Soya beans — Terms of trade in Trinidad and Tobago

Trinidad and Tobago: Soya beans — Terms of trade was 56.83 % in 2024. ◆ Volatile

Latest (2024)
56.83 %
Change on year
down 67.6%
World rank
63rd
of 74 countries
All-time high
422.85 %
in 2019
All-time low
0 %
in 2010
Years of data
11
2010–2024

Soya beans — Terms of trade in Trinidad and Tobago, 2010–2024

01002003004002010201720242010: 0 %2015: 104.6 %2016: 96.8 %2017: 20.8 %2018: 142.8 %2019: 422.9 %2020: 281.5 %2021: 94 %2022: 0 %2023: 175.5 %2024: 56.8 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for soya beans — terms of trade in Trinidad and Tobago is 56.83 %, measured in 2024.

That represents a change of down 67.6% on the previous year and down 45.7% over ten years.

Over the whole period, soya beans — terms of trade in Trinidad and Tobago peaked at 422.85 % in 2019 and was at its lowest, 0 %, in 2010.

That places Trinidad and Tobago 63rd out of 74 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Soya beans — Terms of trade in Trinidad and Tobago, year by year

Annual values for Soya beans — Terms of trade in Trinidad and Tobago, 2010 to 2024.
Year % Change
2010 0 %
2015 104.61 %
2016 96.78 % -7.5%
2017 20.78 % -78.5%
2018 142.82 % +587.3%
2019 422.85 % +196.1%
2020 281.54 % -33.4%
2021 94.04 % -66.6%
2022 0 % -100.0%
2023 175.51 %
2024 56.83 % -67.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 131.31 % 0 % 422.85 % 6
2020s 121.58 % 0 % 281.54 % 5

Countries ranked near Trinidad and Tobago

  1. 60 Nicaragua 70.2 % compare
  2. 61 Mexico 69 % compare
  3. 62 North Macedonia 62.08 % compare
  4. 64 Greece 56.78 % compare
  5. 65 Belarus 48.93 % compare
  6. 66 Lithuania 46.13 % compare

See the full ranking of 82 places →

More agriculture & rural data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is soya beans — terms of trade in Trinidad and Tobago?
Soya beans — terms of trade in Trinidad and Tobago was 56.83 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — terms of trade recorded in Trinidad and Tobago?
The highest recorded value was 422.85 % in 2019.
What is the lowest soya beans — terms of trade recorded in Trinidad and Tobago?
The lowest recorded value was 0 % in 2010.
How does Trinidad and Tobago rank for soya beans — terms of trade?
Trinidad and Tobago ranks 63rd out of 74 countries with data for 2024.
Is soya beans — terms of trade rising or falling in Trinidad and Tobago?
Over the last ten years it is down 45.7%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Soya beans — Terms of trade. Statizoid updates them automatically from the source API.

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Soya beans — Terms of trade in Trinidad and Tobago. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://agriculture.statizoid.com/stat/soya-beans-terms-of-trade/trinidad-and-tobago/

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About this data

Indicator
Soya beans — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
82 places, 1,139 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK