Market research

Coconuts market in Mexico, 2026

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Mexican coconut production declined from 1.1 million tons in 2018 to 1.07 million tons in 2021, with the market size contracting similarly. This occurred alongside rising demand for processed coconut products, such as coconut water, fueled by significant company investments and a shift in consumer preferences toward healthier options. However, summer droughts and drought stress in 2021 limited the growth of raw coconut output.

Production recovered to 1.12 million tons in 2022, supported by a strong expansion of exports, which reached 19 000 tons that year. Mexico's active efforts to commercialize coconuts internationally, including targeting new export markets, contributed to this uptick despite ongoing phytosanitary challenges like lethal yellowing disease. In 2023, output dipped to 1.09 million tons, while product innovation and the growth of e-commerce for coconut derivatives continued to shape the processed segment.

Export volumes continued their upward trajectory, reaching 23 000 tons in 2024 and 36 000 tons in 2025, bolstered by agreements between Mexican producers and major companies like Danone for coconut-based products such as yogurts. Regulatory support and government initiatives further aimed to enhance the competitiveness of Mexican coconuts in global trade.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mexico
  1. 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Mexico in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconuts in Mexico

In kind, 2018-2021, K t

Mexico was one of the world's top coconut producers from 2018 to 2021, ranking 9th globally by production volume during this period.

Top producers of coconuts, 2018-2021

Source: SHEV.io

World map of production of coconuts, 2018-2021

Source: SHEV.io

In 2021, Mexico produced 1 074 K t of coconuts, showing little change from the previous year. Over the 2018-2021 period, production declined by 3.3%, with an average annual decrease of 1.1%. The lowest production level was recorded in 2020 at 1 074 K t, while the sharpest drop occurred in 2019 with a 1.9% decrease.

Annual dynamics of production in Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.9%)	(1.4%)	-	(1.1%)

Source: SHEV.io

Exports coconuts from Mexico

Exports in kind, t

Mexico's coconut exports grew for the third year in a row in 2021, reaching 13 593 t. This represented a significant 51.1% increase compared to 2020. From 2018 to 2021, exports surged by 276.8%, translating to an average annual growth rate of 55.6%.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	105.8%	21.1%	51.1%	55.6%

Source: SHEV.io

Between 2018 and 2021, the United States accounted for virtually all of Mexico's coconut exports in volume terms, with a 100.0% share of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

The value of Mexico's coconut exports fell for the third consecutive year in 2021, totaling 8 725 K US dollars, down 15.1% from 2020. Over the 2018-2021 period, export value declined by 25.1%, with an average annual decrease of 9.2%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(10.3%)	(1.6%)	(15.1%)	(9.2%)

Source: SHEV.io

From 2018 to 2021, the United States completely dominated Mexico's coconut exports in value terms, capturing 100.0% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in value, 2018-2021

Source: SHEV.io

Imports coconuts to Mexico

Imports in kind, t

Mexico's coconut import volume dropped for the second straight year in 2021, reaching 192 t, which was 60.9% lower than in 2020. Between 2018 and 2021, imports fell by 62.3%, averaging an annual decline of 27.8%. The highest import volume was recorded in 2019 at 646 t, which also saw the largest increase of 27.0% that year.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	27.0%	(24.2%)	(60.9%)	(27.8%)

Source: SHEV.io

During 2018-2021, the Philippines was the primary source for Mexico's coconut imports in volume terms, accounting for 88.6% of total flows, while the remainder came from several smaller markets.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

The value of Mexico's coconut imports decreased for the third year in a row in 2021, totaling 537 K US dollars, a 44.6% drop from 2020. Over the 2018-2021 period, import value fell by 57.4%, with an average annual decline of 24.8%.

Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(17.8%)	(6.5%)	(44.6%)	(24.8%)

Source: SHEV.io

Throughout 2018-2021, the Philippines remained the leading source for Mexico's coconut imports in value terms, taking 88.5% of total flows, with the rest distributed among various smaller markets.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in value, 2018-2021

Source: SHEV.io