US tariffs a threat to coconut exports

Thai coconut exporters could face significant challenges if the US imposes higher tariffs on Thai products than those exported from Vietnam, says K Fresh, a leading Thai producer and shipper of coconut products.

- KUAKUL MORNKUM

El Niño conditions raised temperatures in Thailand over the past two years, causing a decline in the coconut supply and leading to rising prices and disruptions in coconut-related factory operations, said Natthasak Manusrungsri, managing director of K Fresh Co Ltd.

Meanwhile, Vietnam significantly expanded its coconut export operations as it benefits from lower labour and production costs, said Mr Natthasak.

He said Thailand's “Nam Hom” coconut is unique, known for its sweet and aromatic taste that can only be grown in specific provinces, such as Nakhon Pathom, Ratchaburi, Samut Sakhon and Samut Songkhram.

Thailand’s coconut supply remains lower than that of Vietnam, Indonesia and the Philippines.