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

Data from the Philippine Statistics Authority show 16 non-traditional coconut products generated export revenue of more than USD100,000 in February thus qualified in the top non-traditional export products category.  More products were added to the million dollars earners, numbering eight this month, the so-called top eight:  virgin coconut oil, coconut water other than concentrates, glycerin, coconut water concentrates, coconut oil other, coconut milk liquid, hydrogenated coconut oil, and nata de coco. 
VIRGIN COCONUT OIL remained market leader with earnings at USD7.714 million from export of 2,062 MT.  Volume, however, was 34.7% behind last year at 3,158 MT.  The United States was principal market cornering 52.5% of total volume at 1,083 MT.  Trailing far behind were United Kingdom at 197 MT (9.5%), Germany 188 MT (9.1%), Canada 175 MT (8.5%), Netherlands 138 MT (6.7%), Australia 96 MT (4.6%) and 17 others with combined uptake at 184 MT (9.0%).
COCONUT WATER, OTHER THAN CONCENTRATES, was a close second generating USD7.416 million from delivery of 8,993 MT.  The United States was leading destination responsible for 47.1% of total trade or 4,232 MT, followed by United Kingdom at 1,734 MT (19.3%), and Netherlands 1,101 MT (12.2%) which comprised the top three outlets.  Other markets were Canada at 495 MT (5.5%), Spain 471 MT (5.2%), Australia 291 MT (3.2%), and 16 others which collectively accounted for 670 MT (7.5%).
GLYCERIN took the third slot with income of USD4.657 million from purchases of 3,394 MT, sharply improving by 47.3% from prior year at 2,303 MT.  China and Japan were key markets with respective orders at 1,653 MT (48.7%) and 1,412 MT (41.6%).  The remaining 329 MT (9.7%) were shared by South Korea, Vietnam, and France.
COCONUT WATER CONCENTRATES landed fourth with gross export proceeds at USD3.124 million.  Shipment during the month was 1,756 MT, a massive drop by 72.9% from previous year at 6,471 MT.  The United States took in bulk of the load at 1,274 MT or nearly three-fourths (72.5%).  The balance was shared by Spain at 149 MT (8.5%), United Kingdom 107 MT (6.1%) and 13 other countries which held 226 MT (12.9%).
Taking the fifth spot was COCONUT OIL, OTHER which turned in USD2.532 million.  Total volume sold was 842 MT, surpassing by 5.4% prior year at 799 MT.  Leading the list of buyers was the United States which held 62.0% of total sales or 522 MT.  Other significant importers were Spain at 110 MT (13.1%), Japan 96 MT (11.4%) and Mexico 79 MT (9.4%) while limited loads went to Hong Kong 18 MT and China 17 MT.
COCONUT MILK LIQUID was top six.  Shipment at 1,637 MT was valued USD2.477 million.  Tonnage exceeded by 31.2% last year data at 1,248 MT.  The Netherlands led the pack of buyers at 388 MT (23.7%), closely followed by the United States at 354 MT (21.6%), United Kingdom 318 MT (19.4%), Malaysia 298 MT (18.2%), and Germany which completed the top five markets at 109 MT (6.6%).  Smaller orders totaling 170 MT (10.4%) went to six other countries.
HYDROGENATED COCONUT OIL ranked seventh with foreign exchange income of USD1.276 million after trading 359 MT, a smaller volume by 12.1% compared to last year at 409 MT.  Principal destination was the United States at 146 MT (40.5%).  Smaller quantities were imported by Belgium 57 MT (15.9%), Canada 50 MT (13.8%), Australia 47 MT (13.0%), Germany 38 MT (10.6%) and four others which jointly took in 22 MT (6.1%).
The eighth position was held by NATA DE COCO which registered turnover of USD1.130 million from deals of 767 MT, slightly higher by 4.7% from previous year at 733 MT.  Japan led 16 countries in this field with uptake at 248 MT (32.3%), tracked by United Arab Emirates at 157 MT (20.5%), United States at 103 MT (13.4%), Algeria 87 MT (11.3%), Canada 46 MT (6.0%), and a dozen others which collectively held 126 MT (16.5%).  
COCONUT MILK POWDER turned in USD927,333 and landed ninth with corresponding volume at 148 MT, a reduction by 36.8% from prior year total at 235 MT.  Japan and Australia were chief importers, each recording equal volume at 28 MT (18.8%), followed by Argentina at 22 MT (15.1%), United States 20 MT (13.4%) and nine others with combined purchases at 50 MT (34.0%).
Completing the top 10 export earners was FATTY ACID DISTILATES which grossed USD866,958 after selling 1,001 MT.  Volume, however, contracted by 43.9% from the preceding year at 1,785 MT.  There were only four country importers led by Pakistan at 401 MT (40.1%), trailed by China 344 MT (34.4%), India 226 MT (22.5%) and Malaysia 30 MT (3.0%).
The 11th to 16th places were respectively occupied by toilet/bath soap, coconut peat/dust, coir & coir products, coconut flour, makapuno, and shampoo.  TOILET/BATH SOAP sold 336 MT (401 MT last year) worth USD693,217 mainly to Thailand at 199 MT (59.4%) and Vietnam 80 MT (23.9%).  Other buyers were Singapore and United Arab Emirates at 22 MT apiece (6.6%), and 11 others which together shared 12 MT (3.6%).  COCONUT PEAT/DUST export at 8,495 MT (8,861 MT) earned USD438,699.  China was virtually an exclusive destination capturing 99.7% at 8,471 MT, the rest at 24 MT went to South Korea.  
External trade of COIR & COIR PRODUCTS at 1,841 MT (1,352 MT) was valued USD430,185.  Similarly, almost all of the month’s shipment (99.1%) went to China at 1,825 MT with Japan taking a residual 16 MT. Delivery of COCONUT FLOUR was 197 MT (592 MT) costing USD317,415.  Canada was principal market at 74 MT (37.7%), followed by Russia 37 MT (18.6%), United States 36 MT (18.2%), Germany 22 MT (11.3%), Mexico 18 MT (9.1%) and four others which handled 10 MT (5.1%).  
Outbound load of MAKAPUNO at 142 MT (196 MT) had turnover of USD218,099.  Volume went chiefly to United Arab Emirates at 59 MT (41.5%), trailed by the United States at 33 MT (23.4%), Saudi Arabia 18 MT (12.4%), Australia 13 MT (9.5%), Canada 11 MT (8.1%) and three others which held 7 MT (5.2%).  SHAMPOO export at 46 MT (35 MT) earned USD108,783.  Mongolia and United Arab Emirates were top markets, taking in equal volumes at 18 MT (39.8%).  Seven other countries together held 9 MT (20.5%).