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Exploring the Dynamics of Coconut Export from India

Exploring the Dynamics of Coconut Export from India

Coconut is extremely popular in India. India is known as one of the world's leading producers of coconuts. Also, Coconut products are used in a variety of industries, including food and cosmetics, pharmaceuticals, and agriculture.

 Annually, India produces approximately 21,500 million tonnes of coconut. Did you know? Coconut is a major export from India. The states of Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh are important coconut exporters. Coconut exports from India have expanded due to global demand for coconuts.

Let's look at the dynamics of fresh coconut exports from India, including trends, difficulties, and future opportunities.  Also, gives critical insights such as coconut export data, coconut exporters in India, coconut exporters data, coconut HS code, and other significant information.

Coconut production in India 2023

In fiscal year 2023, the volume of coconut produced in India was 13.5 million metric tonnes. This was a rise from the prior fiscal year. India ranked third among the world's coconut-producing nations.

According to global trade data, India produced 31.45% of the world's coconuts, or approximately 19,247 million. This demonstrates that India may become a big player in coconut exports.

 

 

Coconut Industry in India: Explore Trade Dynamics


Is coconut exporting profitable?

Yes, the Coconut export industry can be successful, particularly for enterprises in India, which is a largest exporter of coconuts. A coconut business's profitability is determined by a number of criteria, including its type, size, and location. 

Notably, India's coconut product exports totaled $391.64 million in 2021-2022, a significant 40.9% increase from previous years. 

How much coconut is exported from India?

India is a major supplier of coconuts and related items around the world. Between 2015-16 and 2021-22, overall coconut exports from India increased at a CAGR of 13%. During 2021-22, India's coconut exports exceeded Rs. 3,236.83 crore (US$ 393 million), a 41% increase over the previous year. 

Despite a decline in prices, India's coconut product exports have expanded rapidly this year. According to statistics, the government exported coconut products worth Rs 3554.23 crore during the fiscal year 2022-23.

Let’s first analyze the table for Coconut export data or coconut export data from India!

Coconut Export Data
Details
Total Shipments 6.2K
Rank (Global) 1st
Coconut Exporters in India 838
Number of Indian Buyers 450
coconut hs code 53050040, 681520, 530500


According to coconut export data from India, coconut exports from India totaled 6.2K, shipped by 450 Indian exporters to 838 buyers.

India exports the majority of its coconut to China, the United Arab Emirates, and Qatar, and it is the world's largest coconut exporter.

The top three coconut exporters are India (6,233 shipments), Thailand (5,193), and Singapore (2,003 shipments).

The top three product categories for coconut exports from India are 

  • coconut hs code: 53050010, 
  • coconut hs code: 08011100, 
  • coconut hs code: 08011910.


Top 10 coconut exporting countries

India ranks first globally, with the following as its closest competitors in terms of total shipments: Here are the two major coconut exporting countries.

S.No
Coconut Exporting countries Percentage (%)
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


So, these are the top coconut exporting countries Also, if you require up-to-date statistics on fresh coconut exports from India or Coconut export data, connect with the Seair Exim Solutions platform and receive the most recent coconut export data from India, coconut hs code or coconut exporters details without delay.

Also Read The Rise of Raw Banana Powder Exports: Global Market Statistics


How to start a coconut export business?

To start a coconut export business in India, you need to obtain some significant documents first. Some of them are:

  • Consular invoice
  • Bill of lading
  • Commercial invoice
  • Certificate of origin
  • Dock receipt and warehouse receipt
  • Inspection certification
  • Destination control statement
  • Export license
  • Insurance certificate
  • Export packing list

If you want to export coconuts, you have several options:

  1. Do market research: Before making any decisions, you must first understand the target market, its potential, market rivals, and the need for coconut products. Choose Seair Exim Solutions and obtain the list of fresh coconut exports from India and the updated coconut export data and accurate coconut exporters in India. This will help you to explore the buyers and suppliers of coconut easily. 
     
  2. Fulfill the legal procedures: It includes registering your company with the Ministry of Corporate Affairs (MCA), receiving an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT), then register with the Coconut Development Board (CDB).
     
  3. Find a buyer - Once you've decided to export coconut from India, you'll need to find a customer in the importing country. You can contact potential buyers through  platforms such as Seair Exim Solutions.

To guarantee that your coconuts arrive safely, look for a forwarder who provides prompt, accurate pricing and excellent service. Reputation and reliability: Choose a forwarder with a solid reputation for favorable client feedback, which demonstrates their dependability and integrity in the business. So, these vital steps for coconut exports from India provide an opportunity to the traders to look into the global coconut market.

Also Read How to Start Fruit Export Business From India?


How to find coconut importers?

To grow your coconut export business, locate and target overseas buyers. Visit Seair Exim Solutions' data-driven dashboard to get coconut buyer data or coconut export data. 

Finally, exporting coconuts provides significant chances to meet the growing global demand for this tropical crop. Potential exporters can carve out a profitable niche in the growing coconut industry by carefully following the methods indicated and utilizing critical resources such as Seair Exim Solutions.

Whether you require up-to-date coconut exports from India, coconut exporters in India, coconut exporters, coconut export data from India, or the coconut hs code, Seair Exim Solutions can help you grasp the current market, trends, and insights, as well as grow your business in the global trading arena. Schedule your free live demo today!


Frequently Asked Questions


Q1. Which state is the highest producer of coconut?

Karnataka has the greatest coconut production in India. According to 2020-21 figures, Karnataka generates approximately 30.83% of the country's total coconut output.

Q2. What is the price of coconut export in India?

The price of coconut export in India varies with various segments and market fluctuations. To know the updated coconut price for exports, we recommend you to visit Seair Exim Solutions and explore insights like coconut export data and much more.

Q3. How to export coconut from India?

The following are some crucial documents needed to start a coconut export business from India:

Consular invoice.

  • Bill of Lading.
  • Commercial invoice.
  • Certificate of Origin.
  • Dock receipts and warehouse receipts.
  • Inspection certification.
  • Control statement for the destination.
  • A licence for export.

To start a coconut export business from India, we recommend you gather the list of coconut exports from India, coconut exporters data, and much more.

Q4. Who is the largest exporter of coconut products?

As per coconut export data, the Philippines is the world's largest coconut exporter, accounting for more than 20% of all coconut exports.

Q5.Is coconut export profitable?

Yes, the coconut export industry can be profitable, especially for enterprises in India, the world's largest coconut exporter. A coconut business's profitability is impacted by several factors, including its type, size, and location. 

 

  • Seair Exim
  • 15-Apr-2024

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