French Polynesia, known for its breathtaking landscapes and vibrant culture, has emerged as a notable player in the global tapioca starch trade.
In 2021, French Polynesia exported a modest $52 worth of tapioca starch, securing the 100th position among the largest exporters of this product worldwide. Tapioca starch itself was ranked as the 668th most exported product in French Polynesia during the same year. The main destination for French Polynesia’s tapioca starch exports was France, accounting for the entire export value of $52. This highlights the close trade relationship between French Polynesia and its metropolitan counterpart.
Furthermore, the export market for French Polynesia’s tapioca starch experienced growth, with France being the fastest growing export market. The increase in exports to France signifies the rising demand for French Polynesia’s tapioca starch in the French market, presenting opportunities for further expansion.
French Polynesia’s import of tapioca starch has been significant, with a total value of $136k in 2021. This placed French Polynesia as the 80th largest importer of tapioca starch globally. Tapioca starch itself was ranked as the 1075th most imported product in French Polynesia during the same year. The primary sources of French Polynesia’s tapioca starch imports were Thailand, accounting for the majority of imports at $135k, and New Zealand contributing $1.07k.
The import market for tapioca starch in French Polynesia has experienced notable growth, especially from Thailand and New Zealand. Between 2020 and 2021, imports from Thailand witnessed a significant increase of $18k, while imports from New Zealand grew by $929. This growth in imports reflects the rising demand for tapioca starch within French Polynesia and highlights the country’s reliance on international suppliers.
In 2019, the average tariff imposed on tapioca starch imports by French Polynesia was 5.78%. Notably, the countries with the highest import tariffs for tapioca starch were Angola, Burundi, Benin, Burkina Faso, and Botswana, all with a Most Favoured Nation duty rate treatment of 6%. These tariff rates have implications for the cost of imported tapioca starch in French Polynesia and highlight the trade policies in place.
French Polynesia has established itself as an active participant in the tapioca starch trade, both as an importer and exporter. While the country’s exports remain modest, its position as a key importer indicates a growing demand for tapioca starch in various sectors. The partnerships with Thailand and New Zealand have been instrumental in meeting this demand.
To further strengthen its position in the tapioca starch industry, French Polynesia can explore opportunities to diversify its export destinations and foster closer trade ties with other nations. Additionally, ensuring favorable trade policies and maintaining stable tariff rates will contribute to the continued growth and sustainability of the tapioca starch trade in French Polynesia.
Data from BACI