Trinidad and Tobago’s commodity-fuelled growth throughout the second half of the 20th century resulted in agriculture becoming moderately less economically important. As the energy sector gradually grew in prominence, Trinbagonians gravitated away from traditional farming jobs and towards more highly skilled professions. This led to a downturn in the production of traditional...
Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural production and a climate that facilitates the cultivation of a number of cocoa hybrids, the sector has long been earmarked as a potential driver of growth. Furthermore, both...
Against a backdrop of increasingly severe and financially straining climate events and natural disasters, technology is poised to play an important role in maintaining and improving global agricultural output. The adoption of digital and precision farming practices has been shown to improve crop resiliency, and boost productivity and incomes,...
In recent years Mexico has emerged as a successful exporter of non-traditional crops such as avocados, berries and tomatoes. In 2018 during his first term in office, President Andrés Manuel López Obrador, better known by his acronym AMLO, made promises to reduce the country’s dependence on grain imports. However, as of mid-2019 the new...
Since 2013 Mexico has achieved significant agricultural export growth, reversing a trade deficit in agricultural products that almost reached $5bn in 2012. According to the Ministry of Agriculture and Rural Development (Secretaría de Agricultura y Desarrollo Rural, SADER), the sector posted a net trade surplus of $5.8bn in 2018, up 10.8% from...
In 2017 Colombia, Argentina, Australia, Mexico and Germany joined Chile, Jamaica and Italy in legalising cannabis for medicinal purposes. As one of the world’s newest and fastest-growing industries, the legal medical marijuana market could to reach $146bn by 2025, according to a report by business consulting firm Grand View Research. Colombia...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×