INTRODUCTION

India is an agriculture-based economy, more than 50% of the population depends on it. The main
source of revenue is structured in this way. It is because of this increased involvement of agribusiness
in India's national income that it is believed that Indian agriculture is the country's economic
foundation.

The Product we taken is Coconut, HS code is 080119. India is one of the main producers of coconut,
especially in South India. The name of one of the South Indian states, Kerala, comes from coconut
(Kera means coconut in Malayalam language).

India is one of the top exporters of coconuts, accounting for around 34% of global output in the years
2020–21. The crop provides around Rs. 307,498,000,000 (US$3.88 billion) to the nation's GDP
(GDP). For more than 12 million people in India, the coconut palm offers prospects for both food
security and a living. Additionally, it is a crop that produces fibre for more than 15,000 coir-based
businesses, which employ close to 6 lakh people. One of the highest in the world, the national coconut
productivity for 2020–21 was 9,687 nuts per hectare. The nation's traditional coconut-based
operations include the processing of copra, the extraction of coconut oil, and the production of coir.
Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh account for the majority of India's coconut
output, which comprises 90.04% of the nation's production and 89.13% of its land area. Gujarat, West
Bengal, and Orissa are some of the other states in the nation that grow coconuts.

India's Coconut production trend (in million nuts)

23904 23798

22167

21288 21207

20309

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21

India's Coconut production trend (in million nuts)

Source: ibef.org
More than 140 nations throughout the world are recipients of Indian coconut exports. UAE,
Afghanistan, USA and Iran are the top importers of coconut from India. United Arab Emirates (US$
14 million), Afghanistan (US$ 6.5 Million), Malaysia (US$ 4.1 Million), Iran (US$3.4 Million) and
United Kingdom (US$ 2.5 million) would receive the majority (68%) of India's exports of coconuts in
2020–21.

PRODUCTION

In terms of global production, India ranks 2 nd in the world in terms of coconut production worldwide.
In 2020, India produced 14.7 million metric tons of coconuts. Only Indonesia produced more
coconuts, with a production volume of 16.82 million metric tons in the year 2020. Third is
Philippines, they producing around 14.49 million metric tons of coconut in each year. These three
producing 82% of total world coconut.

2018 2019 2020

In terms of Domestic production, Karnataka highest production in terms of coconuts, followed by
Tamil Nadu and Kerala. Andhra Pradesh, West Bengal, Orissa, Maharashtra, Gujrat, Assam and Bihar
make up the top 10 states in terms of production of coconuts. Their total production for the year
2021-22 can be seen in the diagram below.

Source: Trade Map

Cochin sea port handles a majority of the exports of fresh coconuts that takes place from India,
followed by Tuticorin sea port and Bangalore air cargo port.
CONSUMPTION PATTERNS

Domestic

According to ibef.org, production of coconuts in India was valued at $3.88 billion for the year 2020-
21. In the same year, exports of coconuts from India were valued at $58.4 million as per data. That is
only 1.5% of total coconut exporting, remaining all 98.5% consumed domestically. Domestically India
consumes around 9.8 Kgs of coconut per year.

International

In terms of consumption per capita, India ranks 13 th in the world in terms of coconut consumption
per capita. The average Indian consumes around 7kgs of coconuts per year. Sri Lanka has the highest
coconut consumption per capita in the world, with the average Sri Lankan consuming 61.9 kgs of
coconuts per year. On the other end of the spectrum, Bosnia and Herzegovina, Gambia and Tunisia
make up the bottom three countries in terms of consumption of coconut per capita, with each
country averaging 0.010 kgs per capita.

Top Exporting Countries

In the case of coconut export India is 4th in global. Thailand leads the race with 185 million US
dollars in exports, followed by Indonesia with 168 million and Vietnam with 90 million. India's total
coconut exports amount to US$ 51 million. Only these countries have exports of more than 20
million US dollars. Other countries mainly contributing to coconut exports are Sri Lanka, Cote
d'Ivoire, the Netherlands, and Mexico. Thailand, Indonesia, Vietnam, and India contribute 82% of
total coconut exports.

Country Total Coconut Export

(US$ Million)
Thailand 185
Indonesia 168
Vietnam 90
India 51
Cote d’Ivoire 15
Mexico 13
Sri Lanka 12
Netherlands 11
Spain 5.7
Malaysia 5.6
Philippines 5.4
Dominican Republic 4.7
Ghana 3.5
United Kingdom 3
Guyana 2.6
United States 2.4
France 2.3
UAE 2.3
Germany 2.1
Singapore 1.5