Fresh Coconut Overview In The First Half Year 2025

With more than 200,000 hectares of coconut, ranking 5th in the world in terms of area and output of 2 million tons, Vietnam has increased the export turnover of the coconut industry to 1.089 billion USD in 2024, a great step forward from 180 million USD in 2010. In the first 2 months of 2025, fresh coconut exports reached 33.3 million USD (up 18% over the same period in 2024). In particular, in February 2025, fresh coconut export turnover reached 13.4 million USD, up 45% over the same period, with the US market increasing by 46% and China accounting for 20% of the country's total coconut import turnover.

Coconuts water is excellent for rehydrating and replenishing the body. Illustration photo by Pixabay

This growth is supported by the expansion of international markets. Typically, in the US, this is a country that consumes coconuts all year round with supplies from 17 countries such as Mexico and Thailand, which are welcoming Vietnamese coconuts thanks to their natural flavor and high quality. China, after signing the Official Export Protocol in August 2024, has become a potential market with an expected export value of 250 million USD of fresh coconuts in 2024. Global trends show a strong increase in demand for coconuts, especially in Western and Asian markets, where Vietnam is competing with the Philippines - expected to reach 1.2 billion USD of coconut exports in 2025.
 

According to a survey by the Department of Crop Production and Plant Protection, Ministry of Agriculture and Environment, in provinces such as Ben Tre and Tien Giang, the price of fresh coconuts currently ranges from 150,000-170,000 VND/12 fruits, while dried coconuts are sold for 200,000-210,000 VND/12 fruits, depending on quality. This price increase not only reflects domestic market demand but is also a result of global trends, where coconut prices in countries such as the Philippines and Thailand are also climbing due to reduced supply and strong export growth. This is a golden opportunity for Vietnam to take advantage, boost exports and position the coconut industry as a pillar of the agricultural economy in 2025.

However, the development of Vietnam's coconut products still faces many challenges. In Ben Tre and Tien Giang provinces, with more than 100,000 hectares of coconut, dry season productivity has decreased due to drought and pests, leading to a situation of "demand exceeding supply". Traders have to hunt for the garden, putting pressure on the supply chain.

To take advantage of the opportunity from high coconut prices and global demand, the Vietnamese coconut industry needs to focus on strategic solutions.