The Philippines exceeded its coconut oil (CNO) export target for 2013 despite slow down in shipments in the second half of the year, the United Coconut Association of the Philippines (UCAP) said on Tuesday.

In a telephone interview, UCAP Executive Director Yvonne Agustin said that the country’s CNO exports reached 1.123 million metric tons (MT) in January to December 2013, up by 31.9 percent from 852,234 MT in 2012.

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