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

Data from the Philippine Statistics Authority show 15 non-traditional coconut products generated export revenue of more than USD100,000 during the month to qualify for the top non-traditional export products category. The top five non-traditional exports each earned more than USD1.000 million: coconut water,  virgin coconut oil, glycerin, coconut milk liquid and husk cubes.

COCONUT WATER led the pack with earnings of USD10.651 million from export of 9,602,937 liters. Volume shot up by 90.1% from year-ago shipment at 5,052,160 liters. The United States was the biggest outlet cornering 6,004,502 liters (62.5% of total sales).  Smaller volumes went to  United Kingdom at 854,335 liters (8.9%), Canada 576,082 liters (6.0%), Netherlands 431,995 liters (4.5%), Japan 372,356 liters (3.9%), Brazil 354,257 liters (3.7%), Australia 229,857 liters (2.4%), Singapore 169,021 liters (1.8%), China 138,020 liters (1.4%) and 13 other countries that shared 472,511 liters (4.9%). 

VIRGIN COCONUT OIL, the second largest non-traditional export during the month, grossed USD5.510 million from sale of 2,288 MT.  The shipment increased by 30.1% from the previous year at 1,713 MT.  The United States  was  major market capturing 570 MT (25.6%), trailed by Germany at 439 MT (19.7%), China 383 MT (17.2%), Canada 288 MT (12.9%), Netherlands 146 MT (6.5%), Brazil 132 MT (5.9%), and 16 other countries responsible for 270 MT (12.1%). 

GLYCERIN, which took the third spot, had income of USD3.541 million from trade of 4,266 MT. Total purchases during the month more than doubled year-ago volume at 2,096 MT.  Japan was the primary market controlling 2,521 MT (59.1%), followed by China at 1,091 MT (25.6%).  Smaller volumes went to South Korea  at 188 MT (4.4%), Russia 129 MT (3.0%), Malaysia 106 MT (2.5%) and six other countries with combined uptake of 232 MT (5.4%).

Fourth in rank COCONUT MILK LIQUID recorded proceeds of USD1.516 million from shipment of 839 MT.  Delivery during the month rocketed by 91.5% from same period year-ago at 438 MT. United States was market leader at 154 MT (18.4%), tracked by Japan at 133 MT (15.9%), Germany 101 MT (12.1%), Australia 84 MT (10.0%), Malaysia 83 MT (9.9%) and 10 other countries which jointly held 284 MT (33.9%).

Fifth placer HUSK CUBES had turnover of USD1.140 million from overseas purchases of 566 MT which saw an increase by 20.0% from same period year-ago at 472 MT.  There were only three country destinations: United Kingdom at 337 MT (59.5%), Japan 225 MT (39.8%) and Turkey 4 MT (0.7%). 

The top six export, COCO MILK POWDER, registered earnings of USD957,591. Volume at 207 MT sharply rose by 45.9% from 142 MT of the previous year.  The United States was main destination at 60 MT (29.2%), followed by Japan at 41 MT (19.9%), Netherlands and Mexico at 40 MT (19.3%) apiece and four other countries that collectively shared 25 MT (12.3%). 

HYDROGENATED COCONUT OIL landed seventh and turned in USD847,547 from delivery of 182 MT, a sharp contraction from 890 MT year-ago (-79.6%).  The United States was leading destination at 85 MT (46.8%), followed by Canada at 50 MT (27.3%), Belgium at 14 MT (7.9%), South Korea 10 MT (5.6%).  Five other countries shared the balance of 23 MT (12.4%).

FATTY ACID DISTILLATES which earned USD660,346 from external trade of 1,540 MT (no export recorded year-ago) filled in the eighth place. There were only three country destinations with bulk of the load going to China at 760 MT (49.3%), India 484 MT (31.4%) and Pakistan 297 MT (19.3%). 

TOILET/BATH SOAP with receipts of USD568,271 after selling 338 MT was number nine in the list.  Purchases during the month leaped by a whopping 490.4% over same period year-ago total at 57 MT.  Thailand was leading market at 110 MT (32.5%), followed by Vietnam at 101 MT (29.8%), Malaysia at 63 MT (18.5%), Nepal 18 MT (5.3%), Singapore 15 MT (4.4%), United States 13 MT (3.8%) and eight countries which took in the remaining at 19 MT (5.7%). 

COIR PRODUCTS held the tenth position with turnover of USD381,694 from transactions involving 1,561 MT (1,396 MT).  There were only three country destinations: China 1,457 MT (93.3%), Japan 60 MT (3.8%) and South Korea 44 MT (2.8%). 

Completing the top 15 non-traditional exports were: coco peat/dust, coco flour, coconut concentrates, nata de coco and coco sugar. COCO PEAT/DUST had revenue of USD264,661 from trade of 719 MT (2,111 MT). There were four country destinations, primarily to China at 510 MT (70.9%), South Korea 161 MT (22.3%), Japan 40 MT (5.6%) and Guam 8 MT (1.1%). 

COCO FLOUR generated USD223,663 from deals amounting to 219 MT (196 MT). Iraq took in 77 MT (35.3%), United States 64 MT (29.2%), Canada 43 MT (19.7%), United Kingdom 18 MT (8.0%) and eight other countries with combined uptake at 17 MT (7.8%). 

COCONUT CONCENTRATES contributed USD187,860 from export of 48 MT (no export recorded year-ago). Volume solely went to Malaysia. 

NATA DE COCO earned USD143,411 from purchases of 139 MT (276 MT). There were only six country importers.  China was leading buyer responsible for 52 MT (37.4%), tracked by South Korea at 42 MT (30.3%), Japan 19 MT (13.6%), Malaysia 15 MT (10.9%), Hong Kong 9 MT (6.2%) and Australia 2 MT (1.7%). 

COCO SUGAR  shipment of 32 MT (no export year-ago) was valued USD141,289.  There were only four country recipients: Belgium 16 MT (50.9%), United Kingdom 13 MT (40.7%), France and United States at 1 MT a piece.