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

Data from the Philippine Statistics Authority showed there were 17 non-traditional coconut products that registered earnings of over USD100,000 in the month of July this year, one product short of last month.  The top 11 products registered turnovers of over USD1.000 million during the month, two products more than last month’s nine million-dollar earners. These products were coconut water, hydrogenated coconut oil, glycerin, coconut water concentrates, coconut oil other, fatty acid distillates, toilet/bath soap, coconut milk powder, coconut milk liquid, biodiesel, virgin coconut oil.  
COCONUT WATER maintained last month’s leadership with revenue of USD13.026 million from sale of 16,100 MT. There was no export of coconut water last year.  The USA remained the principal destination responsible for 75.8% of total shipment or 12,206 MT, trailed by United Kingdom at 2,127 MT (13.2%).  Other destinations were Canada at 737 MT (4.6%). Netherlands 544 MT (3.4%), France 104 MT, Hong Kong 102 MT and nine others with uptake ranging 1-83 MT namely Singapore, Spain, China, United Arab Emirates, Japan, Kuwait, Norway, Taiwan, Australia.
HYDROGENATED COCONUT OIL was second major non-traditional export with turnover of USD2.949 million after trading 2,753 MT, an improvement by 13.2% from last year at 2,432 MT.  The USA also led in hydrogenated coconut oil market at 822 MT (29.9%), followed by Australia at 738 MT (26.8%), Netherlands at 666 MT (24.2%) and Canada which completes the top five market at 356 MT (12.9%).  Smaller volume went to China at 102 MT (3.7%), and three others with orders ranging 3-63 MT such as Taiwan, Thailand and Japan.
In the third place was GLYCERIN with earnings of USD2.753 million.  Volume at 3,382 MT rocketed by 78.4% from last year at 1,896 MT.  China was principal market at 1,940 MT (57.4%), with Japan following at 816 MT (24.1%).  Other country importers were the USA at 166 MT (4.9%), Thailand at 163 MT (4.8%), Malaysia 94 MT (2.8%), Uganda 87 MT (2.6%), South Korea 60 MT (1.8%).  The remainder went to three other countries with tonnage ranging 10-23 MT namely Australia, Canada, France.
Holding the fourth spot was COCONUT WATER CONCENTRATE with export receipts of USD2.713 million from overseas purchases of 717 MT.  Tonnage posted a shortfall of 19.2% from the previous year at 888 MT. China was top buyer cornering 421 MT (58.7%).  Trailing far behind were Thailand at 138 MT (19.3%), Brazil 47 MT (6.6%), Vietnam 39 MT (5.4%), Malaysia 24 MT (3.3%), Sri Lanka and United Kingdom at 23 MT (3.2%) apiece.  A residual 1 MT went to Peru. 
The fifth slot was held by COCONUT OIL OTHER category having turned in USD2.407 million from external trade amounting to 860 MT, above last year’s 785 MT by 9.5%.  The USA led the pack at 337 MT (39.2%), followed by Canada at 115 MT (13.4%), Japan at 88 MT (10.2%), China at 82 MT (9.6%), Netherlands at 79 MT (9.2%), Pakistan at 60 MT (7.0%), and seven others with uptake ranging 0.13-22 MT.  The latter group consisted of South Africa, Australia, Germany, Vietnam, Thailand, Colombia, United Arab Emirates. 
FATTY ACID DISTILLATES was ranked sixth contributing USD2.273 million.  This month’s shipment at 3,057 MT rocketed 263.3% from the preceding year’s 841 MT.  China remained a bulk importer capturing 2,700 MT or 88.3% of total business.  Other markets were Pakistan at 103 MT, India at 102 MT, South Korea at 82 MT, and the USA at 71 MT.
Holding the seventh position was TOILET/BATH SOAP which generated USD1.503 million from sale of 539 MT, a reduction by 10.8% from the prior year at 605 MT.  Indonesia and Vietnam were key markets with the former responsible for 30.0% or 162 MT and the latter 27.3% or 147 MT.  Other destinations were Thailand at 84 MT (15.5%), United Arab Emirates at 48 MT (8.8%), United Kingdom at 22 MT (4.0%), Qatar 19 MT (3.5%), Nepal 17 MT (3.2%), Singapore 17 MT (3.1%).  Nearly a dozen countries ordered much smaller quantities ranging 0.15-7 MT.  The group was made up of France, Canada, Macau, Taiwan, Australia, New Zealand, Netherlands, Tuvalu, Japan, American Samoa, Nigeria.
COCO MILK POWDER was top eight with gross export receipts of USD1.403 million.  This month’s load at 300 MT jumped 77.4% from 169 MT a year ago.  The USA was foremost importer accounting for 127 MT (42.2%), followed by Japan at 80 MT (26.8%), Australia at 32 MT (10.6%), China at 25 MT (8.5%), France 14 MT (4.6%), Argentina 12 MT (4.1%), South Korea 8 MT (2.8%), and Taiwan 1 MT.
The ninth slot was held by the other variant of coconut milk, the COCONUT MILK LIQUID with export proceeds of USD1.399 million.  The shipment at 1,136 MT grew by 23.3% from 921 MT a year earlier.  Malaysia remained a top destination during the month which was responsible for 77.3% of total or 878 MT, tracked by China at 113 MT (10.0%) and United Kingdom at 83 MT (7.3%).  Limited orders were made by Spain at 36 MT (3.2%) and four others with loads ranging 0.3-13 MT namely France, United Arab Emirates, Kuwait, South Korea.
Rounding up the top 10 non-traditional exports was BIODIESEL with turnover of USD1.197 million.  Total volume sold at 690 MT nearly tripled last year’s 254 MT (+171.9%).  Germany was leading importer with uptake comprising more than half (51.7%) of total or 357 MT, followed by South Korea at 200 MT (29.0%), Japan at 117 MT (17.0%) and Mexico at 16 MT (2.3%).
The next seven major non-traditional exports were Virgin Coconut Oil, Coconut Acid Oil, Nata de Coco, Coconut Meat Chips, Young Coconut (dried meat in strips, sliced or shredded), Makapuno, and Coco Peat/Dust.  Details to follow in next week’s UWB.