Earlier Report Observations
From 2018 to 2019, taro production in Trinidad and Tobago surged from 2 559 t to 4 221 t. This period coincided with active government-led agricultural initiatives, including the implementation of national quality standards and research support through the Ministry of Agriculture and the Cocoa Development Company. Although these measures primarily targeted the cocoa sector, they may have contributed to broader improvements in agricultural practices. Production stabilized at 4 259 t in 2020 and then increased to 4 533 t in 2021.
A decline to 3 649 t occurred in 2022, likely influenced by unfavorable climatic conditions that also impacted cocoa production in the country. By 2023, output recovered strongly to 4 547 t, surpassing previous peaks and indicating sector resilience.
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, kg
- 6.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/t
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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, kg
- 6.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production taro in Trinidad and Tobago
In kind, 2017-2020, t
Top producers of taro, 2017-2020
World map of production of taro, 2017-2020
Trinidad and Tobago's taro production increased for the second consecutive year. In 2020, the country produced 4 259 tonnes of taro, marking a slight gain of 0.9% from 2019. Production reached its lowest point in 2018 at 2 559 tonnes, which represented the largest decline of 21.0% during the period. However, the following year saw the largest increase of 64.9% in 2019. Overall, between 2017 and 2020, production grew by 31.4%, equating to an annualized rate of 9.5%.
Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (21.0%) | 64.9% | 0.9% | 9.5% |
Exports taro from Trinidad and Tobago
Exports in kind, kg
Taro exports from Trinidad and Tobago declined for the second consecutive year. In 2019, exports reached 3.00 kilograms, showing a strong decline of 25.0% compared to 2018. Between 2017 and 2019, exports decreased by 88%, which translates to an annualized rate of 50.7%.
Annual dynamics of product's exports from Trinidad and Tobago in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (84.0%) | (25.0%) | n/a | - |
From 2017 to 2020, Bunkers clearly dominated as the buyer of taro from Trinidad and Tobago, accounting for 100.0% of total exports in kind.
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, $ US
There were noticeable fluctuations in market performance during this period. Exports hit their lowest point in 2018 at 8.71 US dollars, which represented the largest decline of 86.7%. In 2019, taro export volumes from Trinidad and Tobago stood at 11.84 US dollars, up by 35.9% year-over-year. The peak was recorded in 2017, with a 7.5-fold gap between the highest and lowest values.
Annual dynamics of product's exports from Trinidad and Tobago in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (86.7%) | 35.9% | n/a | - |
Over the period from 2017 to 2020, Bunkers concentrated almost all exports in value terms of taro from Trinidad and Tobago, holding a share of 100.0% of total 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 taro to Trinidad and Tobago
The market report indicates that there were no imports of taro in Trinidad and Tobago from 2017 to 2020.
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