
Coconut Export Trade: Top 10 Countries Dominating The Market
Key Highlights:
-
A comprehensive overview of the top 10 coconut export countries across the globe for 2024-25.
-
Global coconut exports accounted for $22,430,196,482.59 in 2024-25.
-
The top 3 buyers for global coconut exports in 2024-25 are Vietnam, USA and China.
Imagine this: You’re off the coast of a sunny beach in the Philippines, sipping fresh coconut water and nibbling on tender coconut flesh. Coconuts - a versatile ingredient that is quite the staple across the globe, especially in Indian households. From curries and dairy products to oils, coconuts are a pivotal aspect of daily life. But, if you look closer, you’d be surprised to find that coconuts are indeed a major import-export commodity across the globe. Curious to know who are the top nations fueling the multi-billion dollar coconut export market? Read on to find out.
Top 10 Coconut Exporting Countries
With the global coconut exports valued at $22,430,196,482.59 for 2024-25, it’s important to understand who’s dominating the market. Here’s a closer look at the top 10 countries for global coconut exports.
Country |
Market Share (In %) |
Vietnam |
81.72 |
Indonesia |
5.92 |
Cote D’ Ivoire |
4.57 |
India |
2.15 |
Tanzania |
1.84 |
Nigeria |
1.53 |
Philippines |
1.10 |
Ghana |
0.70 |
Sri Lanka |
0.36 |
Peru |
0.11 |
Topping the list of the top 10 countries for global coconut exports is Vietnam. As a Southeast Asian nation often regarded for its stunning landscapes and rich history & culture, the country is also famous for its coconut production. Accounting for 81.72% of global coconut exports in 2024-25, Vietnam is majorly known for its dwarf variety. In fact, these are smaller than traditional coconut varieties and easy to maintain and grow, making them an ideal fit for large-scale cultivation.
Following right behind is Indonesia. When speaking about this nation and its stance on global coconut exports, the country needs no introduction. As a tropical island nation, the country’s fertile soil makes it an ideal environment to produce coconuts.
What separates this nation from other global coconut export businesses is that the country exports a vast range of coconut products, including fresh coconut, desiccated coconut, activated carbon, coir fibre, and coconut oil. Whoa! That’s quite the massive list. No wonder the globe loves Indonesian coconuts! Not to mention, Indonesia accounted for 5.92% of global coconut exports.
Moving down the list of key destinations for global coconut exports is Cote D’Ivore. As a West African nation, the country is characterised by its French colonial history and coastal rainforests. Even though it’s a tiny nation on the giant African continent, the nation has a growing coconut exports sector, with exports accounting for 4.57% in 2024-25. Plus, the nation’s government has invested significantly in diversifying coconut agriculture, especially with new, strategic schemes for coconut farmers.
In addition, its coconut export portfolio spans copra, coconut oil, fresh coconut water, and coconut for cosmetics.
Holding a solid position as the 4th biggest nation exporting coconuts is India. Did you know that India is a popular producer of coconuts, and they’re quite versatile as well? In other words, coconuts are not just used in chutneys and curries; they’re also quite the favourite in food, pharmaceuticals, and cosmetics. And its 2.15% share in global coconut exports is a testament to that.
While the aforementioned nations are the leading players, there are a few more who are just emerging into the market but are giving an equal fight when it comes to global coconut exports.
In A Nutshell
All in all, it’s quite clear that irrespective of where you are around the world, the globe wants coconuts. From desiccated coconut to fresh dwarf coconuts, each country brings its unique personality to the table of global coconut exports. Want to know more about the top 10 countries for global coconut exports, including where they export to, their top companies, and more? Book a demo with Ex-Im today!
Frequently Asked Questions (FAQs)
1. Who is the largest exporter of coconuts?
According to import-export data, the largest exporter of coconuts for 2024-25 is Vietnam, followed closely by Indonesia.
2. Is coconut export profitable?
Absolutely! In fact, many coconut export businesses witness higher profit margins due to the increased global demand and other value-added opportunities, making it a lucrative choice.
3. Which country is in demand for coco peat export?
Based on global trade data, the countries that have a high demand for coco peat are the USA, the Netherlands, China, and South Korea.