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Friday, November 17 2017 @ 10:39 PM AST

Trinidad & Tobago lost its US$822 million trade surplus with South Korea

As the International Monetary Fund (IMF) Direction of Trade Statistics (DOTS) chart below shows, the deficit is relatively small but still, Trinidad & Tobago is now importing more from than it was exporting to Korea. In 2012, the Korean embassy in Port of Spain confirmed T&T exported US$822 million more to Korea than vice versa. (Korea=South Korea, of course).


SOURCE: IDB October 2017, Korea: new frontiers in the Asia-Latin America relationship / Mauricio Mesquita Moreira, Theodore Kahn





SOURCE: IDB October 2017, Korea: new frontiers in the Asia-Latin America relationship / Mauricio Mesquita Moreira, Theodore Kahn




* * NOTE: FROM THE TURN OF THE MILLENNIUM, CHINA TOOK A KEEN INTEREST IN LATIN AMERICA AND THE CARIBBEAN (LAC)


SOURCE: IDB October 2017, Korea: new frontiers in the Asia-Latin America relationship / Mauricio Mesquita Moreira, Theodore Kahn





SOURCE: IDB October 2017, Korea: new frontiers in the Asia-Latin America relationship / Mauricio Mesquita Moreira, Theodore Kahn

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