The global export of crude coconut oil is led by the Philippines, accounting for the largest volume of exports, though experiencing a slight decrease, followed by Indonesia and Malaysia, which both showed declines in export volumes. The Solomon Islands and the Netherlands stood out with notable increases. Slovenia exhibited remarkable growth, albeit from a smaller volume base. The United States, India, Mexico, and Poland showed significant growth rates, indicating strong demand or increased export capabilities in these regions. Conversely, countries like the United Kingdom and South Africa reported substantial declines in export volumes.
Future trends to watch include the potential for increased demand driven by health-conscious consumer behavior and the rise of plant-based products. This may lead to shifts in production capabilities, export strategies, and emerging markets, with countries like China poised for exceptionally rapid expansion in export volumes, reflected by their significant growth rate. Additionally, sustainability practices and climate change impacts on coconut production could alter export dynamics moving forward.
Top countries in Export of Crude Coconut (Copra) Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 596,180,000 | 2023 | -0.47% | -0.96% | View data |
| 2 | 2 Indonesia | 280,280,000 | 2023 | -2.41% | -4.07% | View data |
| 3 | 3 Malaysia | 15,704,000 | 2023 | -9.66% | -11.15% | View data |
| 4 | 4 Solomon Islands | 7,511,300 | 2023 | +5.98% | +6.01% | View data |
| 5 | 5 Ivory Coast | 7,498,800 | 2023 | +0.017% | +0.19% | View data |
| 6 | 6 Netherlands | 7,437,500 | 2023 | -11.27% | +6.31% | View data |
| 7 | 7 United States | 5,982,600 | 2023 | -8.21% | +18.47% | View data |
| 8 | 8 Slovenia | 5,628,900 | 2023 | +4.84% | +100.8% | View data |
| 9 | 9 Germany | 4,956,200 | 2023 | +3.88% | +4.06% | View data |
| 10 | 10 Canada | 2,269,500 | 2023 | +5.08% | +9.46% | View data |
