Market research

Wood in the rough market in Trinidad and Tobago

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2023, the wood in the rough market in Trinidad and Tobago displayed notable stability. Total market volume moved within a tight band between 127.5 and 129.5 thousand tons, reflecting only a marginal overall decrease. Domestic production experienced a gentle, consistent decline over the period, while trade flows provided some counterbalance.

A distinct contraction occurred in 2022, with market size falling to 127.5 thousand tons. This drop coincided with a sharp reduction in import volumes to just 0.2 thousand tons. The market saw a minor recovery in 2023, though it remained below the levels seen at the start of the period, with exports staying minimal throughout.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Trinidad and Tobago
  1. 5.1.1. Annual dynamics of production in Trinidad and Tobago in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Trinidad and Tobago in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Trinidad and Tobago in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Trinidad and Tobago in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Trinidad and Tobago by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Trinidad and Tobago in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Trinidad and Tobago by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Trinidad and Tobago by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production wood in the rough in Trinidad and Tobago

In kind, 2017-2020, K t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

Wood in the rough production in Trinidad and Tobago declined for the third consecutive year. In 2020, production was relatively stable year-over-year, with 127.8 K t produced.

Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.1%)	(0.1%)	(0.1%)	(0.1%)

Source: SHEV.io

Exports wood in the rough from Trinidad and Tobago

Exports in kind, t

The market showed significant volatility during this period. Export volumes peaked in 2018 at 398 t, then fell sharply to a low of 17 t in 2020, representing an 88.9% decrease from the previous year. The difference between the peak and trough was 23-fold. The largest annual increase occurred in 2018, at 80.5%.

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	80.5%	(61.0%)	(88.9%)	(57.2%)

Source: SHEV.io

From 2017 to 2020, India accounted for 58.8% of exports in kind, Italy for 15.3%, and Singapore for 10.3%. Together, these three countries comprised 84.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Trinidad and Tobago in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance exhibited noticeable fluctuations during this period. Export values peaked in 2018 at 333 K $ US, then dropped to a low of 23 K $ US in 2020, marking an 84.9% decline from the previous year. The peak-to-trough ratio was 14.6 times. The largest annual increase was recorded in 2018, at 30.4%.

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	30.4%	(54.6%)	(84.9%)	(55.3%)

Source: SHEV.io

Throughout 2017–2020, India remained the largest market for exports in value terms, with a 45.1% share, followed by Singapore at 12.1% and Malaysia at 11.1%. Collectively, these three countries accounted for 68.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Trinidad and Tobago in value, 2017-2020

Source: SHEV.io

Imports wood in the rough to Trinidad and Tobago

Imports in kind, t

Trinidad and Tobago imported 1 601 t of wood in the rough in 2020, a 65.7% increase from the previous year. Between 2017 and 2020, imports grew by 42.6%, equivalent to an annualized rate of 12.6%. The minimum import volume was 966 t in 2019, while the maximum was 1 647 t in 2018. The largest annual decline occurred in 2019, at 41.3%.

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	46.7%	(41.3%)	65.7%	12.6%

Source: SHEV.io

From 2017 to 2020, Guyana and the United States together absorbed 82.9% of total imports in kind of wood in the rough to Trinidad and Tobago, with the remainder distributed among smaller markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Trinidad and Tobago in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period, with a peak in 2018 and a trough in 2019, resulting in a 2.3-fold variation. In 2020, foreign wood in the rough supplies to Trinidad and Tobago totaled 872 K $ US, up 10.5% year-over-year. The minimum value was 789 K $ US in 2019, while the maximum was 1 840 K $ US in 2018. The largest annual decline was 57.1% in 2019, and the largest increase was 71.1% in 2018.

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	71.1%	(57.1%)	10.5%	(6.8%)

Source: SHEV.io

Over 2017–2020, Guyana and the United States were the dominant destinations for imports in value terms of wood in the rough to Trinidad and Tobago, jointly accounting for 86.7% of total flows, while the remaining volume was split among smaller markets.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Trinidad and Tobago in value, 2017-2020

Source: SHEV.io