In 2023, China led global coconut and copra imports with 595.0 thousand metric tons, followed by the Philippines, Thailand, and Malaysia. The Philippines saw moderate growth of 2.57%, while Thailand experienced a significant increase of 8.58%. Conversely, Bangladesh and the United States saw declines in imports. Over the last five years, China and Southeast Asian countries have strengthened their import volumes, reflecting growing industrial and consumer demand for these products. Fiji and Iraq showed notable single-year growth in 2023. Meanwhile, smaller markets such as Benin and Mexico saw sharp increases, though their total volumes remain relatively low.
Looking ahead, increasing global demand, especially in Asia, suggests a continued upward trend in coconut and copra imports. However, sustainability concerns and climate change impacts on production could influence supply chains and alter import dynamics, potentially driving countries to diversify sourcing and increase local production. Monitoring geopolitical developments and trade policies in key importing countries will also be crucial for understanding future market shifts.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 595 | 2018 | View data | ||
| 2 | 2 Philippines | 512 | 2023 | +1.99% | +2.57% | View data |
| 3 | 3 Thailand | 335 | 2023 | +4.04% | +8.58% | View data |
| 4 | 4 Malaysia | 317 | 2023 | +1.6% | +1.31% | View data |
| 5 | 5 Bangladesh | 136 | 2023 | +0.74% | -0.44% | View data |
| 6 | 6 United States | 103 | 2023 | 0% | -0.19% | View data |
| 7 | 7 India | 73 | 2023 | +5.8% | +1.43% | View data |
| 8 | 8 Pakistan | 67 | 2023 | -5.63% | -2.74% | View data |
| 9 | 9 Netherlands | 55 | 2023 | +1.85% | +1.52% | View data |
| 10 | 10 United Arab Emirates | 52 | 2023 | 0% | +0.39% | View data |
