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Performance of Philippine Top Non-Traditional Coco Products Export in April

Thursday, August 16, 2018

Data from the Philippine Statistics Authority show 15 non-traditional coconut products generated export revenue of more than USD100,000 during the month to qualify for the top non-traditional export products category. The top five non-traditional exports had respective earnings of more than USD1.000 million: virgin coconut oil, coconut water,  glycerin, coconut milk liquid and coconut milk powder. 

VIRGIN COCONUT OIL led the pack with earnings of USD7.423 million from export of 2,024 MT. The shipment cut by 17.9% previous year total at 2,466 MT.  The United States  was top market capturing 929 MT (45.9% of total sales), followed far behind by Germany at 426 MT (21.0 %), Brazil 110 MT (5.4%), Sri Lanka 87 MT (4.3%), Canada 85 MT (4.2%), Netherlands 67 MT (3.3%), Denmark 59 MT (2.9%) and 18 other countries responsible for 261 MT (12.9%).

COCONUT WATER, the second biggest non-traditional export during the month, grossed USD7.245 million from overseas purchases of 6,490,681 liters.  Volume during the month slumped by 17.6% from 7,875,975 liters last year.  United States was the biggest outlet cornering 2,875,870 liters (44.3%), followed far behind by United Kingdom at 1,033,043 liters (15.9%), France 568,083 liters (8.8%), Canada 496,731 liters (7.7%), Japan 282,653 liters (4.4%), Netherlands 236,576 (3.6%), Brazil 220,483 liters (3.4%), China 206,164 liters (3.2%), Australia 186,419 liters (2.9%), Hong Kong 99,460 liters (1.5%) and seven other countries that shared the balance of 285,198 liters (4.4%). 

GLYCERIN, which took the third spot, had income of USD2.759 million. Tonnage at 2,581 MT slightly increased by 3.0%  from previous year at 2,505 MT. Japan was the biggest market controlling 1,191 MT (46.1%), followed by China at 827 MT (32.0%), South Korea at 187 MT (7.3%), Malaysia 169 MT (6.6%) and six other coutnries which absorbed the remaining 207 MT (8.0%). 

Fourth in rank COCONUT MILK LIQUID recorded proceeds of USD1.495 million from shipment of 880 MT. Volume during the month leaped by 257.0% from 247 MT in same period year-ago. The United States was primary market capturing 479 MT (54.4%).  Smaller volumes went to Canada at 72 MT (8.2%), Malaysia 60 MT (6.8%), France 58 MT (6.6%), Japan 57 MT (6.5%) and five other countries sharing the remaining volume at 154 MT (17.5%). 

Fifth placer COCONUT MILK POWDER had turnover of USD1.434 million from overseas orders of 282  MT, was up by 44.3% from last year’s 195 MT.  Japan was leading destination at 64 MT (22.6%), followed by Taiwan at 50 MT (17.8%), United States 38 MT (13.6%), France 37 MT (13.0%), United Kingdom 28 MT (9.8%), Germany 27 MT (9.5%) and six other countries jointly taking in 39 MT (13.7%). 

The top six export, HYDROGENATED COCONUT OIL, registered earnings of USD799,671 from 293 MT trade.  Volume during the month slumped by 64.9% from 833 MT in previous year.  United States was primary market at 154 MT (52.5%), followed far behind by Iraq 39 MT (13.2%), Australia 35 MT (11.9%), Germany 30 MT (10.2%) and six other countries with total purchase of 35 MT (12.1%). 

COCONUT MEAT GRATED landed seventh and turned in USD612,028 from delivery of 143 MT (8 MT year-ago).  There were only two country destinations with the United States as almost an exclusive market at 141 MT (99.1%) while Canada took in 1 MT (0.9%). 

TOILET/BATH SOAP which earned USD395,152 from external trade of 193 MT (428 MT year-ago) filled in the eighth place. United Arab Emirates was top market at 105 MT (54.5%), followed by Vietnam at 24 MT (12.4%), Kuwait 23 MT (11.9%), Singapore 16 MT (8.1%), South Korea 10 MT (5.2%).  Eight other countries took in the remaining 15 MT (8.0%). 

COCO FLOUR  with receipts of USD261,293 after selling 266 MT was number nine in the list.  Purchases during the month was over three times same period year ago data at 87 MT. The United States was key market at 129 MT (48.6%), followed by Germany at 38 MT (14.2%), Taiwan at 35 MT (13.3%), United Kingdom 26 MT (10.0%), while six other countries shared the balance 37 MT (14.0%). 

COIR & COIR PRODUCTS held the tenth position with turnover of USD232,929 from transactions involving 903 MT (1,996 MT year-ago).  There were two country destinations with China as almost an exclusive importer at 875 MT (96.9%).  Japan held the remaining 28 MT (3.1%).

Completing the top 15 non-traditional exports were: vinegar, nata de coco, husk cubes, peat/dust and fresh coconut. VINEGAR had revenue of USD192,627 from trade of 107 MT (63 MT year-ago).  There were five country recipients: United States 63 MT (58.5%), Australia and Saudi Arabia at 17 MT apiece (16.1% and 15.9%, respectively),  Canada and Qatar at 5 MT apiece (5.8% and 5.6%, respectively).  

NATA DE COCO generated USD156,666 from deals amounting to 174 MT (479 MT year-ago). There were six country destinations: Japan at 95 MT (54.5%), China at 52 MT (29.8%), United States and Malaysia at 10 MT apiece, South Korea at 5 MT (3.1%) and Saudi Arabia at 2 MT (1.1%). 

HUSK CUBES contributed USD154,432 from exports of 295 MT (331 MT). There were only four country markets: China 239 MT (81.0%), Egypt 45 MT (15.2%), Hong Kong 10 MT (3.4%) and Canada at 1 MT.

COCO PEAT/DUST turned in USD144,165 from shipment of 1,815 MT (4,010 MT).  There were four country recipients:  China 1,534 MT (84.5%), South Korea 223 MT (12.3%), Taiwan 55 MT (3.1%) and United States 2 MT. 

FRESH COCONUT posted receipts of USD143,733 from purchases amounting to 130,650 nuts  (57,472 nuts). There were only five country importers: Hong Kong at 81,000 nuts (62.0%), Japan at 20,023 nuts (15.3%), United States at 11,615 nuts (8.9%), Australia at 9,663 nuts (7.4%) and Canada 8,349 nuts (6.4%).  

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