12-Sep-2024
Key Highlights
Coconuts play a significant role in Indian culture. It is a strong representation of purity, procreation, and divine favour. It is also utilized in many other industries, such as agriculture, pharmaceuticals, and food and cosmetics. Are you aware that India ranks third globally regarding coconut production and exports? It generates about 21,500 million metric tons of coconuts annually.
In this blog, we will explore the dynamics of India's fresh coconut exports, covering market trends, challenges, and potential future growth. Additionally, it provides crucial insights like coconut export statistics, a list of Indian coconut exporters, the coconut HS code, and trends in the coconut industry.
At a CAGR of 7.05%, the global coconut market, valued at US$ 12.03 billion in 2023, is projected to reach US$ 19.38 billion by 2030.
Indian coconut market: The market for coconut products in India was estimated to be worth USD 0.85 billion in 2022 and is projected to grow to USD 1.9 billion by 2030, with a CAGR of 10.9% between 2023 and 2030.
India is the world's largest producer of coconuts, with 19,310 million nuts produced in 2022–2023, contributing roughly 31.45% of the global total. Approximately INR 30,795.6 crore (US$ 3.72 billion) was produced in coconuts overall. More than 12 million people in India receive direct and indirect employment from it.
Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh account for 89.13% of the country's coconut area and 90.77% of its coconut production in 2021–2022, making them the primary locations for coconut production in India. Other coconut-producing states are West Bengal, Orissa, Maharashtra, Gujarat, Assam, and Bihar.
First, let us examine the table with the coconut export data or the data on coconut exports from India!
India's exports of coconut products were valued at Rs. 3,555 crore (US$427.3 million) in 2022-2023, a 9.8% increase from 2021-2022.
India's top sixty-three exporting ports handle the trade of coconuts and related goods to international markets.
However, statistics on coconut exports from India show that 450 Indian exporters shipped 6.2k coconuts to 838 buyers.
In addition to fresh, semi-husked, and mature coconuts, India is a major exporter of a wide range of coconut products, including virgin coconut oil, coconut chips, coconut milk, coconut sugar, coconut water, tender coconut water, coconut honey, and coconut jaggery.
India exports the following three product categories of coconuts:
The main overseas markets for Indian coconut exports will now be discussed!
India exports coconuts to over 140 nations worldwide. India's top export destinations for coconuts are
66% of India's exports are accounted for by these 5 nations combined. Vietnam holds a significant market share of 25% in India's coconut exports, with the UAE and Bangladesh following closely behind with 14% and 12% of the total, respectively.
India is ranked 3rd in the world, and its nearest rivals in terms of total shipments are as follows: These are the top coconut exporting countries.
|
S.No. |
Top 10 Coconut Exporting Countries |
Export Value in (%) |
|
1 |
Philippines |
20% |
|
2 |
Indonesia |
18% |
|
3 |
India |
15% |
|
4 |
Vietnam |
3% |
|
5 |
Brazil |
12% |
|
6 |
Sri Lanka |
8% |
|
7 |
Papua New Guinea |
4% |
|
8 |
Mexico |
5% |
|
9 |
Thailand |
2% |
|
10 |
Dominican Republic |
4% |
Thus, these are the biggest coconut exporters in the world or the top 10 coconut exporting countries. Additionally, if you need the most recent information on fresh coconut exports from India or coconut export data, visit the Exportimportdata.in platform to get the coconut HS code, coconut exporter details, or coconut export data as soon as possible.
Here is the list of the top coconut exporters in India:
So, these are major coconut exporters in India. Among them, AKM Traders Arecanut Dealer accounts for 7% of the total with 5 shipments, making it the top Indian coconut exporter. Visit our well-known dashboard, Exportimportdata.in, to obtain coconut export data and learn more about Indian coconut exporters.
To effectively and efficiently export coconuts from India, the following 4 key strategies must be implemented:
A well-thought-out plan is necessary for the export of coconuts from India. The first step is to make sure there is a market for your product in the foreign market you are entering. Nonetheless, coconut export data can help traders ascertain the demand for particular goods on a regional basis.
The coconut export data shows a list of reliable suppliers and buyers. It includes a list of every buyer's contact details and trade background. Visit ExportimportData to find coconut exporters from India or importers from around the world. For hassle-free access to India coconut export data, connect with us by clicking here.
In order to maximize their profit margin by selling coconuts on the global market, Indian exporters of coconut must source coconuts at the lowest possible price. Furthermore, the international shipment values of the top coconut importers can be determined with the help of coconut export data. Eventually, it facilitates better negotiating and allows you to exchange your goods for a higher price.
The coconut export data shows a list of reliable suppliers and buyers. It includes a list of every buyer's contact details and trade background. Go to Exportimportdata to find coconut exporters from India or coconut exporters in India. For hassle-free access to India coconut export data, gain a coconut HS code and connect with us by clicking here.
It is advised that a professional export agent or shipping company handle every step of the process, including making sure all legal requirements are met, to manage the difficulties involved in exporting coconuts from India. It would help if you contacted an Indian database of coconut exporters. One of the best sources of import-export data is Exportimportdata.in.
Finally, there are many chances to export coconuts in order to satisfy the growing demand for this tropical crop worldwide. Prospective exporters can make a successful niche for themselves in the growing coconut market by carefully adhering to the suggested procedures and making use of essential resources like Exportimportdata.in.
With Exportimportdata.in, you can expand your business in the global trading arena and gain a comprehensive understanding of the current market, trends, and insights, regardless of whether you are looking for the most recent coconut exports from India, coconut exporters in India, or the coconut HS code. Set up your free live demo right now!
Also Read: Fruit Import Export Business From India: A Successful Venture
coconut exports from India to Vietnam
coconut exports from India to UAE
coconut exports from India to Bangladesh
coconut HS code: 08011910 coconut HS code: 08011920
coconut exporters in the Philippines
coconut exporters in Indonesia
coconut oil export from India to the USA
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
Yes, we can export coconut from India. Even India is the 3rd largest coconut exporter in the world. In 2022–23, India's exports of coconut products were valued at Rs. 3,555 crore (US$427.3 million).
AKM Traders Arecanut Dealer, Gangai Exports, Vijayadhith Exports, Eswari Exim, Nikosi Exports, and Susmi Exports are the top coconut exporters in India.
As per coconut export data, India's exports of coconut stood at Rs. 3,555 crore (US$427.3 million) in 2022-2023.
Yes, India is the 10th largest coconut oil exporter in the world. In 2022–23, coconut oil exports from India stood at $86.7 million.
The Philippines is the largest coconut exporter in the world, accounting for more than 20% of total coconut exports.
The top export of coconut from India are virgin coconut oil, coconut chips, coconut milk, coconut sugar, coconut water, tender coconut water, coconut honey, and coconut jaggery.
The largest coconut exporters in Kerala that export and supply high-quality coconuts include God Speed Exporters, Manchester Traders, and Xion Importers & Exporters. To know updated coconut exporters in India, coconut export from India to Dubai, or coconut products export from India, connect with Exportimportdata.in.
Coconut falls under the category of HS code 0801. Other popular coconut HS codes include: Coir Bristles Fibre: 53050010 coconuts: desiccated: 08011100 coconuts: fresh: 08011910
