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

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 six non-traditional exports had respective earnings of more than USD1.000 million:  coconut concentrates, virgin coconut oil, glycerin, coconut water, hydrogenated coconut oil and coconut milk liquid.

COCONUT CONCENTRATES, this month’s top non-traditional export product, generated USD6.012 million from shipment of 4,883 MT (no export recorded year-ago).  Key destinations were the US with uptake at 2,113 MT (43.3%) and China at 1,044 MT (21.4%).  Smaller volumes went to Singapore at 282 MT (5.8%), Brazil 257 MT (5.3%), Australia 196 MT (4.0%), United Kingdom 184 MT (3.8%), France 174 MT (3.6%), Netherlands 171 MT (3.5%) and Canada 144 MT (2.9%).  Nine other countries shared 318 MT (6.5%). 

VIRGIN COCONUT OIL had gross export receipts of USD5.432 million from sale of 1,821 MT and settled in the second place.  Volume was 27.1% short of year-ago at 2,497 MT.  The US was market leader, capturing 920 MT (50.5%), followed by United Kingdom at 246 MT (13.5%), Germany 187 MT (10.3%), Canada 148 MT (8.1%), Mexico 65 MT (3.6%), Spain 58 MT (3.2%), Brazil 55 MT (3.0%) and 14 other countries with combined uptake of 141 MT (7.8%).

GLYCERIN, which took the third spot, had income of USD4.471 million. Tonnage at 5,425 MT rose by 22.1% from previous year at 4,442 MT.  Japan was the biggest market responsible for 3,474 MT (64.0%), tracked by China 1,444 MT (26.6%).  Limited loads went to Iran 140 MT (2.6%), South Korea 109 MT (2.0%), Malaysia 98 MT (1.8%), Vietnam 61 MT (1.1%) and five other countries sharing 100 MT (1.8%). 

Fourth in rank COCONUT WATER recorded proceeds of USD2.105 million from delivery of 2.163 million liters.  The volume clipped by 70.8% last year total at 7.407 million liters.  Australia was primary destination controlling 609,949 liters (28.2%), closely trailed by the US at 566,985 liters (26.2%), United Kingdom 513,862 liters (23.8%), Canada 163,668 liters (7.6%), Japan 120,185 liters (5.6%) and nine other countries with collective uptake of 188,414 liters (8.7%). 
Fifth placer HYDROGENATED COCONUT OIL had turnover of USD1.393 million from overseas purchases of 419 MT. The shipment  declined by  51.8% from last year’s 871 MT. US took bulk of the shipment at 259 MT (61.7%), with limited volume going to Canada 68 MT (16.1%), United Kingdom and Hong Kong at 19 MT apiece (4.5%), Brazil 15 MT (3.6%), Belgium 14 MT (3.4%). Seven country importers shared the remaining 26 MT (6.2%). 

Top six export, COCONUT MILK LIQUID, registered earnings of USD1.251 million from cargo at 769 MT, a higher tonnage by 32.5% from year-ago at 580 MT.  The US was principal destination at 290 MT (37.7%),  while smaller volumes went to France 95 MT (12.4%), United Kingdom 95 MT (12.3%), Canada 82 MT (10.6%), Germany 65 MT (8.4%), Malaysia 62 MT (8.1%) and three other countries with total delivery of 81 MT (10.5%). 

FATTY ACID DISTILLATES  landed seventh and turned in USD526,822 from delivery of 1,782 MT (no export recorded year-ago). There were only three country destinations with China taking a bigger share at 1,083 MT (60.8%), India at 420 MT (23.6%) and Pakistan 278 MT (15.6%).  

TOILET/BATH SOAP which earned USD501,722 from external trade of 230 MT (290 MT last year) filled in the eighth place. United Arab Emirates was the primary destination capturing 101 MT (44.0%), followed far behind by Thailand at 30 MT (12.9%), Vietnam 24 MT (10.3%), Malaysia 20 MT (8.6%), Saudi Arabia  19 MT (8.3%) and 11 countries that jointly shared 37 MT (16.0%). 

COCO FLOUR was ninth in the list, contributing USD318,544 from cargo of 225 MT, just half of last year volume at 452 MT (-50.2%).  The US was main market at 145 MT (64.2%). Distance behind were Australia 47 MT (21.0%), Netherlands 25 MT (11.3%) and three other countries with combined purchases of 8 MT (3.5%). 

COIR PRODUCTS held the 10th position and earned USD301,001 from transactions involving 1,184 MT.  Volume nearly halved last year data at 2,249 MT (-47.4%). China was almost an exclusive market at 1,098 MT (92.8%) while smaller volumes went to Japan at 75 MT (6.3%) and South Korea at 10 MT (0.9%). 

Completing the top 15 non-traditional exports were: coco milk powder, coco peat/dust, coconut acid oils, coconut syrup and nata de coco.  COCO MILK POWDER had revenue of USD271,655 from trade of 110 MT (223 MT).  China was major market at 37 MT (33.7%), followed by France 35 MT (32.1%), Taiwan 13 MT (11.4%), US and South Korea at 10 MT apiece and three other countries with combined purchases of 5 MT. 

COCO PEAT/DUST generated USD262,142 in foreign exchange revenue from total volume of 4,823 MT (2,953 MT).  There were three country destinations with China taking in almost all of the load at 4,482 MT (92.9%), while rest went to theTaiwan at 232 MT (4.8%) and South Korea at 109 MT (2.3%). 

COCONUT ACID OIL contributed USD168,204 from export of 423 MT (no export recorded year-ago). All shipments went to China.

Shipment of COCONUT SYRUP at 38 MT was valued USD138,773 (no export recorded year-ago).  Volume went chiefly to the US at 36 MT (94.2%) with France as the other market at 2 MT (5.8%).

NATA DE COCO turned in USD134,992 from purchases of 141 MT (254 MT).  Japan was primary market at 57 MT (40.5%), trailed by China at 52 MT (36.8%), Malaysia at 15 MT (10.7%), Hong Kong 10 MT (6.8%), Singapore 6 MT (4.6%) and the US at 1 MT (0.7%).