Earlier Report Observations
The market volume for coconuts, Brazil nuts and cashews in Trinidad and Tobago fluctuated between 2018 and 2023, starting at 18 799 t in 2018 and ending at 21 350 t in 2023. After a stable period around 18 800 t in 2018-2019, the market contracted to 17 616 t in 2020, then entered a recovery phase.
Domestic production, a key component of market size, fell from 18 000 t to 16 800 t between 2020 and 2021 before increasing to 20 400 t in 2022-2023. Concurrently, imports grew steadily from 801 t in 2018 to over 1 000 t in 2022, providing additional supply to the market.
The combined effect of rising production and imports led to a significant expansion of the market to 21 433 t in 2022, the highest volume in the observed period, before a slight correction to 21 350 t in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Trinidad and Tobago
- 5.1.1. Annual dynamics of production in Trinidad and Tobago in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Trinidad and Tobago in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Trinidad and Tobago
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coconuts, Brazil nuts and cashews in Trinidad and Tobago
In kind, 2017-2020, t
Top producers of coconuts, Brazil nuts and cashews, 2017-2020
World map of production of coconuts, Brazil nuts and cashews, 2017-2020
Trinidad and Tobago produced 16 800 tonnes of coconuts, Brazil nuts, and cashews in 2020, representing a gradual year-over-year decline of 6.7%. From 2017 to 2020, production fell by 6.7%, which translates to an average annual decrease of 2.3%. The most stable period was in 2018, with no significant change recorded.
Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | (6.7%) | (2.3%) |
Exports coconuts, Brazil nuts and cashews from Trinidad and Tobago
Exports in kind, t
Export volumes showed considerable volatility during this period. In 2020, Trinidad and Tobago exported 1.1 tonnes of coconuts, Brazil nuts, and cashews, marking a 54.0% drop from 2019. The largest decline occurred in 2018 at 56.2%, while the biggest increase was in 2019 at 35.1%. Overall, export volumes varied 3.7 times from the high in 2017 to the low in 2020.
Annual dynamics of product's exports from Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (56.2%) | 35.1% | (54.0%) | (35.2%) |
From 2017 to 2020, the key export partners for Trinidad and Tobago's coconuts, Brazil nuts, and cashews were Bunkers (19.7% of exports in kind), Jamaica (19.6%), and Canada (13.3%). Together, these three partners accounted for 52.5% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Trinidad and Tobago in kind, 2017-2020
Exports in value, K $ US
The export market exhibited volatility over the observed years. In 2020, shipments of coconuts, Brazil nuts, and cashews from Trinidad and Tobago were valued at 8 000 US dollars, an 18.9% decrease from 2019. The lowest value was recorded in 2018 at 5 000 US dollars, with the largest decline that year at 87.8%. The highest value occurred in 2017, and the largest increase was in 2019 at 112.8%. The peak-to-trough ratio between 2017 and 2018 was 8.2 times.
Annual dynamics of product's exports from Trinidad and Tobago in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (87.8%) | 112.8% | (18.9%) | (40.6%) |
Between 2017 and 2020, Jamaica (41.1% of exports in value terms), Bunkers (20.8%), and Aruba (12.1%) were the top buyers of coconuts, Brazil nuts, and cashews from Trinidad and Tobago. Their combined share reached 74.1% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Trinidad and Tobago in value, 2017-2020
Imports coconuts, Brazil nuts and cashews to Trinidad and Tobago
Imports in kind, t
Import volumes of coconuts, Brazil nuts, and cashews into Trinidad and Tobago increased for the second consecutive year. In 2020, imports reached 817.0 tonnes, a slight 0.6% improvement over 2019. The lowest volume was in 2018 at 800.5 tonnes, with the largest decline that year at 1.0%. The largest increase occurred in 2019 at 1.5%.
Annual dynamics of product's imports to Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.0%) | 1.5% | 0.6% | 0.4% |
From 2017 to 2020, India (48.7% of imports in kind), Vietnam (24.6%), and Saint Vincent and the Grenadines (10.4%) were the leading suppliers of coconuts, Brazil nuts, and cashews to Trinidad and Tobago. Together, they represented 83.7% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Trinidad and Tobago in kind, 2017-2020
Imports in value, K $ US
Import values of coconuts, Brazil nuts, and cashews into Trinidad and Tobago declined for the third consecutive year. In 2020, imports totaled 5 738 000 US dollars, a 2.5% decrease from the previous year. From 2017 to 2020, imports fell by 17.1%, equivalent to an average annual decline of 6.0%.
Annual dynamics of product's imports to Trinidad and Tobago in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.9%) | (12.4%) | (2.5%) | (6.0%) |
Throughout 2017–2020, the import structure in value terms was dominated by India and Vietnam, which together accounted for 90.8% of total flows. Other markets contributed smaller shares, forming a long tail in the distribution.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Trinidad and Tobago in value, 2017-2020
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