Coconut Oil Price

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Currency

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"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

Rank	Country	Quantity
1	Philippines	1,212,900 t
2	Indonesia	646,000 t
3	India	549,000 t
4	Vietnam	182,000 t
5	Mexico	131,000 t
6	Malaysia	56,100 t
7	Papua New Guinea	43,900 t
8	Sri Lanka	43,475 t
9	Bangladesh	29,300 t
10	Thailand	29,300 t
11	Mozambique	27,100 t
12	Côte d’Ivoire	15,100 t
13	Tanzania	14,500 t
14	Jamaica	13,550 t
15	Brazil	12,403 t
16	Cambodia	10,762 t
17	Venezuela	9,861 t
18	Solomon Islands	8,500 t
19	Dominican Republic	7,300 t
20	Nigeria	7,000 t
21	Pakistan	6,700 t
22	Tonga	6,330 t
23	Ghana	6,000 t
24	Kiribati	5,525 t
25	Guinea-Bissau	5,040 t
26	Fiji	4,753 t
27	Vanuatu	4,642 t
28	Marshall Islands	4,554 t
29	Micronesia (Federated States of)	4,379 t
30	Madagascar	4,321 t
31	French Polynesia	4,240 t
32	Kenya	2,524 t
33	Togo	1,825 t
34	Guinea	1,754 t
35	Ecuador	1,553 t
36	El Salvador	1,401 t
37	Trinidad & Tobago	1,323 t
38	Benin	1,209 t
39	Nepal	763 t
40	Honduras	589 t
41	Cameroon	558 t
42	Saint Kitts and Nevis	545 t
43	Grenada	500 t
44	Guyana	494 t
45	Hong Kong SAR China	312 t
46	Dominica	293 t
47	Saint Lucia	268 t
48	Costa Rica	233 t
49	Samoa	212 t
50	Suriname	134 t

FAOSTAT production data, 2023.

Top Importers

Rank	Country	Quantity
1	United States	415,284 t
2	Netherlands	369,700 t
3	Malaysia	262,028 t
4	Germany	215,204 t
5	China	182,338 t
6	Sri Lanka	95,357 t
7	Spain	91,168 t
8	Italy	89,118 t
9	South Korea	51,289 t
10	Indonesia	50,107 t
11	France	48,566 t
12	Belgium	40,933 t
13	Japan	38,982 t
14	Türkiye	31,124 t
15	Russia	28,594 t
16	Poland	28,076 t
17	Sweden	22,017 t
18	Canada	21,650 t
19	United Kingdom	19,594 t
20	Singapore	18,350 t
21	Greece	13,562 t
22	United Arab Emirates	13,488 t
23	Iran	12,694 t
24	Austria	10,733 t
25	Philippines	10,665 t
26	Australia	10,620 t
27	Switzerland	8,657 t
28	Uzbekistan	8,053 t
29	New Zealand	7,646 t
30	Ukraine	6,360 t
31	Saudi Arabia	6,199 t
32	Taiwan	6,048 t
33	Kuwait	5,165 t
34	Thailand	5,064 t
35	Pakistan	5,005 t
36	Slovenia	4,579 t
37	Ireland	4,550 t
38	Vietnam	4,473 t
39	Iraq	4,472 t
40	Tunisia	4,267 t
41	Egypt	4,033 t
42	Denmark	4,028 t
43	South Africa	3,926 t
44	Hungary	3,861 t
45	Brazil	3,578 t
46	Czechia	3,251 t
47	Algeria	3,100 t
48	Romania	2,698 t
49	Lebanon	2,641 t
50	Trinidad & Tobago	2,244 t

FAOSTAT trade data, 2023.

Top Exporters

Rank	Country	Quantity
1	Indonesia	739,882 t
2	Philippines	549,479 t
3	Netherlands	185,576 t
4	Malaysia	165,973 t
5	Papua New Guinea	31,703 t
6	Spain	29,349 t
7	Germany	27,067 t
8	Italy	22,532 t
9	Sri Lanka	20,878 t
10	United States	19,694 t
11	India	16,201 t
12	Vietnam	14,089 t
13	Türkiye	11,811 t
14	Sweden	6,029 t
15	Solomon Islands	5,971 t
16	Canada	5,537 t
17	France	5,271 t
18	Belgium	4,485 t
19	Greece	4,483 t
20	French Polynesia	3,839 t
21	Côte d’Ivoire	3,344 t
22	Slovenia	2,199 t
23	Singapore	1,975 t
24	Fiji	1,948 t
25	Mozambique	1,387 t
26	Trinidad & Tobago	1,385 t
27	Poland	1,183 t
28	Samoa	1,156 t
29	Kiribati	1,116 t
30	Russia	1,042 t
31	Thailand	1,036 t
32	United Arab Emirates	957 t
33	United Kingdom	898 t
34	Uruguay	733 t
35	Benin	545 t
36	Czechia	516 t
37	Hungary	460 t
38	Lithuania	391 t
39	Georgia	370 t
40	Denmark	321 t
41	Vanuatu	317 t
42	Croatia	271 t
43	Austria	250 t
44	Oman	241 t
45	Australia	222 t
46	South Africa	215 t
47	Bulgaria	207 t
48	New Zealand	202 t
49	Dominican Republic	134 t
50	New Caledonia	126 t

FAOSTAT trade data, 2023.

About Coconut Oil

Vegetable oil pressed from copra (dried coconut), used in food, cosmetics and biodiesel. The Philippines, Indonesia and India are the largest producers. Prices move with the broader vegetable oil complex and with weather across Southeast Asia, the crop's main growing region.

Latest World price (2025-12): +39% vs. the 5-year average, +63% vs. the 10-year average, +18% vs. a year ago.