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Sri Lanka Export of Coconut Kernel Products Up in January-October 2020
Thursday, February 18, 2021Figures from Sri Lanka Coconut Development Authority show, the country’s export of coconut kernel products in January-October 2020 increased 15% to Rs52,495.27 million (USD283.436 million) from Rs45,591.19 million (USD255.699 million) at the same time year-earlier. The top three export earners during the period were still coconut milk, desiccated coconut, and virgin coconut oil. Their total receipts comprised 67% of aggregate revenues from coconut kernel products during the 10-month period.
The top three foreign exchange earners posted double-digit upturn in volume traded from respective prior year with exception of desiccated. Coconut milk shipment jumped 26% to 43,641 MT from 34,601 MT, desiccated coconut plunged 41% to 25,304 MT from 42,948 MT, and virgin coconut oil hiked 15% to 12,171 MT from 10,614 MT.
The next five leading export earners accounted for 28% of total turnover from kernel products. In volume terms, this comprised of the following, in MT: coconut cream 12,455 (8,975 year-earlier), coconut milk powder 5,770 (6,182), coconut oil 4,432 (2,940), coconut water 10,137 (4,232), fresh nuts (‘000 nuts) 13,994 (16,909).

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