Destinations of Coconut Oil Export in March

Export of coconut oil in March consisted of 84,148 MT crude coconut oil, 25,285 MT cochin (refined, bleached) oil, and 12,790 MT RBD (refined, bleached, and deodorized) oil.  The combined value of these oils amounted to USD96.831 million. Europe remained a leading destination with combined volume of the three types of oil at 43,396 MT (35.5% of total shipment).  The US followed with 39,415 MT (32.2%), then Indonesia 14,001 MT (11.5%), Malaysia 11,946 MT (9.8%), China 9,614 MT (7.9%), Japan 3,497 MT (2.9%) and a few others with volume no higher than 70 MT.
Europe was market leader in crude coconut oil at 42,746 MT (Netherlands 33,746, Italy 9,000), trailed by Indonesia at 14,001 MT, US 12,500 MT, Malaysia 11,901 MT and China 3,000 MT.  The US, however, was top market for cochin oil at 21,324 MT, tracked by Japan at 3,460 MT, China 266 MT, Europe 148 MT (Netherlands), Taiwan 48 MT, Argentina 26 MT and Canada 12 MT.    

RBD coconut oil was shipped to almost a dozen countries with China leading the pack at 6,348 MT, followed by the US at 5,591 MT, Europe 565 MT (Netherlands 502, Greece 24, Hungary 20, Denmark 19) and eight others which took in smaller volumes such as Vietnam 69 MT, Malaysia 45 MT, Argentina 43 MT, Pakistan 41 MT, Canada 40 MT, Japan 36 MT, South Korea 7 MT and New Zealand 4 MT.