Performance of Philippine Top Non-Traditional Coco Products Export in February

Official data from the Philippine Statistics Authority show 18 non-traditional coconut products generated revenue of more than USD100,000 during the month to qualify in the sector’s top exports list.  The top eight non-traditional exports respectively exceeded USD1.000 million in generated revenue.  These are: virgin coconut oil; coconut concentrates; coconut water; coconut oil, other; glycerin; coco milk liquid; coconut milk powder; and fatty acid distillates.

VIRGIN COCONUT OIL led the pack with earnings of USD11.463 million from export of 3,158 MT. The shipment spiked 59.9% over previous year total at 1,974 MT.  The United States was top market capturing 1,954 MT (61.9% of total sales).  Smaller volumes went to Canada at 217 MT (6.9%), Germany 174 MT (5.5%), Slovenia 173 MT (5.5%), United Kingdom 161 MT (5.1%), Brazil 127 MT (4.0%) and 16 other countries responsible for 352 MT (11.2%). 

Second placer COCONUT CONCENTRATES had gross export receipts of USD6.066 million from sale of 6,471 MT.  Total load dropped by 25.1% from year-ago at 8,644 MT.  The United States was foremost destination cornering 4,097 MT (63.3%), followed far behind by United Kingdom 1,070 MT (16.5%), Canada 450 MT (7.0%), China 233 MT (3.6%), Netherlands 191 MT (2.9%).  Twelve other countries absorbed the remainder of 429 MT (6.6%). 

COCONUT WATER which took the third spot turned in USD2.432 million from trade of 2,495,972 liters.  Volume more than doubled last year at 858,560 liters (+190.7%).  The United States was still the biggest outlet cornering 1,179,883 liters (47.3%).  Far distance behind were Canada at 468,968 liters (18.8%), Japan 200,308 liters (8.0%), France 162,051 liters (6.5%), Australia 150,745 liters (6.0%), United Kingdom 137,349 liters (5.5%) and four other countries that shared the balance of 196,666 liters (7.9%). 

Fourth in rank COCONUT OIL, OTHER recorded proceeds of USD2.039 million from shipment of 799 MT. Tonnage dropped by 36.9% from 1,267 MT last year. There were only four country destinations: United States at 760 MT (95.0%), New Zealand 35 MT (4.4%), Colombia 3 MT and United Arab Emirates 2 MT. 

Fifth placer GLYCERIN, with turnover of USD1.984 million from overseas orders of 2,303 MT, increased its load by 6.9% from last year at 2,154 MT.  China was leading destination at 1,107 MT (48.1%), followed by Japan at 910 MT (39.5%), Malaysia 110 MT (4.8%), South Korea 80 MT (3.5%), Iran 55 MT (2.4%) and Vietnam 41 MT (1.8%). 

The top six export, COCO MILK LIQUID, registered earnings of USD1.807 million from 1,248 MT trade.  Shipment during the month was 60.0% behind year ago at 3,119 MT.  United Kingdom was primary destination at 238 MT (19.1%), trailed by United States at 203 MT (16.3%), Malaysia 170 MT (13.6%), France 138 MT (11.1%), China 105 MT (8.4%), while 11 other countries shared the balance of 394 MT (31.6%). 

COCONUT MILK POWDER landed seventh and turned in USD1.580 million from delivery of 235 MT (246 MT year-ago).  There were only seven importing countries: United States 93 MT (39.5%), Mexico 42 MT (17.7%), Australia 41 MT (17.6%), Netherlands 32 MT (13.6%), Japan 14 MT (5.9%), China 7 MT (2.9%) and Taiwan 6 MT (2.8%). 

FATTY ACID DISTILLATES which earned USD1.200 million from external trade of 1,785 MT (1,316 MT) filled in the eighth place. China bought nearly all of the shipment at 1,442 MT (80.8%).  Other destinations were Pakistan 262 MT (14.7%), India 60 MT (3.3%) and Malaysia 21 MT (1.2%). 

COCONUT FLOUR, with receipts of USD929,456 after selling 592 MT (468 MT), was number nine in the list.  The United States was top destination at 166 MT (28.1%), followed by Netherlands at 127 MT (21.5%), with smaller orders going to Germany 68 MT (11.5%), Canada and Mexico at 50 MT apiece (8.5%), Slovenia and United Kingdom at 35 MT apiece (6.0%) and nine other countries with combined uptake at 60 MT (10.1%). 

TOILET/BATH SOAP held the 10th position with turnover of USD840,349 from transactions involving 401 MT (752 MT).  Thailand was leading buyer at 123 MT (30.6%), followed by Vietnam 76 MT (18.9%), United Arab Emirates 49 MT (12.2%), Singapore 41 MT (10.1%), Japan 36 MT (9.0%), Qatar 25 MT (6.2%), while 11 other countries shared the balance of 52 MT (12.9%). 

Completing the top 18 non-traditional exports were: nata de coco, coconut acid oil, coco peat/dust, hydrogenated coconut oil, coir & coir products, makapuno, coconut meat grated and shampoo.  NATA DE COCO generated USD727,585 from deals amounting to 733 MT (395 MT). Japan was market leader at 335 MT (45.7%), trailed by United States at 120 MT (16.3%), Canada 62 MT (8.5%), China 52 MT (7.1%), South Korea 37 MT (5.0%).  Thirteen other countries held the balance of 128 MT (17.4%),

COCONUT ACID OIL contributed USD579,783 from exports of 863 MT (734 MT) all of which went to China.  

COCO PEAT/DUST earned USD471,487 from shipment of 8,861 MT (7,537 MT).  China was almost an exclusive importer at 8,594 MT (97.0%).  The rest went to four other countries. 

HYDROGENATED COCONUT OIL recorded receipts of USD360,974 from purchases amounting to 409 MT  (266 MT). The United Kingdom took in nearly all of the load at 385 MT (94.1%), while six others shared the balance of  24 MT.

Income from COIR & COIR PRODUCTS was USD327,499 from orders of 1,352 MT (1,287 MT).  China took in bulk of the shipment at 1,289 MT (95.4%) while two others shared the remainder. 

Proceeds from MAKAPUNO amounted to USD322,420 from deals of 196 MT (no export recorded year-ago). The United States was key outlet at 53 MT (27.0%), trailed by United Arab Emirates 37 MT (18.8%), Netherlands, Saudi Arabia, Canada at 17 MT apiece (8.6%), Kuwait 14 MT (7.2%), Qatar 11 MT (5.7%), with six other countries sharing the balance of 30 MT (15.5%). 

COCONUT MEAT GRATED contributed USD281,174 from export of 158 MT (198 MT).  Australia was biggest buyer at 61 MT (38.8%), followed by Canada at 43 MT (27.2%), Hong Kong 30 MT (19.0%), United States 13 MT (8.3%), and three others jointly responsible for 11 MT (6.8%). 

SHAMPOO grossed USD123,588 from sales of 35 MT (25 MT).  Mongolia took the lead at 12 MT (36.0%), tracked by Malaysia and Singapore at 10 MT apiece (28.8%).  The balance went to three other countries.