Coconut oil production by country
World production of coconut oil reached 3.1 million t in 2023, down 13% over ten years. The largest producers were Philippines (38.8%), Indonesia (20.7%), India (17.6%), together 77% of the world total.
- World production, 2023
- 3.1 million t
- 10-year change
- −13%
- Producing countries
- 64
- Largest producer
- Philippines
World production, 1961–2023 (tonnes)
Map of coconut oil production, 2023
Share of the world total. Small island states are not drawn at this scale.
Producers ranked, 2023
| # | Country | Tonnes | Share | 10-year change |
|---|---|---|---|---|
| 1 | Philippines X | 1,212,900 | 38.8% | −19% |
| 2 | Indonesia | 646,000 | 20.7% | −30% |
| 3 | India | 549,000 | 17.6% | +3.6% |
| 4 | Vietnam X | 182,000 | 5.83% | +32% |
| 5 | Mexico X | 131,000 | 4.20% | +1.5% |
| 6 | Malaysia X | 56,100 | 1.80% | +6.0% |
| 7 | Papua New Guinea X | 43,900 | 1.41% | +21% |
| 8 | Sri Lanka | 43,475 | 1.39% | −3.8% |
| 9 | Bangladesh X | 29,300 | 0.94% | +60% |
| 10 | Thailand X | 29,300 | 0.94% | 0.0% |
| 11 | Mozambique X | 27,100 | 0.87% | +47% |
| 12 | Côte d'Ivoire X | 15,100 | 0.48% | −14% |
| 13 | Tanzania X | 14,500 | 0.46% | +9.8% |
| 14 | Jamaica I | 13,550 | 0.43% | +74% |
| 15 | Brazil | 12,403 | 0.40% | +520% |
| 16 | Cambodia I | 10,762 | 0.34% | −0.0% |
| 17 | Venezuela | 9,861 | 0.32% | −4.9% |
| 18 | Solomon Islands E | 8,500 | 0.27% | +113% |
| 19 | Dominican Republic X | 7,300 | 0.23% | 0.0% |
| 20 | Nigeria X | 7,000 | 0.22% | −31% |
| 21 | Pakistan X | 6,700 | 0.21% | +26% |
| 22 | Tonga I | 6,330 | 0.20% | +1.3% |
| 23 | Ghana X | 6,000 | 0.19% | −30% |
| 24 | Kiribati X | 5,525 | 0.18% | +5.6% |
| 25 | Guinea-Bissau I | 5,040 | 0.16% | −15% |
| 26 | Fiji | 4,753 | 0.15% | −9.0% |
| 27 | Vanuatu I | 4,642 | 0.15% | −49% |
| 28 | Marshall Islands X | 4,554 | 0.15% | — |
| 29 | Micronesia X | 4,379 | 0.14% | +46% |
| 30 | Madagascar I | 4,321 | 0.14% | −34% |
| 31 | French Polynesia | 4,240 | 0.14% | −30% |
| 32 | Kenya I | 2,524 | 0.08% | −24% |
| 33 | Togo I | 1,825 | 0.06% | +18% |
| 34 | Guinea I | 1,754 | 0.06% | +32% |
| 35 | Ecuador I | 1,553 | 0.05% | −16% |
| 36 | El Salvador I | 1,401 | 0.04% | +29% |
| 37 | Trinidad and Tobago I | 1,323 | 0.04% | −13% |
| 38 | Benin I | 1,209 | 0.04% | −19% |
| 39 | Nepal I | 763 | 0.02% | — |
| 40 | Honduras I | 589 | 0.02% | −8.0% |
| 41 | Cameroon I | 558 | 0.02% | −7.0% |
| 42 | Saint Kitts and Nevis I | 545 | 0.02% | +55% |
| 43 | Grenada I | 500 | 0.02% | +30% |
| 44 | Guyana I | 494 | 0.02% | −55% |
| 45 | Hong Kong I | 312 | 0.01% | −28% |
| 46 | Dominica I | 293 | 0.01% | −42% |
| 47 | Saint Lucia I | 268 | 0.01% | −45% |
| 48 | Costa Rica I | 233 | 0.01% | −8.3% |
| 49 | Samoa X | 212 | 0.01% | −96% |
| 50 | Suriname I | 134 | 0.00% | −88% |
| 51 | Panama I | 113 | 0.00% | +465% |
| 52 | Saint Vincent and the Grenadines I | 113 | 0.00% | −62% |
| 53 | Timor-Leste X | 86 | 0.00% | — |
| 54 | New Caledonia I | 63 | 0.00% | −48% |
| 55 | Nauru I | 61 | 0.00% | — |
| 56 | South Korea I | 51 | 0.00% | −93% |
| 57 | Nicaragua I | 32 | 0.00% | −47% |
| 58 | Sao Tome and Principe I | 21 | 0.00% | −99% |
| 59 | Colombia | 20 | 0.00% | −78% |
| 60 | Tuvalu E | 20 | 0.00% | 0.0% |
| 61 | Seychelles I | 16 | 0.00% | +220% |
| 62 | Maldives I | 9 | 0.00% | +13% |
| 63 | Cuba I | 8 | 0.00% | −62% |
| 64 | Mauritius I | 8 | 0.00% | −85% |
E = estimated by FAO, I = imputed by FAO, X = from an external organisation; other figures are official.
How concentrated is production?
The largest producer, Philippines, accounts for 38.8% of the world total in 2023; the five largest for 87.1% and the ten largest for 93.6%.
| Year | Top 5 share | Top 10 share | Countries with data |
|---|---|---|---|
| 2000 | 83.6% | 91.3% | 74 |
| 2005 | 86.2% | 92.8% | 68 |
| 2010 | 88.8% | 94.8% | 63 |
| 2015 | 88.0% | 94.1% | 61 |
| 2020 | 86.3% | 92.9% | 64 |
| 2023 | 87.1% | 93.6% | 64 |
By continent, 2023
| Continent | Production | Share of world | Share in 2013 | 10-year change | Countries |
|---|---|---|---|---|---|
| Asia | 2.8 million t | 88.6% | 90.6% | −15% | 15 |
| North and Central America | 157,268 t | 5.0% | 4.2% | +5.0% | 15 |
| Oceania | 87,179 t | 2.8% | 2.2% | +8.5% | 13 |
| Africa | 86,976 t | 2.8% | 2.5% | −4.0% | 15 |
| South America | 24,465 t | 0.8% | 0.5% | +48% | 6 |
Sums of country figures; the world total also includes countries without a continent assignment, so shares may not add up to 100%.
Fastest growing and declining producers, 2013–2023
Countries with at least 0.5% of world production in 2023, change over ten years.
Growing
| Bangladesh | 29,300 t | +60% |
| Mozambique | 27,100 t | +47% |
| Vietnam | 182,000 t | +32% |
| Papua New Guinea | 43,900 t | +21% |
| Malaysia | 56,100 t | +6.0% |
Declining
| Indonesia | 646,000 t | −30% |
| Philippines | 1.2 million t | −19% |
| Sri Lanka | 43,475 t | −3.8% |
Long-term trend, 1961–2023
- Average growth per year, 1961–2023
- +1.1%
- Average growth per year, last 10 years
- −1.4%
- Record year
- 2001 3.7 million t
- Largest yearly fall
- 1999 −22%
| Decade | Average per year | vs previous decade |
|---|---|---|
| 1960s (1961–1969) | 1.9 million t | — |
| 1970s | 2.5 million t | +33% |
| 1980s | 2.8 million t | +10% |
| 1990s | 3.2 million t | +14% |
| 2000s | 3.4 million t | +7.5% |
| 2010s | 3.4 million t | −0.8% |
| 2020s (2020–2023) | 3.1 million t | −8.9% |
Coconut oil prices on wholesale markets
- Markets quoting
- 1
- Median price
- 1.82 EUR/kg
- Middle half of quotes
- 1.82–1.82 EUR/kg
- Latest quote
- 31 October 2026
Median of the midpoints of 1 current quotes converted to EUR per kg at the reference rates used on Husfarm. Markets quote different varieties, grades, origins and trade stages, so prices are not directly comparable between countries.
Questions and answers
Which country produces the most coconut oil?
Philippines was the largest producer in 2023 with 1.2 million t, 38.8% of the world total, according to FAOSTAT.
What is the world production of coconut oil?
World production was 3.1 million t in 2023, −13% compared with 2013.
Which countries produce the most coconut oil?
In 2023: Philippines (1.2 million t, 38.8%), Indonesia (646,000 t, 20.7%), India (549,000 t, 17.6%), Vietnam (182,000 t, 5.8%), Mexico (131,000 t, 4.2%). Together they account for 87.1% of the world total.
What is the wholesale price of coconut oil today?
The median of 1 current quotes on 1 markets tracked by Husfarm is 1.82 EUR/kg (latest quote 31 October 2026). Prices vary widely by variety, grade, origin and market.
Where does this data come from?
Production and area figures are from FAOSTAT, the statistics database of the Food and Agriculture Organization of the United Nations (dataset Crops and livestock products, release of 23 December 2025). Shares, rankings, changes and averages are calculated by Husfarm.
Related products
About the data
- Figures are production in tonnes as reported to or estimated by FAO for each calendar year; the latest year is 2023.
- Letters next to a country mark figures that are not official national data: E estimated by FAO, I imputed by FAO (filled in by a statistical model), X taken from an external organisation. Treat them as approximate.
- Shares are relative to the FAO world total; ten-year changes compare 2023 with 2013; average growth per year is the compound annual rate between the two years.
- Country series on Husfarm start in 2000; the world series starts in 1961.
Download CSV All countries and years: production and FAO flag.
How to cite: FAO (2025). FAOSTAT: Crops and livestock products — Coconut oil. Retrieved via Husfarm, https://husfarm.com/production/coconut-oil/. Licence CC BY 4.0.
Source: FAO. 2025. FAOSTAT: Crops and livestock products. Accessed on 4 November 2026. fao.org/faostat. Licence: CC BY 4.0. Charts, rankings and changes calculated by Husfarm.