The global coconuts and copra export market in 2023 saw Indonesia leading with a 0.66% increase, reaching 1.39 million metric tons, followed by Thailand and Papua New Guinea, both with significant growth of 3.39%. The Philippines experienced a downturn of -0.61%, alongside Vietnam at -3.87%. Vanuatu, Solomon Islands, and Myanmar demonstrated robust growth rates of 7.42%, 5.92%, and 6.96% respectively. Conversely, Sri Lanka and the Dominican Republic saw declines of -9.94% and -8.49%. Smaller exporters like Ivory Coast and Guyana also faced reductions of -6.12% and -3.58%, while slight increases were observed in nations such as Malaysia, Mexico, and Ghana.
Future trends to watch include potential market shifts as emerging exporters like Myanmar and Vanuatu continue to grow. Additionally, varying climate conditions and geopolitical factors may impact production and export capacities of leading countries. Watching advancements in agricultural technology and sustainability practices in major exporting countries may also provide insights into future volume trends.
Top countries in Coconuts and Copra Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,390 | 2023 | +1.17% | +0.66% | View data |
| 2 | 2 Philippines | 737 | 2023 | -1.07% | -0.61% | View data |
| 3 | 3 Thailand | 631 | 2023 | +5.34% | +3.39% | View data |
| 4 | 4 Papua New Guinea | 430 | 2023 | +3.12% | +3.39% | View data |
| 5 | 5 Vietnam | 252 | 2023 | +0.8% | -3.87% | View data |
| 6 | 6 Vanuatu | 103 | 2023 | +4.04% | +7.42% | View data |
| 7 | 7 India | 92 | 2023 | -3.16% | +2.58% | View data |
| 8 | 8 Malaysia | 79 | 2023 | -2.47% | +1.04% | View data |
| 9 | 9 Sri Lanka | 77 | 2023 | -14.44% | -9.94% | View data |
| 10 | 10 Dominican Republic | 77 | 2023 | -7.23% | -8.49% | View data |
