India driving the Global Coconut Trade - Globeweave Ventures

Coconuts, a highly demanded tropical fruit, have gained huge global popularity due to their diverse use and nutritional content. The demand for coconut and coconut products has surged in recent years, leading to a booming export market.  Below are the leading 10 coconut exporting countries: 1.Philippines: As the world’s largest coconut supplier, the Philippines leads the prime spot in coconut exports. 2.Indonesia: Indonesia, another major coconut supplier, is the second-largest exporter, producing around 20% to the global market. 3.India: India, consisting of its hugely spreaded coconut plantations, ranks third in coconut exports. 4.Vietnam: Vietnam has emerged as a significant player in the coconut export market, capturing around 10% of the global trade and ranks 4th in the coconut international trade. 5.Sri Lanka: Sri Lanka, with its leading rich agricultural legacy , exports a significant quantity of coconuts, contributing approximately 8% to the global market. 6.Papua New Guine...

India is recognized as one of the leading coconut producers, and this country observed a rather stable increase in the export of coconut in the recent years. This trend can be attributed to several factors, including: Rising Global Demand: Coconut oil, copra, coconut water and desiccated coconut are some of the products popularly demanded in the market attributed to perceived health benefits and flexibility in use in cooking. India’s Competitive Advantage: The increased scale of production of coconut in India by domestic farmers has been complimented by the reasonable prices for coconut and its meeting the international quality standards. Key Export Destinations: India’s primary export markets for coconut products include:  United States: Coconut oil and desiccated coconut are among the leading products which the US has been importing from India. European Union: Some of the current big markets for the Indian coconut products include Germany, France and the Netherlands which are mem...