Despite India’s merchandise exports showing negative growth, export of coconut and coconut products registered an 8.73-per-cent increase during April-January 2015-16.
The cumulative value of exports, other than coir and coir products, was ₹1,188.27 crore against ₹1,092.90 crore during the corresponding period of 2014-15. The efforts of the Coconut Development Board in promoting entrepreneurs to take up export of coconut and coconut products has also started yielding results, with the RCMC (Registration Cum Membership Certificate) issued to exporters crossing 2,000.
Activated carbon, virgin coconut oil, coconut oil, dry coconut, desiccated coconut, copra, coconut shell charcoal, etc, are the major coconut products exported in the first 10 months.
Activated carbon accounts for 45 per cent of export earnings, with the figure touching 51,644.61 tonnes valued at ₹531.78 crore. Around 32 per cent of activated carbon finds its markets to the European Union, followed by the US.
Export of virgin coconut oil also registered an astonishing growth of 340 per cent during the first half of 2015-16. Around 69 per cent of virgin coconut oil exported to the US and the figure was 6,575.98 tonnes.
Fresh coconut exports during the first ten months of 2015-16 were 31,191.73 tonnes with GCC countries leading the show. Coconut shell products are also gaining popularity in international markets.
Source : Business Line
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