HS Code:
Coconut meat, classified under HS Code 0801.11 (desiccated) and 0801.19 (other forms), refers to the edible white flesh of the coconut, often processed into desiccated coconut, coconut flakes, or used fresh. It is a key ingredient in food industries worldwide, used in confectionery, baking, and cooking. Coconut meat is primarily produced in tropical regions and is a significant export commodity for countries with abundant coconut plantations. The global trade of coconut meat is influenced by demand for natural and organic food products, as well as supply chain dynamics in producing regions.
Total Trade Volume
1.2 million metric tons
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
450,000 metric tons
37.5% of total trade of total trade
Increasing
300,000 metric tons
25.0% of total trade of total trade
Increasing
150,000 metric tons
12.5% of total trade of total trade
Stable
100,000 metric tons
8.3% of total trade of total trade
Increasing
80,000 metric tons
6.7% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (applied by certain Middle Eastern countries)
Lowest Rate
0% (under free trade agreements like ASEAN)
Rising demand for organic coconut meat
Increased export opportunities for certified organic producers, particularly in the EU and US markets
2021-2022
Growth in plant-based food products
Higher demand for coconut meat as a dairy alternative in vegan recipes and products
2020-2022
Supply chain disruptions due to climate change
Erratic weather patterns in tropical regions have led to inconsistent supply and price volatility
2019-2022
The Philippine government has introduced new subsidies and training programs to help coconut farmers achieve organic certification, aiming to boost exports to premium markets like the EU and US.
June 2023
Expected to increase the countryโs share in the organic coconut meat market by 10% over the next two years.
The European Union has imposed stricter limits on aflatoxin levels in imported coconut products, requiring enhanced testing and documentation from exporters.
March 2023
Potential delays and increased costs for exporters from developing countries; may reduce trade volumes to the EU if compliance is not met.
Indonesia has allocated funds to build new coconut processing plants to increase the production capacity of desiccated coconut and other value-added products.
September 2022
Likely to strengthen Indonesiaโs position as a leading exporter, potentially challenging the Philippinesโ dominance.