Performance of Philippine Top Non-Traditional Coconut Products Export in July

Data 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 five non-traditional exports each generated more than USD1.000 million: virgin coconut oil, coconut water concentrates, glycerin, coconut milk liquid and coconut milk powder.

Export leader VIRGIN COCONUT OIL earned USD10.520 million from shipment of 2,585 MT. Tonnage dropped by 14.5% from previous year at 3,024 MT.  The United States remained top market capturing 1,123 MT (43.4% of total sales).  Other markets were Germany at 363 MT (14.0%), Canada 265 MT (10.3%), United Kingdom 170 MT (6.6%), Australia 148 MT (5.7%), and 23 other countries responsible for 516 MT (20.0%).  

COCONUT WATER CONCENTRATES was second biggest non-traditional export with revenue of USD10.215 million from export of 10,763 MT, (9,716 MT year-ago).  The United States led the pack with orders amounting to 5,818 MT (54.1%), followed far behind by United Kingdom at 2,555 MT (23.7%).  Smaller volumes went to the Netherlands at 845 MT (7.9%), Australia at 281 MT (2.6%), Canada 240 MT (2.2%), China 221 MT (2.1%), Taiwan 188 MT (1.8%), Hong Kong 157 MT (1.5%), and 13 other countries which took in 458 MT (4.3%).

GLYCERIN, which took the third spot, had income of USD2.875 million from sale of 3,112 MT which was higher by 34.8% from previous year at 2,309 MT.  China was the biggest market at 1,429 MT (45.9%), trailed by Japan at 1,320 MT (42.4%). Limited volumes went to Malaysia at 151 MT (4.8%), and five other countries sharing 211 MT (6.8%). 

Fourth in rank COCONUT MILK LIQUID recorded proceeds of USD2.710 million from delivery of 2,161 MT, a whopping increase by 89.2% from 1,142 MT year-ago. Malaysia was market leader at 475 MT (22.0%), followed by Netherlands 444 MT (20.5%), United Kingdom 435 MT (20.1%), Germany 287 MT (13.3%), United States 234 MT (10.8%) while 10 other countries jointly held 286 MT (13.2%).  

Fifth placer COCO MILK POWDER had turnover of USD2.151 million from overseas purchases of 380 MT (359 MT). The United States was primary destination at 141 MT (37.1%), followed far behind by Japan at 77 MT (20.3%), Australia 39 MT (10.3%), France 37 MT (9.7%), United Kingdom 28 MT (7.2%).  Five other countries shared the balance of 59 MT (15.4%). 

The top six export, FATTY ACID DISTILLATES, registered earnings of USD992,759.  The cargo at 1,247 MT was 34.5% higher from the previous year at 928 MT. There were only five country destinations. The bulk was principally held by China at 884 MT (70.9%), with smaller loads for Pakistan at 180 MT (14.4%), India at 123 MT (9.9%) and South Korea at 60 MT (4.8%). 

HYDROGENATED COCONUT OIL landed seventh and turned in USD825,034 from delivery of 161 MT (2,251 MT).  Lead importer was the United States at 104 MT (64.4%).  Other markets were Canada at 42 MT (26.1%), South Korea 11 MT (6.6%) and three other countries sharing 5 MT (2.9%).

TOILET/BATH SOAP which earned USD714,037 from external trade of 284 MT (696 MT) filled in the eighth place. Vietnam was key market at 112 MT (39.6%), while smaller cargoes went to Thailand at 71 MT (25.1%), United Arab Emirates 30 MT (10.5%), Japan 25 MT (8.8%), Malaysia 21 MT (7.4%), Singapore 20 MT (7.1%) and eight other countries with combined uptake at 4 MT (1.5%). 

NATA DE COCO recorded receipts of USD616,504 after trading 509 MT to become number nine in the list.  Total purchases during the month ballooned to almost four times year-ago at 129 MT.  Japan took the biggest load at 154 MT (30.2%), tracked by the United States at 84 MT (16.5%), South Korea at 55 MT (10.8%), Canada 49 MT (9.7%), United Kingdom 46 MT (9.0%), Hong Kong 42 MT (8.2%), Australia 31 MT (6.1%) and eight others that shared the balance of 48 MT (9.5%). 

COCONUT ACID OIL held the 10th position with turnover of USD584,139 from transactions involving 842 MT (1,336 MT).  There were only two country destinations: China, which nearly cornered all the load at 801 MT (95.1%) and Pakistan which took the balance of 41 MT (4.9%).

Completing the top 17 non-traditional exports were: coconut peat/dust; coir products; coconut flour; fresh coconut; makapuno; coconut oil, other; and coconut water.  PEAT/DUST posted revenue of USD500,317 from trade of 10,984 MT (9,345 MT).  China was almost an exclusive market with purchases of 10,904 MT (99.3%).  Limited volume went to South Korea at 66 MT (0.6%) and Japan at 15 MT (0.1%).

COIR PRODUCTS, comprising of bailed coir and twine, generated USD450,425 from total volume at 1,925 MT (2,735 MT). China likewise cornered bulk of the load at 1,892 MT (98.3%) while Japan took the remaining 33 MT (1.7%). 

COCO FLOUR contributed USD392,235 from deals amounting to 179 MT (519 MT). Major markets were the United States at 90 MT (50.2%) and Germany at 70 MT (39.2%), while eight other countries shared the balance of 19 MT (10.6%). 

FRESH COCONUT earned USD172,939 from orders of 162 MT (241 MT).  Iraq was leading buyer at 83 MT (50.9%), trailed by China at 47 MT (29.2%), the United States 20 MT (12.1%).  Five other countries bought the remainder at 13 MT (7.8%). 

MAKAPUNO turned in USD118,427 from shipment of 66 MT (no shipment year-ago).  The United States was topmost destination at 29 MT (44.4%), followed by United Arab Emirates at 19 MT (28.6%), Italy 9 MT (12.9%), United Kingdom 6 MT (8.5%) and eight others which absorbed the balance of 4 MT (5.6%). 

COCONUT OIL, OTHER grossed USD107,024 from purchases of 30 MT (372 MT year-ago).  Indonesia was leading buyer responsible for 10 MT (32.6%), tracked by Malaysia at 9 MT (30.1%), Taiwan 6 MT (19.6%) and three other countries with combined uptake at 5 MT (17.8%). 

COCONUT WATER export at 65,286 liters (129,223 liters) was valued USD101,714.  There were only two country destinations: Japan at 39,986 liters (61.02%) and China at 25,300 liters (38.8%).