Trinidad and Tobago - Market OpportunitiesTrinidad & Tobago - Opportunties
- TT is a small island state with a trade surplus thanks to hydrocarbon and petrochemical wealth. Despite the recent recession, its population is accustomed to a high and steadily increasing standard of living, but the country is without capacity to meet most of its needs internally, so it must import. Trinidad and Tobago imports over 70 percent of its food, primarily from the United States. The country also imports equipment and supplies required for TT’s small but growing manufacturing sector. The sector is positioned to grow thanks to government support through incentives offered for export focused manufacturers, developing niche markets in creative industries, and encouraging expansion of agri-business. A high crime rate creates a need for safety and security products. Information and Communication Technology are in demand. Entertainment and tourism-related equipment and services may have potential. The government is actively seeking tourism investment projects that will have spin-off effects for equipment and other products.