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

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 milk liquid, coconut water, hydrogenated coconut oil.

COCONUT CONCENTRATES led the pack with earnings of USD6.476 million from export of 6,767 MT (35 MT recorded in same period year-ago).  The United States  was top market capturing 3,418 MT (50.5% of total sales), followed far behind by United Kingdom at 823 MT (12.2%), China 557 MT (8.2%), Australia 497 MT (7.3%), Canada 452 MT (6.7%), Netherlands 291 MT (4.3%),  Singapore 226 MT (3.3%), Brazil 133 MT (2.0%), and 11 other countries responsible for 371 MT (5.5%).

VIRGIN COCONUT OIL had gross export receipts of USD5.497 million from sale of 1,898 MT and settled in the second place.  Volume was 19.0% short of year-ago at 2,344 MT.  The US was market leader, cornering 906 MT (47.7%), followed some distance behind by Brazil 352 MT (18.5%), Germany 179 MT (9.4%), Netherlands 116 MT (6.1%) and 16 other countries with combined import of 345 MT (18.2%). 

GLYCERIN, which took the third spot, had income of USD2.367 million. Tonnage at 2,530 MT was down by 21.5% from previous year at 3,223 MT.  Japan was the biggest market controlling 1,529 MT (60.4%), trailed far behind by China at 453 MT (17.9%), South Korea at 386 MT (15.3%).  Four other countries took in the remaining 162 MT (6.4%).

Fourth in rank COCO MILK LIQUID recorded proceeds of USD1.214 million from delivery of 882 MT, a rise  by 20.7%  from 731 MT year-ago. Malaysia was primary outlet at 394 MT (44.7%), tracked by US at 169 MT (19.1%), Japan 133 MT (15.1%) while seven other countries jointly held 186 MT (21.1%).
Fifth placer COCONUT WATER had turnover of USD1.129 million from overseas purchases of 759,568 liters. Volume slumped by 79.3% from year-ago at 3,665,112 liters. The United States was a major buyer cornering 390,582 liters (51.4%), trailed by Australia at 135,204 liters (17.8%), Japan 127,115 liters (16.7%), while five other countries shared the balance of 106,667 liters (14.0%).  

The top six export,  HYDROGENATED COCONUT OIL, had proceeds of USD1.093 million from overseas orders of 308 MT. The shipment pruned by 70.0% same period last year’s 1,027 MT.  The US was principal market capturing 164 MT (53.1%), followed by United Kingdom 70 MT (22.8%), Australia 33 MT (10.6%), and five other countries that jointly held 42 MT (13.5%).

TOILET/BATH SOAP landed seventh and turned in USD839,488 from delivery of 387 MT (319 MT recorded year-ago).  Vietnam was principal destination at 166 MT (42.8%),  while  smaller volumes went to Thailand 85 MT (22.0%), China and United Arab Emirates 36 MT apiece (9.4%), Malaysia 20 MT (5.1%), Mexico 12 MT (3.0%) and 10 other countries with total uptake of 33 MT (8.4%).

COCO MILK POWDER which earned USD689,181 from external trade of 154 MT (339 MT) filled in the eighth place. France was topmost buyer at 45 MT (29.4%), trailed by US 31 MT (20.0%), Japan 28 MT (18.2%), Netherlands 24 MT (15.9%), and three other countries which shared the balance of 26 MT (16.6%). 

With receipts of USD517,298 after trading 1,567 MT(no export recorded year-ago), FATTY ACID DISTILLATES was number nine in the list. There were only four country destinations with China taking bulk of the volume at 1,163 MT (74.2%).  Limited quantities went to India at 245 MT (15.6%), Pakistan 141 MT (9.0%) and Hong Kong 18 MT (1.1%). 

COCO PEAT/DUST held the tenth position with turnover of USD457,178 from transactions involving 5,951 MT (2,618 MT).  There were only four country destinations with China as almost an exclusive outlet at 5,797 MT (97.4%).  The remaining three were: Taiwan with 79 MT (3.0%), South Korea 46 MT (0.8%) and Japan 29 MT (0.5%).

Completing the top 15 non-traditional exports were: coir & coir products, coconut acid oil, coco sugar, coconut flour and nata de coco. COIR & COIR PRODUCTS had revenue of USD448,425 from trade of 1,821 MT (970 MT).  There were only four importing countries: China at 1,720 MT (94.5%), Japan 57 MT (3.1%), South Korea 43 MT (2.4%) and Vietnam 1 MT. 

COCONUT ACID OIL generated USD307,325 from export of 632 MT (no export recorded year-ago).  There were only two country destinations: China at 422 MT (66.8%) and India at 210 MT (33.2%). 

COCO SUGAR contributed USD230,187 from shipment of 85 MT (no export recorded year-ago). Key buying countries were Sri Lanka at 38 MT (44.9%) and Netherlands 32 MT (37.8%).  Three other countries shared 15 MT (17.3%). 

COCO FLOUR earned USD141,957 from purchases of 181 MT (400 MT). The US was leading buyer responsible for 121 MT (66.6%), followed far behind by Germany at 18 MT (9.8%), Australia 17 MT (9.5%) and three other countried which held 25 MT (14.1%). 

NATA de COCO  export at 123 MT (176 MT) was valued USD121,329.  Japan was chief destination at 57 MT (46.3%), trailed closely by China at 52 MT (42.2%) and three other countries with total uptake at 14 MT (11.5%).