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Performance of Philippine Top Non-Traditional Coco Products Export in July
Thursday, October 15, 2020Data from the Philippine Statistics Authority show 17 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 eight non-traditional exports had respective earnings of more than USD1.000 million: virgin coconut oil, coconut concentrates, hydrogenated coconut oil, glycerin, coco milk powder, coconut milk liquid, coconut oil, other, and toilet/bath soap.
VIRGIN COCONUT OIL led the pack with earnings of USD9.607 million from export of 3,024 MT. Volume rose by 84.3% from previous year total at 1,640 MT. The United States was top market capturing 1,777 MT (58.8% of total sales), followed far behind by United Kingdom at 268 MT (8.9%), Germany 221 MT (7.3%), Canada 209 MT (6.9%), Netherlands 163 MT (5.4%), China 149 MT (4.9%) and 14 other countries jointly responsible for 236 MT (7.8%).
COCONUT CONCENTRATES, the second biggest non-traditional export during the month, grossed USD8.899 from overseas purchases of 9,716 MT. Tonnage this month increased by 25.1% from 7,766 MT last year. The United States was primary market capturing 5,752 MT (59.2%). Following behind were Netherlands 1,140 MT (11.7%), United Kingdom 1,067 MT (11.0%), Canada 752 MT (7.7%), Australia 165 MT (1.7%), Taiwan 160 MT (1.6%), and 17 other countries with collective uptake of 681 MT (7.0%).
HYDROGENATED COCONUT OIL, which took the third spot, had income of USD5.329 million. Delivery at 2,251 MT was more than twice the previous year at 823 MT. The United States was the biggest market controlling 956 MT (42.5%), followed by United Kingdom at 473 MT (21.0%), Netherlands 162 MT (7.2%), Canada 161 MT (7.2%), Australia 158 MT (7.0%) and 11 other countries which absorbed the remaining 341 MT (15.2%).
Fourth in rank GLYCERIN recorded proceeds of USD2.276 million from shipment of 2,309 MT (3,652 MT year-ago). Japan was principal market capturing 1,563 MT (67.7%), followed far behind by China at 282 MT (12.2%), South Korea at 189 MT (8.2%), Iran 100 MT (4.3%) and six other countries sharing 176 MT (7.6%).
Fifth placer COCO MILK POWDER had turnover of USD1.786 million from overseas orders of 359 MT. Volume leaped by 64.0% from year-ago at 219 MT. The United States was leading destination at 67 MT (18.8%), trailed by Australia and Mexico at 40 MT apiece (11.%), France 39 MT (11.0%), Netherlands 38 MT (10.5%) and eight others that jointly took in 134 MT (37.4%).
The top six export, COCONUT MILK LIQUID, registered earnings of USD1.480 million from trade of 1,142 MT, a steep rise by 56.5% from 730 MT in previous year. The United States was major market at 368 MT (32.2%). Trailing behind were United Kingdom at 238 MT (20.8%), Malaysia 188 MT (16.5%), Germany 89 MT (7.8%) and 10 other countries with total purchases of 259 MT (22.7%).
COCONUT OIL, OTHER landed seventh and turned in USD1.426 million from delivery of 372 MT (69 MT year-ago). The United States was top destination at 140 MT (41.2%), followed by Canada at 123 MT (30.7%), Slovenia 77 MT (10.8%) and three other countries that shared 32 MT (7.2%).
TOILET/BATH SOAP which earned USD1.135 million from external trade of 696 MT (316 MT) filled in the eighth place. Thailand took the biggest chunk at 287 MT (41.2%), tracked by United Arab Emirates 214 MT (30.7%), Saudi Arabia 75 MT (10.8%), Vietnam 71 MT (10.2%). Nine other countries took in the remaining 50 MT (7.2%).
COIR PRODUCTS with receipts of USD662,292 after selling 2,735 MT was number nine in the list. Purchases during the month increased by 70.2% from same period year-ago at 1,607 MT. There were only two country destinations with China as almost an exclusive market at 2,687 MT (98.3%), and Japan 48 MT (1.7%).
PEAT/DUST held the tenth position with turnover of USD604,226 from transactions involving 9,345 MT (6,797 MT). There were three country destinations with China similarly as almost an exclusive importer at 9,156 MT (98.0%), Malayia 98 MT (1.0%) and South Korea 92 MT (1.0%).
Completing the top 17 non-traditional exports were: coconut acid oil, fresh coconut, fatty acid distillates, coco flour, coconut meat grated, coconut sugar and nata de coco. COCONUT ACID OIL export had revenue of USD512,582 from trade of 1,336 MT (454 MT). All shipment went to China.
FRESH COCONUT generated USD500,641 from deals amounting to 241 MT (263 MT). There were four country markets led by the United States with uptake at 201 MT (83.4%). Other buyers were China at 25 MT (10.4%), Japan 12 MT (5.0%) and Canada at 3 MT (1.2%).
FATTY ACID DISTILLATES contributed USD497,509 from exports of 928 MT (1,079 MT). There were only two country importers: China, which took 670 MT (72.2%) and India at 258 MT (27.8%).
COCO FLOUR turned in USD478,241 from shipment of 519 MT (312 MT). The United States was leading destination at 115 MT (22.2%), followed by Germany at 75 MT (14.4%), Australia 60 MT (11.6%), United Kingdom 56 MT (10.8%) and eight others that shared the remaining 213 MT (41.0%).
COCONUT MEAT, GRATED posted receipts of USD165,292 from purchases amounting to 206 MT (1 MT). Turkey was leading outlet at 127 MT (61.5%), trailed by Iraq 77 MT (37.6%) and Australia 2 MT (1.0%).
COCONUT SUGAR contributed USD146,568 from shipment of 37 MT (24 MT). Top two destinations were: Germany at 16 MT (44.1%), United Kingdom 10 MT. Three other countries shared the balance of 10 MT (28.4%).
NATA DE COCO earned USD125,667 from purchases of 129 MT (231 MT). There were only four country destinations: Japan 86 MT (66.9%), China 26 MT (20.1%), Malaysia 15 MT (11.7%) and Hong Kong 2 MT (1.2%).

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