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

Data from the Philippine Statistics Authority show 14 non-traditional coconut products generated export revenue of more than USD100,000 during the month to qualify in the top non-traditional export products category. The top five non-traditional exports revealed respective earnings of more than USD1.000 million: coconut water, virgin coconut oil, hydrogenated coconut oil, glycerin and coco milk powder.

COCONUT WATER, this month’s top non-traditional export product, generated USD7.690 million from shipment of 6.666 million liters.  The volume was 56.7% lower than last year at 15.385 million liters.  The US was primary destination controlling 3.938 million liters (59.1% of total), followed far behind by United Kingdom at 932,827 liters (14.0%), Netherlands  376,776 liters (5.7%), Canada 335,689 liters (5.0%), Brazil 271,626 liters (4.1%), Australia 259,400 liters (3.9%).  Thirteen other countries shared the balance of 551,920 liters (8.3%).

VIRGIN COCONUT OIL had gross export receipts of USD6.948 million from sale of 2,066 MT and settled in the second place.  Volume was 39.5% short of year-ago at 3,412 MT.  The US was market leader, capturing 802 MT (38.8%), followed by Germany at 566 MT (27.4%), Canada 133 MT (6.5%), Brazil 91 MT (4.4%), Netherlands 87 MT (4.2%), Australia 68 MT (3.3%) and 21 other countries with combined import of 319 MT (15.4%).

HYDROGENATED COCONUT OIL, which took the third spot, had income of USD3.855 million. Tonnage at 1,579 MT was more than twice the previous year figure at 736 MT.  The US was the biggest market at 554 MT (35.1%), trailed by Canada at 309 MT (19.6%), Australia 288 MT (18.2%), France 130 MT (8.2%), United Kingdom 75 MT (4.7%) and 11 other countries sharing 224 MT (14.2%).

Fourth in rank GLYCERIN recorded proceeds of USD2.399 million from delivery of 2,127 MT, a significant drop in volume by 46.1% from 3,948 MT in prior year. There were nine country destinations with Japan taking in bulk of  the shipment at 1,287 MT (60.5%) while smaller volumes went to China at 309 MT (14.5%), South Korea 264 MT (12.4%), Malaysia 99 MT (4.6%), Vietnam 73 MT (3.4%), Iran 40 MT (1.9%), Germany 24 MT (1.1%), Turkey 21 MT (1.0%) and France at 10 MT. 

Fifth placer COCO MILK LIQUID had turnover of USD1.025 from overseas purchases of 496 MT. The shipment  increased by  13.0% from same period last year’s 439 MT. Top six destinationas were: Australia 103 MT (20.7%), France 90 MT (18.0%), Malaysia 65 MT (13.2%), New Zealand 57 MT (11.5%), Brazil 53 MT (10.7%), US 51 MT (10.3%).  Eight country importers shared the balance of 77 MT (15.5%). 

The top six export, COCO MILK POWDER, registered earnings of USD806,622 from cargo of 256 MT. Volume leaped 60.5% from same period year-ago at 160 MT. There were seven country destinations led by Netherlands at 121 MT (47.2%), trailed by Japan at 54 MT (21.1%), Taiwan 25 MT (9.8%), US 20 MT (7.8%), China and Germany at 14 MT apiece and Australia 9 MT (3.3%). 

COCO FLOUR landed seventh and turned in USD691,307 from delivery of 607 MT (299 MT year-ago). There were six importing countries led by US at 301 MT (49.6%), tracked by Vietnam 150 MT (24.7%), Taiwan 70 MT (11.5%), Australia 50 MT (8.2%), Canada 19 MT (3.1%) and Brazil 17 MT (2.8%). 

COIR PRODUCTS which earned USD455,169 from external trade of 1,596 MT (1,400 MT) filled in the eighth place. There were two country destinations with bulk of the load chiefly going to China at 1,541 MT (96.5%).  The other recipient was South Korea at 55 MT (3.5%).   

TOILET/BATH SOAP rounded up the top nine non-traditional exports contributing USD368,639.  Tonnage at 193 MT shrank by 69.7% from previous year at 636 MT. Thailand was the primary destination capturing 91 MT (47.5%), followed by South Korea at 35 MT (18.2%), United Arab Emirates 17 MT (9.1%), India 16 MT (8.5%), Singapore 15 MT (7.6%) and nine other countries sharing the balance of 18 MT (9.2%).

COCO PEAT/DUST held the 10th position with shipment value at USD310,892 from transactions involving 4,373 MT.  Volume shot up 74.7% from 2,502 MT year-ago. China was almost an exclusive market at 3,930 MT (89.9%) while smaller volumes went to South Korea at 156 MT (3.6%), Turkey 126 MT (2.9%), Taiwan 118 MT (2.7%) and nine other countries which shared 43 MT (1.0%). 

Completing the top 14 non-traditional exports were: shampoo, coconut cream, fresh coconut and laundry soap.  SHAMPOO had revenue of USD200,966 from trade of 106 MT (246 MT).  Japan was leading market at 44 MT (41.6%), followed by Singapore 25 MT (23.4%), Mongolia 19 MT (17.5%) and nine others with combined purchases of 19 MT (17.6%). 

COCONUT CREAM generated USD186,852 in foreign exchange income from total volume of 351 MT (11 MT).  There were four country destinations with Thailand taking the top spot at 143 MT (40.7%), tracked by South Korea at 114 MT (32.6%), Australia 58 MT (16.5%) and Netherlands 36 MT (10.2%).

FRESH COCONUT contributed USD177,306 from shipment of 58,513 nuts (150,548 nuts). There were only three country buyers: US at 43,718 nuts (74.7%), Japan 11,445 nuts (19.6%) and Australia at 3,350 nuts (5.7%).

LAUNDRY SOAP earned USD150,194 from purchases of 181 MT (64 MT). Nigeria held much of the load at 144 MT (79.4%), followed by Malaysia 37 MT (20.3%), Qatar 1 MT.