Performance of Philippine Top Non-Traditional Coconut Products Exports in September

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 October, there were 17 products.  The top seven non-traditional exports had respective earnings of more than USD1.000 million: coconut water concentrates, virgin coconut oil, coconut milk liquid, glycerin, coconut oil other, hydrogenated coconut oil, and coconut milk powder.

COCONUT WATER CONCENTRATES led the pack with earnings of USD11.015 million from export of 10,579 MT (10,283 MT year-ago).  The United States was principal market capturing 6,183 MT (58.4% of total sales), trailed far behind by United Kingdom 1,153 MT (10.9%).  Other destinations were Australia at 909 MT (8.6%), Netherlands 836 MT (7.9%), Canada 565 MT (5.3%), China 296 MT (2.8%), Singapore 147 MT (1.4%) and 12 others jointly responsible for 489 MT (4.6%). 

VIRGIN COCONUT OIL had gross export receipts of USD9.061 million from sale of 2,357 MT and settled in second place.  Volume was 8.6% short of year-ago at 2,580 MT.  The United States was market leader cornering 1,551 MT (65.8%), while limited volumes went to Netherlands at 134 MT (5.7%), Australia 124 MT (5.3%), United Kingdom 118 MT (5.0%), and 16 other countries with combined import of 430 MT (18.2%). 

COCO MILK LIQUID, which took the third spot, had income of USD2.722 million. Tonnage at 2,480 MT was only 7 MT above previous year at 2,473 MT.  The Netherlands was the biggest market controlling 783 MT (31.6%), followed by Malaysia at 654 MT (26.4%), United Kingdom 377 MT (15.2%), Germany 159 MT (6.4%), United States 146 MT (5.9%) and nine others which took in the remaining 361 MT (14.5%). 

Fourth in rank GLYCERIN recorded proceeds of USD2.183 million from delivery of 1,700 MT, a drop by 11.9% from 1,929 MT year-ago.  Japan was primary destination at 904 MT (53.2%), followed by China at 434 MT (25.6%), South Korea 196 MT (11.5%), Malaysia 79 MT (4.6%).  Three other countries jointly held 86 MT (5.1%). 

Fifth place COCONUT OIL, OTHER generated earnings of USD1.454 million from overseas purchases of 475 MT. The shipment leaped by 172.3% from last year’s 174 MT. The United States was the biggest outlet cornering 390 MT (82.2%), while smaller volumes went to Netherlands 39 MT (8.1%) and six other countries which shared the balance of 46 MT (9.7%). 

The top six export, HYDROGENATED COCONUT OIL had turnover of USD1.287 million from overseas trade of 327 MT. Volume significantly contracted by 86.4% from year-ago at 2,398 MT. There were only five country destinations led by United States at 207 MT (63.3%).  Smaller volumes went to Canada at 75 MT (22.9%), Australia 39 MT (11.8%), Taiwan 4 MT and Japan 2 MT (0.7%). 

COCO MILK POWDER landed seventh and turned in USD1.121 million from delivery of 203 MT (177 MT).  France was main buyer at 54 MT (26.8%), followed by Australia 33 MT (16.3%), Japan 28 MT (13.6%), Taiwan 25 MT (12.4%), China 23 MT (11.4%).  Four others collectively held 40 MT (19.6%). 

FATTY ACID DISTILLATES which earned USD862,358 from external trade of 988 MT (2,354 MT) filled in the eighth place. There were four country destinations with the load chiefly going to China at 707 MT (71.6%).  Other destinations were Pakistan at 140 MT (14.1%), Taiwan 102 MT (10.3%) and India 39 MT (4.0%). 

With receipts of USD713,147 after trading 356 MT (220 MT), TOILET/BATH SOAP was number nine in the list. Vietnam was leading destination at 89 MT (24.9%), trailed by Singapore 75 MT (21.1%), Indonesia 62 MT (17.6%), United Arab Emirates 59 MT (16.5%), Thailand 31 MT (8.8%). Ten other countries shared the remaining 40 MT (11.1%). 

COCO FLOUR held the tenth position with turnover of USD436,664 from transactions involving 286 MT (412 MT).  The United States was major destination at 181 MT (63.4%), followed far behind by Mexico 43 MT (15.1%), United Kingdom 36 MT (12.6%), China 20 MT (7.2%) and three other countries which together absorbed 5 MT (1.8%). 

Completing the top 17 non-traditional exports were: coir products, coconut acid oil, coco peat/dust, young coconut (chips/meat, dried, sliced/grated), nata de coco, coconut water, and shampoo.  COIR PRODUCTS had revenue of USD419,590 from trade of 1,700 MT (1,260 MT).  There were only five importing countries: China, which was almost exclusive buyer at 1,640 MT (96.5%), Japan at 33 MT, United States 25 MT, South Korea and United Kingdom at 1 MT apiece. 

COCONUT ACID OIL generated USD419,128 with total volume at 559 MT (314 MT).  There were only three country destinations: China, which took the biggest chunk at 527 MT (94.3%), India at 19 MT (3.5%) and South Korea 12 MT (2.2%). 

COCO PEAT/DUST shipment at 8,185 MT (7,572 MT) was valued USD391,339.  Four destinations were recorded: China 7,992 MT (97.6%), South Korea 107 MT (1.3%), Malaysia 71 MT and Japan 14 MT.

YOUNG COCONUT (chips/meat, dried, sliced/grated) earned USD280,874 from purchases of 247 MT (62 MT).  Australia was leading market at 97 MT (39.4%), tracked by Iraq at 83 MT (33.4%), and three other countries which shared the balance of 67 MT (27.2%). 

NATA DE COCO export at 201 MT (178 MT) turned in USD240,527.  The United States was prime outlet at 93 MT (46.6%), followed by Japan 26 MT (12.9%), Singapore 19 MT (9.7%), United Arab Emirates 18 MT (9.0%), Hong Kong 16 MT (8.2%), and four other countries sharing the remainder at 27 MT (13.7%). 

COCONUT WATER earned USD201,285 from orders of 206,888 liters (no export recorded year-ago). There were four country markets: Japan which was top buyer at 101,176 liters (48.4%), trailed by Australia 64,820 liters (31.3%), United States 21,591 liters (10.4%), and Canada 20,300 liters (9.8%).
 
SHAMPOO export at 49 MT (44 MT) was worth USD200,543.  The United States was chief buyer at 20 MT (40.8%), followed by Singapore at 16 MT (31.7%), Mongolia 8 MT (17.3%), Japan 3 MT (6.1%), while 6 other countries shared the balance of 2 MT (4.1%).