The Philippines remains the dominant exporter of crude coconut oil, although its share decreased by 0.96% in 2023. Indonesia is the second-largest exporter but saw a decline of 4.07% in the same year. Notable growth was observed in Slovenia with a 100.8% increase and in India with a 76.12% rise. Smaller exporters like China, Botswana, and Russia also experienced significant percentage increases, showcasing emerging players in the market.
Future trends to watch include the potential for continued growth in non-traditional markets, driven by increased demand and diversification in supply chains. Monitoring the geopolitical impacts on trade agreements and environmental regulations will also be key in shaping export dynamics in the years to come.
Top countries in Export of Crude Coconut (Copra) Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 58.93 | 2023 | -0.47% | -0.96% | View data |
| 2 | 2 Indonesia | 27.7 | 2023 | -2.41% | -4.07% | View data |
| 3 | 3 Malaysia | 1.55 | 2023 | -9.66% | -11.15% | View data |
| 4 | 4 Solomon Islands | 0.74 | 2023 | +5.98% | +6.01% | View data |
| 5 | 5 Ivory Coast | 0.74 | 2023 | +0.017% | +0.19% | View data |
| 6 | 6 Netherlands | 0.74 | 2023 | -11.27% | +6.31% | View data |
| 7 | 7 United States | 0.59 | 2023 | -8.21% | +18.47% | View data |
| 8 | 8 Slovenia | 0.56 | 2023 | +4.84% | +100.8% | View data |
| 9 | 9 Germany | 0.49 | 2023 | +3.88% | +4.06% | View data |
| 10 | 10 Canada | 0.22 | 2023 | +5.08% | +9.46% | View data |
