Export Performance of Philippine Top Non-Traditional Coconut Products in November 2023

Data from the Philippine Statistics Authority showed there were 17 non-traditional coconut products that generated export revenue of over USD100,000 in the month of November, same as last month.  However, the number of products that turned in more than USD1.000 million in sales declined to six from nine in the previous month. This included coconut water, virgin coconut oil, hydrogenated coconut oil, coconut water concentrates, coconut milk liquid, and fatty acid distillates.
The month’s top grosser was COCONUT WATER with revenue of USD7.993 million.  Volume, however, at 9,262 MT declined by 28.5% from 12,959 MT in the previous year.  The USA was primary destination at 6,304 MT (68.1% of total), trailed by United Kingdom at 1,355 MT (14.6%).  Other destinations were Canada at 465 MT (5.0%), Netherlands 424 MT (4.6%), China 223 MT (2.4%), Australia 107 MT (1.2%), Singapore 104 MT (1.1%), and nine others which took in lower than 100 MT (0.32-93 MT).  The latter group consisted of Hong Kong, Japan, United Arab Emirates, France, Pakistan, Kuwait, Germany, Argentina, Malaysia.
Taking the second place was VIRGIN COCONUT OIL with turnover at USD6.543 million from sale of 2,245 MT, higher by 4.2% when compared with last year at 2,155 MT.  The USA was market leader taking in 1,357 MT (60.5%).  Smaller loads were delivered to China at 277 MT (12.4%), Canada 145 MT (6.5%), Mexico 95 MT (4.2%), Germany 75 MT (3.3%), Australia 57 MT (2.5%), United Kingdom 50 MT (2.2%).  Some 13 other countries took in volume below 50 MT (0.62-38 MT range) namely, Netherlands, Slovenia, Malaysia, South Korea, New Zealand, Peru, Hong Kong, Taiwan, Northern Mariana Islands, United Arab Emirates, Japan, Spain, Switzerland.
In the third slot was HYDROGENATED COCONUT OIL which earned USD4.488 million from overseas purchases of 2,904 MT.  The volume was more than double the previous year at 1,423 MT (+104.1%).  Key markets were Australia and USA with the former responsible for 47.9% or 1,392 MT and USA 45.4% or 1,317 MT.  Other markets were Canada at 137 MT (4.7%) and five others with uptake ranging 2-25 MT namely, Japan, Netherlands, South Korea, China, Malaysia.
COCONUT WATER CONCENTRATES held the fourth spot with export receipts of USD1.664 million after trading 507 MT, a fractional drop by 0.5% from the previous year at 510 MT. There were six importing countries of this product led by the USA at 267 MT (52.7%).  Following behind were China 147 MT (28.2%), Vietnam 27 MT (5.2%), Thailand 24 MT (4.8%), Netherlands 24 MT (4.7%), United Kingdom 22 MT (4.3%).
COCONUT MILK LIQUID was fifth in the list having turned in USD1.266 million.  This month’s tonnage at 1,025 MT was 4.4% behind a year ago at 1,072 MT.  Malaysia took in bulk of the month’s shipment at 865 MT (84.4%).  Other buyers were United Kingdom 100 MT (9.7%), Japan 19 MT (1.8%), China 18 MT (1.7%), Israel 12 MT, USA 6 MT, United Arab Emirates 5 MT.
COCO FATTY ACID DISTILLATES which occupied the sixth position generated revenue of USD1.078 million from international trade of 1,686 MT, an improvement by 16.1% from same month last year at 1,452 MT. Shipment went chiefly to China at 1,257 MT or nearly three-fourths of the pack (74.6%).  Other destinations were India at 245 MT (14.5%), Pakistan 122 MT (7.2%), Nepal 42 MT (2.5%) and Taiwan 20 MT (1.2%).
Ranked seventh was TOILET/BATH SOAP which turned in USD975,619, the value of this month’s shipment of 303 MT.  The volume was 30.8% behind last year’s data at 438 MT. Top importing country was Indonesia at 102 MT (33.7%), followed by United Arab Emirates at 61 MT (20.2%), Vietnam 38 MT (12.5%), Thailand 37 MT (12.3%), Nigeria 25 MT (8.2%), Singapore 16 MT (5.3%), and 14 others with limited orders ranging 0.1-6 MT.  The latter consisted of Israel, South Korea, Macau, Guam, Australia, New Zealand, Canada, Nepal, Netherlands, Taiwan, Cyprus, Northern Mariana Islands, Switzerland, Virgin Islands. 
GLYCERIN was top eight with turnover of USD818,049 and delivery of 1,656 MT, sharply below the year-ago at 3,067 MT by 46.0%.  Bulk of the month’s shipment went to China at 1,100 MT (66.4%).  Other markets were Japan at 254 MT (15.3%), South Korea 143 MT (8.6%), Thailand 81 MT (4.9%), Malaysia 52 MT (3.1%), Australia 23 MT (1.4%) and India 4 MT.
COCONUT OIL, OTHERS category as ninth major non-traditional export sold USD626,457 from orders totaling 282 MT.  Current month’s tonnage was more than twice last year at 105 MT (+168.8%). The USA led eight buyers with uptake at 123 MT representing 43.7% of aggregate.  Following behind were Canada at 72 MT (25.5%), South Africa 48 MT (17.1%), South Korea 20 MT (7.1%), Japan 12 MT (4.8%).  Three other countries had much smaller orders ranging 0.3-4 MT namely, Taiwan, United Arab Emirates, Hong Kong. 
Completing the top 10 non-traditional coconut export products was BIODIESEL. Volume traded at 368 MT was worth USD583,729.  This month’s load was 28.0% more than the previous year at 287 MT.  There were only two country importers: South Korea and Japan.  South Korea took in a major part of the load at 295 MT (80.2%) while the remainder at 73 MT (19.8%) went to Japan.
The next seven leading non-traditional coconut products exports namely, Coconut Milk Powder, Coco Chips, Coco Peat/Dust, Nata de Coco, Coir & Coir Products, Young Coconut (chips/meat, dried, sliced), and Coco Vinegar had export revenue ranging USD107,000-582,000.  Details to follow in next week’s UWB.