Earlier Report Observations
The copra market in Trinidad and Tobago contracted from 2 489 tons in 2018 to 2 094 tons in 2021. This decline was most pronounced in 2020, when market volume fell by over 10% to 2 098 tons, before stabilizing near that level in 2021.
A sharp turnaround occurred in 2022, as the market expanded by 48% to reach 3 108 tons. This growth was short-lived, however, with volume receding to 2 829 tons in 2023, a decrease of 9%.
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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/kg
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7.1. Exports (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 copra in Trinidad and Tobago
In kind, 2017-2020, t
Top producers of copra, 2017-2020
World map of production of copra, 2017-2020
Trinidad and Tobago's copra production declined for the second year in a row. In 2020, the country produced 1 968 tonnes of copra, marking a moderate 9.2% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 12.4%, with an average annual decline of 4.3%. The highest production level was recorded in 2018 at 2 255 tonnes, which also saw the largest increase of 0.4% during this timeframe.
Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.4% | (3.9%) | (9.2%) | (4.3%) |
Exports copra from Trinidad and Tobago
Exports in kind, t
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 | n/a | n/a | n/a | - |
From 2017 to 2020, Antigua and Barbuda was the sole destination for Trinidad and Tobago's exports in kind, accounting for 100.0% 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
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 | n/a | n/a | n/a | - |
Between 2017 and 2020, the export market in value terms was highly concentrated, with Antigua and Barbuda alone representing 100.0% of total export flows.
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 copra to Trinidad and Tobago
Imports in kind, t
Trinidad and Tobago's copra imports fell for the second consecutive year. In 2020, import volume reached 130.0 tonnes, showing a sharp 29.0% drop year-over-year. Over the 2017-2020 period, imports decreased by 33.3%, with an average annual decline of 12.6%. The peak import volume was in 2018 at 233.7 tonnes, which also experienced the largest increase of 19.8% during these years.
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 | 19.8% | (21.7%) | (29.0%) | (12.6%) |
From 2017 to 2020, imports in kind were heavily reliant on Guyana, which accounted for 92.1% of total import flows.
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
Copra imports to Trinidad and Tobago dropped for the second year running. In 2020, imports were valued at 103.4 thousand US dollars, reflecting a significant 29.2% decrease from the previous year. Over the 2017-2020 span, imports fell by 30.9%, with an average annual reduction of 11.6%. The highest import value was recorded in 2018 at 186.9 thousand US dollars, which also saw the largest increase of 24.8% during this period.
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 | 24.8% | (21.8%) | (29.2%) | (11.6%) |
Throughout 2017 to 2020, Guyana and Saint Lucia were the main suppliers of copra to Trinidad and Tobago, together making up 100.0% of total imports in value terms.
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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