
Dominica
Areas for India-Dominica cooperation include food processing, small-scale manufacturing, renewable energy, pharmaceuticals, eco-tourism, education and sports
Montserrat
India exports mainly electrical machinery, equipment and parts as well as organic chemicals to Montserrat, with potential in energy and tourism
MoUs
Participation in Agriculture, Education, Research, Science & Technology, Development of Small Scale Industries, Double Taxation Avoidance Agreement and Bilateral Investment Promotion and Protection Agreement are some of the MoUs Signed between India & Trinidad & Tobago
India's Exports and Imports to Trinidad and Tobago
Source: Department of Commerce
Dated: 22/02/2023
Values in US $ Millions
Country / Region: TRINIDAD
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 88.69 | 83.75 | 85.11 | 74.79 | 93.27 |
| 2. | %Growth | -5.57 | 1.62 | -12.12 | 24.71 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
| 6. | IMPORT | 42.48 | 195.37 | 84.42 | 189.36 | 112.20 |
| 7. | %Growth | 359.93 | -56.79 | 124.30 | -40.75 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.01 | 0.04 | 0.02 | 0.05 | 0.02 |
| 11. | TOTAL TRADE | 131.17 | 279.13 | 169.53 | 264.15 | 205.47 |
| 12. | %Growth | 112.79 | -39.26 | 55.81 | -22.22 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.02 | 0.03 | 0.02 | 0.04 | 0.02 |
| 16. | TRADE BALANCE | 46.22 | -111.62 | 0.68 | -114.57 | -18.93 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Trinidad and Tobago Chamber of Industry and Commerce
(+868) 637 6966
Columbus Circle Westmoorings, P.O. Box 499 Port of Spain, Trinidad W.I.
InvesTT
(+868) 225 5819
Level 18, Tower D, International Waterfront Centre, Wrightson Road, Port of Spain, Trinidad W.I
Association of Caribbean States
(+868) 622 9575
5-7 Sweet Briar Road, St. Clair, P.O. Box 660, Port of Spain, Trinidad and Tobago, West Indies
Economic Commission for Latin America
(+868) 224 8000
Av. Dag Hammarskjöld 3477, VitacuraSantiago de Chile
Indian Trade Promotion Organisation
(+91) 11 2337 1540
Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005
High Commission of India, Trinidad and Tobago
(+868) 225 4340
Address: P.O.Box No. 530
6, Victoria Avenue, Port of Spain
Trinidad and Tobago
Fax: 001-868-2254248
Commercial Representative
(+868) 225 4340 (Ext 103); 225 4344 (Direct); 461 1580
Second Secretary (Com) / CR
Commercial Representative
(+868) 225 4340 (Ext 125); 431 1580
Marketing Assistant
