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

Data from the Philippine Statistics Authority show 14 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:  coconut water, virgin coconut oil, coconut milk liquid, glycerin and coco milk powder.

COCONUT WATER, this month’s top non-traditional export product, generated USD10.265 million from shipment of 9.671 million liters.  The volume was 49.0% higher than last year at 6.491 million liters.  The US was primary destination controlling 6.812 million liters (70.4% of total), followed far behind by United Kingdom at 1.132 million liters (11.7%), Canada 436,965 liters (4.5%), Australia 243,322 liters (2.5%), Singapore 206,151 liters (2.1%), Netherlands 200,657 liters (2.1%), South Korea 122,433 liters (1.3%).  Fourteen other countries shared the balance of 517,865 liters (5.4%). 

VIRGIN COCONUT OIL had gross export receipts of USD4.640 million from sale of 1,705 MT and settled in the second place.  Volume was 15.8% short of year-ago at 2,024 MT.  The US was market leader, capturing 534 MT (31.3%), followed by Germany at 298 MT (17.5%), Brazil 193 MT (11.3%), United Kingdom 165 MT (9.7%), Belgium 160 MT (9.4%) and 15 other countries with combined uptake of 353 MT (20.7%). 

COCONUT MILK LIQUID, which took the third spot, had income of USD2.153 million. Tonnage at 1,196 MT rose by 35.8% from previous year figure at 880 MT.  US was the biggest market responsible for 448 MT (37.5%), trailed by Australia 166 MT (13.9%), Japan 114 MT (9.5%), Malaysia 83 MT (7.0%), France 64 MT (5.3%), China 55 MT (4.6%), Netherlands 51 MT (4.2%) and eight other countries sharing 215 MT (18.0%). 

Fourth in rank GLYCERIN recorded proceeds of USD2.071 million from delivery of 1,934 MT, a drop  by 25.1% from 2,581 MT in prior year. Japan was the biggest market capturing 984 MT (50.9%), tracked by China at 448 MT (23.2%), South Korea 133 MT (6.9%), Malaysia 111 MT (5.7%) and six other countries with combined purchases of 258 MT (13.3%). 

Fifth placer COCO MILK POWDER had turnover of USD1.117million from overseas purchases of 481 MT. The shipment  sharply increased by  70.8% over same period last year’s 282 MT. Netherlands took the bulk of shipment at 300 MT (62.4%), with limited volume going to France 53 MT (10.9%), Japan 42 MT (8.7%). Four country importers shared the remaining 87 MT (18.0%). 

The top six export, TOILET/BATH SOAP, registered earnings of USD894,460 from cargo at 437 MT. Volume was more than double same period year-ago total at 193 MT (+126.1%).  Indonesia was leading destination at 263 MT (60.1%),  while smaller volumes went to Saudi Arabia 31 MT (7.1%), Thailand 28 MT (6.4%), Yemen 24 MT (5.5%), Singapore 21 MT (4.9%) and 10 other countries with total delivery of 70 MT. 

FATTY ACID DISTILLATES  landed seventh and turned in USD675,860 from delivery of 1,363 MT (no export recorded year-ago). There were only two country destinations with China taking a bigger share at 986 MT (72.3%) and India at 377 MT (27.7%).  

HYDROGENATED COCONUT OIL  which earned USD616,306 from external trade of 127 MT (293 MT) filled in the eighth place. There were three country destinations with bulk of the load chiefly going to US at 116 MT (91.1%).  The rest went to Belgium at 7 MT (5.6%) and Australia 4 MT (3.3%).

COCONUT ACID OIL was top nine non-traditional exports contributing USD364,400 from cargo at 786 MT (no export recorded year-ago).  There were only two country destinations: China which held  725 MT (92.2%) and India at 62 MT (7.8%). 

COIR & COIR PRODUCTS held the 10th position and earned USD328,638 from transactions involving 1,159 MT.  Volume rose by 28.4% from 903 MT year-ago. China was almost an exclusive market at 1,073 MT (92.6%) while smaller volumes went to US at 44 MT (3.8%) and Japan at 42 MT (3.7%).

Completing the top 14 non-traditional exports were: coco flour, peat/dust, fresh coconut and coconut concentrates.  COCO FLOUR had revenue of USD305,584 from trade of  286 MT (266 MT).  US was primary market at 136 MT (47.7%), followed by Iraq 39 MT (13.5%), Canada 35 MT (12.1%), Australia 34 MT (11.7%) and three other countries with combined purchases of 43 MT (14.9%). 

PEAT/DUST generated USD258,850 in foreign exchange revenue from total volume of 4,813 MT (1,815 MT).  There were three country destinations with China taking in almost all of the load at 4,651 MT (96.6%), while rest went to the US at 136 MT (2.8%) and Japan at 26 MT. 

FRESH COCONUT contributed USD147,629 from shipment of 187,894 nuts (130,650 nuts). There were only three country buyers: Hong Kong at 148,754 nuts (79.2%), US 19,600 nuts (10.4%), Japan 19,140 nuts (10.2%) and United Arab Emirates 400 nuts.

COCONUT CONCENTRATES earned USD129,278 from delivery of 36 MT (no export recorded year-ago).  There were  only two country destination: Malaysia at 24 MT (66.6%) and Israel at 12 MT (33.4%).