Coconut is one of the most important fruits worldwide, not only for its nutritional value but also as a key ingredient in various coconut-based products such as coconut oil, coconut water, desiccated coconut, and more. Over recent years, the global coconut export market has seen significant growth, with Southeast Asian countries playing a dominant role. Below is a look at the Top 10 Coconut Exporting Countries in 2024.
1. Philippines – The Leading Exporter
The Philippines remains the number one exporter of coconuts globally, accounting for around 20% of the total coconut export volume. The country exports a wide range of coconut products, including coconut water, desiccated coconut, coconut oil, and copra. With its vast coconut plantations and advanced processing facilities, the Philippines continues to meet the increasing global demand for high-quality coconut products.
2. Indonesia – The Strong Competitor
Indonesia holds the second position in the global coconut export market, contributing approximately 15% to the worldwide coconut exports. Known for its vast coconut-producing regions, Indonesia exports coconut products like coconut water, coconut milk, and coconut oil to markets across Asia, Europe, and North America. Indonesian coconuts are particularly valued for their high oil content and natural sweetness.
3. India – Consistent Growth
India ranks third in the list of coconut exporters, contributing more than 10% of the global coconut export volume. Indian coconuts, especially coconut oil and dried coconut products, have gained popularity internationally. India’s coconut farming industry has seen steady growth, with large plantations across regions like Kerala and Tamil Nadu.
4. Vietnam – Rising Star in Coconut Exports
Vietnam is becoming one of the fastest-growing coconut exporters, particularly in the fresh coconut and coconut water segments. With ideal growing conditions in the Mekong Delta region, Vietnam produces a wide range of coconut products, including coconut water, fresh coconuts, and coconut milk. The country’s proximity to major export markets like China and the Middle East has further boosted its position in the global coconut market.
5. Thailand – Quality Coconut Products
Thailand ranks fifth among the world’s top coconut exporters. Known for its high-quality coconut products, Thailand primarily exports coconut milk, coconut water, and desiccated coconut. Thai coconuts are in high demand in global markets due to their superior quality and taste.
6. Brazil – Expanding Export Markets
Brazil is steadily growing as a coconut exporter, with a focus on coconut water and coconut oil. As one of the largest producers of coconuts in South America, Brazil exports its products primarily to the United States and Europe. The country's growing emphasis on organic coconut farming has helped it gain a foothold in the global market.
7. Sri Lanka – Known for Quality Coconut Oil
Sri Lanka is well-known for its production of high-quality coconut oil, which is in demand worldwide. With a rich history of coconut farming, Sri Lanka exports a variety of coconut-based products, including coconut oil, desiccated coconut, and coconut water, to major international markets.
8. Mexico – A Growing Coconut Exporter
Mexico has become a significant player in the global coconut export market, particularly for coconut water and coconut milk. The country’s warm tropical climate allows for year-round coconut production, making it a reliable source of high-quality coconut products for international buyers.
9. Papua New Guinea – Emerging Market
Papua New Guinea has been increasing its share in the global coconut export market, particularly in the coconut oil segment. With a focus on sustainable and organic farming practices, Papua New Guinea is gaining recognition for its high-quality coconuts and is expected to grow its market share in the coming years.
10. Côte d'Ivoire (Ivory Coast) – Expanding Coconut Exports
Côte d'Ivoire is gradually becoming an important exporter of coconuts in Africa. The country primarily exports coconut oil and other coconut-based products to Europe and other parts of the world. With growing investments in coconut farming and processing, Côte d'Ivoire is poised to become a key player in the global coconut export market.
Conclusion
The global coconut export market continues to expand, driven by rising consumer demand for coconut-based products. Countries like the Philippines, Indonesia, India, and Vietnam dominate the export landscape, with new players like Brazil, Papua New Guinea, and Côte d'Ivoire also making their mark. As global demand for natural, healthy products like coconut water and coconut oil grows, these countries are well-positioned to meet the needs of international markets in 2024 and beyond.
