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

Data from the Philippine Statistics Authority show 18 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 six non-traditional exports had respective earnings of more than USD1.000 million:  coconut water, concentrates; virgin coconut oil; coconut milk liquid; glycerin; coconut milk powder; and fatty acid distillates.

COCONUT WATER, CONCENTRATES, this month’s top non-traditional export product, generated USD9.548 million from shipment of 10,567 MT, 50.1% more than last year at 7,041 MT.  Key destination was the United States with uptake at 6,102 MT (57.7% of total), trailed by United Kingdom with 1,454 MT (13.8%).  Smaller volumes went to the Netherlands at 972 MT (9.2%), Canada 586 MT (5.5%), Australia 570 MT (5.4%), Taiwan 194 MT (1.8%), France 181 MT (1.7%), China 100 MT (0.9%).  Nine other countries shared a combined volume of 408 MT (3.9%).  

VIRGIN COCONUT OIL settled in the second place with gross export receipts of USD7.619 million from sale of 1,990 MT; volume was 17 MT short of year-ago at 2,007 MT.  The US was market leader, capturing 918 MT (46.1%), followed by Germany 369 MT (18.5%), United Kingdom 220 MT (11.1%), Canada 143 MT (7.2%), China 87 MT (4.4%), Australia 54 MT (2.7%), Malaysia 52 MT (2.6%).  Thirteen other countries shared the balance of 149 MT (7.5%). 

COCONUT MILK LIQUID, which took the third spot, had income of USD2.582 million. Tonnage at 2,062 MT was almost twice (+95.8%) the previous year at 1,053 MT.  Malaysia was the biggest market responsible for 655 MT (31.8%), tracked by United Kingdom 431 MT (20.9%), US at 201 MT (9.8%), France 180 MT (8.7%), Panama 143 MT (6.9%), Germany 123 MT (6.0%) and 12 other countries sharing 329 MT (15.9%). 

Fourth in rank GLYCERIN recorded proceeds of USD2.557 million from delivery of 2,377 MT.  Orders dropped by 46.3% from last year total at 4,431 MT.  Japan was top destination controlling 1,086 MT (45.7%), closely trailed by China at 717 MT (30.2%). Limited volumes went to Singapore at 140 MT (5.9%), Thailand 122 MT (5.1%), Malaysia 100 MT (4.2%) and four other countries with collective uptake of 212 MT (8.9%).  

Fifth placer COCO MILK POWDER had turnover of USD1.931 million from overseas purchases of 321 MT. The shipment shot up by 127.5% from last year’s 141 MT. US took bulk of the shipment at 152 MT (47.3%), with limited loads going to Japan 55 MT (17.1%), Australia 40 MT (12.3%), Netherlands 27 MT (8.3%), Italy 26 MT (8.0%). Four country importers shared the remaining 22 MT (7.0%). 

Top six export, FATTY ACID DISTILLATES, registered earnings of USD1.329 million from cargo at 1,719 MT, a higher tonnage by 8.0% from year-ago at 1,593 MT.  There were only four country destinations led by China at 1,379 MT (80.2%), Pakistan 161 MT (9.3%), US 100 MT (5.8%) and India 80 MT (4.7%). 

COCONUT OIL, OTHER landed seventh and turned in USD906,967 from delivery of 251 MT (357 MT year-ago). The US was main destination capturing 140 MT (55.8%), trailed by Canada 76 MT (30.2%), United Kingdom 22 MT (8.9%), while three other countries shared the balance of 13 MT (5.1%). 

COCO FLOUR which earned USD509,713 from external trade of 237 MT (365 MT last year) filled in the eighth place. The US was leading buyer capturing 85 MT (36.0%), tailed by Germany at 62 MT (26.1%), Canada 52 MT (21.9%) and four countries that jointly shared 38 MT (16.0%). 

COCONUT ACID OIL was ninth in the list, contributing USD503,263 from cargo of 590 MT (735 MT year-ago).  All shipments went to China. 

COCO PEAT/DUST held the 10th position with income of USD464,863 from transactions involving 9,122 MT.  Volume leaped steeply by 155.6% from last year at 3,569 MT. China was almost an exclusive market at 9,022 MT (98.9%) while smaller volumes went to South Korea at 50 MT, Malaysia 37 MT, Japan 14 MT. 

Completing the top 18 non-traditional exports were: coir products, hydrogenated coconut oil, bath/toilet soap, nata de coco, coconut water, shampoo, makapuno and coconut syrup.  COIR PRODUCTS had revenue of USD444,975 from trade of 1,727 MT (1,000 MT).  There were only five country destinations: China, which took almost all of the load at 1,659 MT (96.0%), Japan 37 MT (2.1%), US at 25 MT (1.4%), United Kingdom 4 MT (0.2%) and Switzerland 2 MT (0.1%). 

HYDROGENATED COCONTU OIL generated USD436,290 in foreign exchange revenue from total volume of 113 MT (924 MT).  The US was chief destination at 52 MT (45.7%), trailed by Germany at 34 MT (30.1%), Australia 12 MT (10.4%), South Korea 6 MT (5.3%), while six others shared a combined volume of 10 MT (8.5%).
BATH/TOILET SOAP contributed USD417,663 from export of 240 MT (509 MT). Foremost destination was Vietnam at 85 MT (35.6%), tracked by Thailand 74 MT (31.1%), Malaysia 23 MT (9.5%), United Arab Emirates 22 MT (9.1%), Saudi Arabia 14 MT (6.0%). Eight other countries shared the balance of 21 MT (8.8%).

NATA DE COCO turned in USD402,796 from purchases of 304 MT (160 MT).  Leading importer was the US 73 MT (24.1%), closely followed by Japan at 72 MT (23.8%), then Canada 37 MT (12.1%), Australia 30 MT (9.9%), Netherlands 24 MT (7.8%), South Korea 21 MT (6.8%), United Kingdom 15 MT (5.0%) and eight others with combined uptake of 32 MT (10.5%). 

Shipment of COCONUT WATER at 393,393 liters was valued USD351,041.  Volume was more than 43 times higher than previous year at 9,124 liters.  China was the biggest market at 194,870 liters (49.5%) while smaller orders were made by Hong Kong 81,200 liters (20.6%), New Zealand 23,588 liters (6.0%), Australia 21,607 liters (5.5%), Canada 20,300 liters (5.2%).  Three other countries held a combined share of 51,827 liters (13.2%).  

SHAMPOO earned USD340,434 from purchases of 93 MT (4 MT).  Volume went chiefly to Singapore at 65 MT (70.3%).  Other destinations were Japan at 10 MT (10.8%) and six other countries responsible for 18 MT (18.9%). 

MAKAPUNO turned in USD188,806 from shipment of 118 MT (no export recorded year-ago).  Canada was top buyers at 22 MT (19.1%), trailed by United Arab Emirates at 20 MT (17.3%), Saudi Arabia 14 MT (12.1%), US at 13 MT (10.9%), Italy 12 MT (10.2%), Taiwan 7 MT (5.7%), New Zealand and Oman at 6 MT apiece (5.2%).  Six other countries held a total of 17 MT (14.6%). 

COCONUT SYRUP proceeds at USD169,156 was realized from transactions involving 50 MT (32 MT). There were two country destinations with the US taking the bigger share at 36 MT (71.9%), and Germany at 14 MT (28.1%).