Strong foundation for bilateral cooperation in diverse areas.
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
FDI inflows to India from April 2000-March 2021
Bilateral trade value in 2021-22
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
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
India exports mainly pharmaceutical products, ready-made garments and home furnishings, machinery, iron and steel products. to Grenada
Areas for India-Dominica cooperation include food processing, small-scale manufacturing, renewable energy, pharmaceuticals, eco-tourism, education and sports
India exports mainly electrical machinery, equipment and parts as well as organic chemicals to Montserrat, with potential in energy and tourism
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 historic and warm relations with the countries of the Caribbean witnessed a new momentum with the meeting of PM Modi with 14 leaders of the CARICOM group of countries on the sidelines of the United Nations General Assembly in September 2019 in New York.
India's Exports and Imports to Trinidad and Tobago
Source: Department of Commerce
Values in US $ Millions
Country / Region: TRINIDAD
|3.||India’s Total Export||303,526.16||330,078.09||313,361.04||291,808.48||422,004.40|
|8.||India’s Total Import||465,580.99||514,078.42||474,709.28||394,435.88||613,052.05|
|13.||India’s Total Trade||769,107.15||844,156.51||788,070.32||686,244.36||1,035,056.45|
|17.||India’s Trade Balance||-162,054.83||-184,000.33||-161,348.24||-102,627.40||-191,047.65|
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Trinidad and Tobago
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Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)agriexchange.apeda.gov.in
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)agriexchange.apeda.gov.in
Cheese (excl. of 0406.10-0406.40) (040690)
Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
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Here are the leading sectors of opportunities for foreign investors
India's Bank of Baroda has operations in Trinidad and Tobago.
Gujarat Apollo Industries has set up an Asphalt plant in Dominica.
India's Angelique International has supplied diesel generator in Montserrat.
Arcelor Mittal Steel operates a plant in Trinidad and Tobago.
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