What is the industry that produce coconut
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World-Leading Coconut Producers
Brazil was the top coconut producing country until 2010, but now three Asian producers have bettered it to take away its crown. Currently, 90% of global supply comes from Asia where it is a vital source of income for many countries. Coconut exports make up 50% of Vanuatu’s national income and 1.5 % of the Philippines’. The Solomon Islands and Samoa export mainly oil and copra, while India, The Philippines, and Sri Lanka concentrate on disseminating desiccated coconut products, and have dominated that market for over a century. The Philippines exports more than $1 billion worth of coconuts to the United States alone. Nonetheless, growth in the trade between them still lags 8% behind growth in demand.
Brazil was the top coconut producing country until 2010, but now three Asian producers have bettered it to take away its crown. Currently, 90% of global supply comes from Asia where it is a vital source of income for many countries. Coconut exports make up 50% of Vanuatu’s national income and 1.5 % of the Philippines’. The Solomon Islands and Samoa export mainly oil and copra, while India, The Philippines, and Sri Lanka concentrate on disseminating desiccated coconut products, and have dominated that market for over a century. The Philippines exports more than $1 billion worth of coconuts to the United States alone. Nonetheless, growth in the trade between them still lags 8% behind growth in demand.
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Copra processing, coconut oil extraction and coir manufacturing are the tradi- tional coconut based industries in the country.
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