Sri Lanka Coco Kernel Products Export Up in January

Data from Sri Lanka Coconut Development Authority show the country’s coconut kernel products export in January increased 12% to Rs4,807.88 million (USD25.237 million) from Rs4,282.49 million (USD23.609 million) in a similar month year-ago.  The top five exports generated Rs4,165.34 million during the month, a sharp rise by 20% over January last year at Rs3,472.41 million.  The leading export products consisted of coconut milk, desiccated coconut, virgin coconut oil, coconut milk powder, and coconut cream in that order. Except for desiccated coconut and virgin coconut oil which slightly reduced revenue, other products posted double digit growths. 

On the other hand, among the top five exports, only coconut mik and coconut milk powder recorded increase in volume traded.  Export of coconut milk climbed 19% at 4,039 MT from 3,402 MT a year ago, coconut milk powder showed a limited rise of 2% at 552 MT from 541 MT.  This contrasted with desiccated coconut which trimmed shipment by 40% at 1,515 MT from 2,509 MT, virgin coconut oil with 26% shortfall at 654 MT from 881 MT, and coconut cream with 7% reduction at 1,025 MT from 1,100 MT.