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We use cookies to collect information about how you use great. We use this information to make the website work as well as possible and improve government services. You've accepted all cookies. You can change your settings at any time. Read our latest updates for more information on the status of this agreement and how it may benefit your business. Digitisation is a key theme for the government. This will affect all sectors and provide opportunities and demand for UK expertise associated with cyber security, business processes, digital marketplaces, among others. Source: ONS UK total trade: all countries, seasonally adjusted Last updated: July Total trade is the sum of all exports and imports over the same time period. Download the latest trade and investment factsheet for Trinidad and Tobago. Want to see more on Trinidad and Tobago? Sign up for additional market data, content specific to your product or sector and to compare Trinidad and Tobago side by side with other markets. Healthcare continues to be an area of priority for the government of Trinidad and Tobago. This is an increase of 0. Trinidad and Tobago presents significant opportunities for UK manufacturers of high-quality generic and branded pharmaceutical products. The government is looking to provide modern state-of-the-art healthcare in its medical facilities. This will be achieved by furnishing the facilities with equipment to provide diagnostic services and treatment. This will be through the establishment of a technology-driven health information system. Security continues to be a main area of priority for the government. Trinidad and Tobago presents significant opportunities for UK capabilities in the security sector. There is currently a security memorandum of understanding between the governments of Trinidad and Tobago and the UK regarding a framework for security cooperation. There is a perception the UK has a reputation of producing high quality goods and a high standard of providing services. Trinidad and Tobago is a mature energy province, with approximately years of experience. The government is actively encouraging new exploration activity, with a focus on natural gas exploration. Deep water exploration prospects are also being pursued. The country has many downstream manufacturing plants exporting ammonia, nitrogen and methanol. Upstream investment means there are export opportunities for UK companies. Indigenous service companies in the market provide high-quality prospects for local partnerships. Occasional bid rounds are issued by the government to encourage investment and procurement of products and services. Areas of opportunities include consultancy services to conducting feasibility studies and analyses, investment in solar projects, low carbon transport and wind energy. Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting. See current trade barriers. See resolved trade barriers. Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products. See current duties and customs procedures. The UK has a double taxation agreement with Trinidad and Tobago, meaning the same income is not taxed twice. If you are registered for VAT, it may be possible to zero-rate the goods you export to Trinidad and Tobago, provided certain conditions are met. VAT is applied to both goods and services in Trinidad and Tobago and is included in the final price of the product. VAT is applied at a rate of Imported goods should show the country of origin and name of the importer. Information should be in English. Check for any reported barriers to trading with Trinidad and Tobago. Report any trade barriers that are affecting your business so we can help fix them. Intellectual property IP rights are territorial and rights granted in the UK do not provide protection elsewhere. You should consider getting IP protection abroad if you want to trade overseas or sell to overseas customers via the internet. The Intellectual Property Office provides practical information to help you protect, manage and enforce your IP abroad. The most common means of payment in Trinidad and Tobago are cash, cheques, credit and debit cards, and electronic transfers. Both governments have signed an agreement to help protect UK companies' FDI and the interests of associated nationals in Trinidad and Tobago, and vice versa. For work-related activities, you can enter the country for up to 30 days without a work permit, once during any consecutive 12 month period. A work permit is required beyond this. You can apply for work permits and work permit extensions through TTBizLink. Online applications will be processed within 14 working days. DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors. Tell us whether you accept cookies We use cookies to collect information about how you use great. Accept all cookies Set cookie preferences. For UK businesses For international businesses. Exporting guide to Trinidad and Tobago. Related services View export opportunities Find latest export events View latest trade statistics Find an online marketplace Check duties and customs Check for trade barriers. Digitisation Digitisation is a key theme for the government. Change to table view. Trinidad and Tobago: at a glance Economic growth Sign up for free. Life sciences and healthcare. Pharmaceuticals Trinidad and Tobago presents significant opportunities for UK manufacturers of high-quality generic and branded pharmaceutical products. Medical devices The government is looking to provide modern state-of-the-art healthcare in its medical facilities. Opportunities for UK companies Trinidad and Tobago presents significant opportunities for UK capabilities in the security sector. Memorandum of Understanding There is currently a security memorandum of understanding between the governments of Trinidad and Tobago and the UK regarding a framework for security cooperation. A sophisticated sector Upstream investment means there are export opportunities for UK companies. Check for trade barriers Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. See current trade barriers See resolved trade barriers. Check duties and customs Find information on how to export goods from the UK. Doing business in Trinidad and Tobago. Preparing to export The UK has a double taxation agreement with Trinidad and Tobago, meaning the same income is not taxed twice. Regulations There are several governmental regulation agencies in Trinidad and Tobago including: Regulated Industries Commission for utilities and telecommunications Chemistry, Food and Drugs Division for healthcare and food and drink Environmental Management Authority for environmental clearance certificates Ministry of Energy for oil and gas exploration Trinidad and Tobago Bureau of Standards for all sectors except food, drugs and cosmetics Labelling and packaging Imported goods should show the country of origin and name of the importer. Trade barriers Check for any reported barriers to trading with Trinidad and Tobago. Operating in Trinidad and Tobago Intellectual property Intellectual property IP rights are territorial and rights granted in the UK do not provide protection elsewhere. Payment terms 30 to 90 day payment terms will be expected. Entry requirements UK visitors can enter Trinidad and Tobago and stay for up to 3 months without a visa. Next steps DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors. Read more advice about doing business abroad. Get in touch with one of our trade advisers. Is there anything wrong with this page? Other miscellaneous manufactures intermediate. Other manufactures intermediate. General industrial machinery intermediate. Miscellaneous electrical goods intermediate.

Buy drugs Trinidad and Tobago

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