The country’s coconut oil exports are expected to gain
larger US market next year due to rules set by the United States
Food and Drug Administration (USFDA) on trans-fat labeling.
According to the Philippines Coconut Authority (PCA), virgin
coconut oil’s low saturated fat content is set to get
a boost in the US market with the USFDA’s new requirement
for disclosure of trans-fat contents of all manufactured
foods sold in the US starting next year.
“Virgin coconut oil – which has only 0.05% to
0.1% trans-fat or free fatty acids content, and which figure
maybe the lowest among all vegetable fats – will certainly
enjoy great preference and acceptability in the US,” said
PCA Administrator Jesus Emmanuel M. Paras in a statement.
Mr. Paras explained that coconut oil is at least 94% saturated
fat and, at this amount, already stands to have the lowest
trans-fat contents when it is at its natural state. This
is because formation of the bulk of trans-fats happens during
hydrogenation of unsaturated and poly-unsaturated fats, in
order to transform them to saturated state.
Hydrogenation is done to prevent the spoilage of the product.
Natural coconut oil, however, does not require hygrogenation,
since saturated fat can withstand rancidity in its natural
state. Mr. Paras noted, for instance, that coconut oil is
ideal for cooking since it ensures longer shelf life.
Increasing interest in the benefits of virgin coconut oil
has boosted the country’s exports significantly. PCA
deputy administrator for Trade and Marketing Arturo J. Licuete
said the country’s virgin coconut oil export volume
jumped to 58.44 million tons as of May 2005 from 15.79 million
tons in the same period last year, with the United States
and the Netherlands topping other markets. Export value of
this product rose to $369,094 from $56,000 for the same periods.