Trinidad and Tobago vs Venezuela, Bolivarian Republic of: Net trade in goods and services
Net trade in goods and services over time
- Trinidad and Tobago
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 2.87 billion BoP, current US$ against 1.88 billion BoP, current US$ in Trinidad and Tobago, a difference of 992.69 million BoP, current US$.
That makes Venezuela, Bolivarian Republic of's figure about 1.5 times Trinidad and Tobago's.
The two have swapped places 14 times across 42 shared years of data; in 1975 it was Venezuela, Bolivarian Republic of ahead.
Trinidad and Tobago ranks 60th and Venezuela, Bolivarian Republic of ranks 57th of 200 countries.
Across the 5 decades both report, Trinidad and Tobago averaged higher in 1 and Venezuela, Bolivarian Republic of in 4.
Head to head by decade
| Decade | Trinidad and Tobago | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 325.22 million BoP, current US$ | -1.01 billion BoP, current US$ | 1.34 billion BoP, current US$ | Trinidad and Tobago |
| 1980s | 68.47 million BoP, current US$ | 2.66 billion BoP, current US$ | 2.59 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 1990s | 409.40 million BoP, current US$ | 3.77 billion BoP, current US$ | 3.36 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2000s | 3.73 billion BoP, current US$ | 17.00 billion BoP, current US$ | 13.26 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2010s | 4.88 billion BoP, current US$ | 10.76 billion BoP, current US$ | 5.88 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Trinidad and Tobago or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 2.87 billion BoP, current US$ against 1.88 billion BoP, current US$ in Trinidad and Tobago as of 2016.
- What is the difference in net trade in goods and services between Trinidad and Tobago and Venezuela, Bolivarian Republic of?
- 992.69 million BoP, current US$, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Trinidad and Tobago and Venezuela, Bolivarian Republic of?
- 42 years are reported by both, from 1975 to 2016.
- How do Trinidad and Tobago and Venezuela, Bolivarian Republic of rank globally for net trade in goods and services?
- Trinidad and Tobago ranks 60th and Venezuela, Bolivarian Republic of ranks 57th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.