In 2023, India led as the top exporter of copra with a value of 16.83 million USD, followed by Solomon Islands and Indonesia, with values of 11.13 and 10.56 million USD respectively. Significant export figures can be seen for Egypt and Sri Lanka, while markets like the United States and the United Kingdom showed minimal activity.
Year-on-year growth highlights notable increases for India and the Solomon Islands, while Indonesia's position has remained stable. The compounded annual growth rate (CAGR) over the last five years showed a robust expansion, particularly in the top exporting countries, indicating strong market dynamics.
Future trends to watch include potential shifts in market dynamics due to climate change affecting copra production, technological advancements in processing, and changes in international trade policies. Additionally, emerging markets may influence the global copra landscape, offering new opportunities or presenting new challenges.
Top countries in Top Exporters of Copra
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 India | 16.83 | 2016 | |
| 2 | 2 Solomon Islands | 11.13 | 2016 | |
| 3 | 3 Indonesia | 10.56 | 2016 | |
| 4 | 4 Egypt | 8.31 | 2016 | |
| 5 | 5 Sri Lanka | 1.72 | 2016 | |
| 6 | 6 United Arab Emirates | 0.47 | 2016 | |
| 7 | 7 Samoa | 0.37 | 2016 | |
| 8 | 8 United States | 0.08 | 2016 | |
| 9 | 9 Philippines | 0.07 | 2016 | |
| 10 | 10 United Kingdom | 0.06 | 2016 |
