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

Data from the Philippine Statistics Authority show increasing number of non-traditional coconut products that generate export revenue of more than USD100,000 in a month thus qualifying for the top non-traditional export product category.  For the month of June, there were 17 products, the highest so far.  The top seven non-traditional exports had respective earnings of more than USD1.000 million: coconut concentrates, virgin coconut oil, hydrogenated coconut oil, glycerin, coconut milk liquid, coconut milk powder and coconut acid oil.
COCONUT CONCENTRATES led the pack with earnings of USD7.881 million from export of 8,557 MT (no export recorded year-ago).  The United States was principal market capturing 5,016 MT (58.6% of total sales).  Other destinations were United Kingdom at 956 MT (11.2%), Netherlands 846 MT (9.9%), Canada 653 MT (7.6%), China 396 MT (4.6%), Australia 204 MT (2.4%), South Korea 148 MT (1.7%) and 10 others jointly responsible for 337 MT (3.9%).
VIRGIN COCONUT OIL had gross export receipts of USD7.443 million from sale of 2,484 MT and settled in second place.  Volume was 3.1% short of year-ago at 2,564 MT.  The US was market leader, cornering 979 MT (39.4%), followed some distance behind by China at 354 MT (14.3%), United Kingdom 278 MT (11.2%), Germany 200 MT (8.1%), Netherlands 176 MT (7.1%), Canada 101 MT (4.0%), and 18 other countries with combined import of 397 MT (16.0%).
  HYDROGENATED COCONUT OIL, which took the third spot, had income of USD4.371 million. Tonnage at 2,422 MT was more than three times the previous year at 789 MT.  United Kingdom was the biggest market controlling 865 MT (35.7%), closely trailed by the US at 800 MT (33.0%), Canada 211 MT (8.7%), China 161 MT (6.7%), Australia 123 MT (5.1%) and five others which took in the remaining 260 MT (10.7%).
Fourth in rank GLYCERIN recorded proceeds of USD3.660 million from delivery of 4,125 MT, down moderately by 14.6% from 4,830 MT year-ago. Japan took in bulk of the shipment  at 3,091 MT (74.9%).  Other destinations were China 454 MT (11.0%), South Korea 222 MT (5.4%), Thailand 100 MT (2.4%), Spain 95 MT (2.3%).  Five other countries jointly held 163 MT (4.0%).
 
Fifth placer COCO MILK LIQUID generated USD2.784 million from overseas purchases of 1,921 MT. The shipment leaped by 324.6% from same period last year’s 452 MT. The US was leading destination at 534 MT (27.8%), trailed by Malaysia at 364 MT (18.9%), United Kingdom 332 MT (17.3%), Netherlands 291 MT (15.1%), Australia 135 MT (7.0%), Japan 114 MT (5.9%).  Six other countries shared the balance of 152 MT (7.9%).
The top six export, COCONUT MILK POWDER had turnover of USD1.174 million from overseas trade of 257 MT. Volume significantly contracted by 17.7% from year-ago at 313 MT. The United States was the biggest outlet cornering 60 MT (23.3%), trailed by France at 40 MT (15.4%), Netherlands 38 MT (14.6%), Spain 25 MT (9.9%) and eight other countries which held the remainder of 95 MT (36.8%). 
COCONUT ACID OIL landed seventh and turned in USD1.020 million from delivery of 2,460 MT (no export recorded year-ago).  China was almost an exclusive buyer taking in 2,402 MT (97.6%).  Limited volumes went to Hong Kong at 40 MT (2.6%) and India 18 MT (0.7%). 
COCONUT OIL, OTHER which earned USD996,844 from external trade of 162 MT (no export year-ago) filled in the eighth place. There were four country destinations with the load chiefly going to Canada at 100 MT (61.4%).  Other destinations were the US at 34 MT (21.2%), China 27 MT (16.8%) and Switzerland 1 MT (0.6%). 
With receipts of USD648,312 after trading 421 MT (349 MT year ago), BATH SOAP was number nine in the list. United Arab Emirates took in huge part of the volume at 200 MT (47.6%).  Smaller loads went to Saudi Arabia 62 MT (14.7%), Qatar 59 MT (14.1%), Vietnam 34 MT (8.2%), Singapore 19 MT (4.5%), Hong Kong 15 MT (3.5%), Nepal 14 MT (3.3%).  Eleven other countries shared the remainder of 17 MT (4.0%). 
COIR & COIR PRODUCTS held the tenth position with turnover of USD478,486 from transactions involving 2,038 MT (1,193 MT).  There were only two destinations: China took the biggest chunk at 1,978 MT (97.1%) and the rest went to Japan at 60 MT (2.9%).
Completing the top 17 non-traditional exports were: coco peat/dust, fatty acid distillates, coco flour, coconut water, nata de coco, shampoo and coconut meat grated. COCO PEAT/DUST had revenue of USD425,160 from trade of 6,813 MT (5,088 MT).  There were only four importing countries: China, which was almost a sole destination at 6,480 MT (95.1%), Taiwan 147 MT (2.2%), South Korea 138 MT (2.0%) and Japan at 48 MT (0.7%).
FATTY ACID DISTILLATES earned USD401,570 with total orders at 917 MT (446 MT).  China took the lead at 796 MT (86.8%), followed far behind by India 102 MT (11.1%) and Pakistan 19 MT (2.1%). 
COCO FLOUR sold 454 MT (192 MT) worth USD375,363. Key destination was the US at 196 MT (43.0%), trailed by Australia 52 MT (11.4%), South Korea and United Kingdom at 48 MT apiece, Argentina 43 MT (9.5%).  Five other countries shared the remaining 68 MT (15.0%).
COCONUT WATER had turnover of USD273,695 from overseas trade of 356,452 liters. Volume massively contracted by 96.3% from year-ago at 9,622,716 liters. Japan was the biggest outlet cornering 240,370 liters (67.4%), followed by Hong Kong at 60,870 liters (17.1%), and four other countries sharing 55,212 liters.
NATA DE COCO contributed USD203,842 from shipment of 261 MT (381 MT). Japan was leading destination at 200 MT (76.9%), tracked by China at 104 MT (39.9%), Hong Kong 42 MT (16.2%), and four others which together bought 86 MT. 
SHAMPOO turned in USD142,662 from purchases of 36 MT (11 MT).  Singapore was top buyer at 17 MT (48.0%), followed by Japan at 10 MT (27.8%), and nine others which collectively held 9 MT (24.3%). 
Export of COCONUT MEAT GRATED at 149 MT (117 MT) was valued USD131,411.  These were delivered to Canada at 99 MT (66.5%), Hong Kong 14 MT (9.1%) and Guam 4 MT (2.7%).