Report – Export of Coconut and Coconut Products Touched a Peak of Rs 1450 Crore in 2016
If a report by the Coconut Development Board published on Economic times is anything to go by, the exports of Desiccated coconut have gone up by 63%; the increase was calculated to be 23% in the case of coconut oil over the previous year. The recent years have witnessed remarkable growth in the export of coconut and coconut-based products. The overall value and volume in the export of desiccated oil and coconut oil and activated carbon have touched a new high than the previous years. However, activated carbon export figures hovered around 13 per cent, which is considered below par. In 2015, shortage of coconuts had affected the exports of activated carbon badly. The industry report also shows that the export of virgin coconut oil faced decline as the growth…