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America discovered the positive qualities of coconut oil for cooking and soap-making.
America companies in cooperation with German companies invested in coconut oil
refinery plants. Coconut oil was allowed to enter the US market tax-exempt. Thus,
Philippines export earnings from the US experienced a steady climb. Coconut products
gradually became the Philippines' top export, accounting for 40 percent of all exports in
the 1950's and 1960's. In the 1970's, coconut products were the country's leading export
of raw products.
Today, there are more than 3.5 million hectares planted to coconut trees in the
Philippines. About 27% of total Philippine agricultural lands are planted to coconut, with
more than 350 million coconut trees. There are more than sixteen (16) billion coconuts
harvested each year in the Philippines. Since the 1980's the Philippines has been
clinging to its number one position in the world, in terms of total hectarage planted to
coconuts and total number of fruit bearing coconut trees.
The Philippines is the largest coconut-producing country in the world, with the most
multifarious coconut-based products, dominating the world market with its estimated
eighty-five percent (85%) supply share of the most diverse varieties of coconut
by-products both edible and non-edible that is exported to at least seventy (70) countries
around the world.
Artist concept in the year 1642 when the Spanish
colonial government required each Filipino to plant
200 coconut trees because Spanish Ship builders
had a large need for coconut shells and husks.
The United States has imported its coconuts
mainly from the Philippines since 1898 when the
Philippine islands became a US possession at
the end of the Spanish-American War.
Brief History of the Coconut