In the 2010-11 Fiscal, the country's total exports amounted to $247.4 Billion, while coir exports amounted to Rs.807.07 Crore.
Indian Coir Industry employs more than 1.5 lakh weavers and 4 lakh spinners. The industry has been lagging behind when compared to the other similar industries due to the lack of modernization and marketing efforts on a large scale. Indian Coir industry is second to agriculture as a source of employment mainly in Kerala, providing employment to 3.83 lakh persons, of whom about 3.25 lakh are women.
At present, coir and its products are exported to more than 80 countries, with US being the biggest market with a share of more than 40% in the total export. European countries together share more than 41 % of the exports.
Kerala is the home of Indian coir industry where white fiber, accounting for 61% of coconut production and over 85% of coir products are from women. With 10.05 lakh hectares having coconut cultivation in Kerala, which accounts for 45% of the net cropped area.
Export of coir projects are projected to further grow by 1.2% per annum to 80,000 tons in 2012, while exports of fiber are expected to expand to about 123,000 tons.