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The coconut palm has made Sri Lanka a particularly beautiful place. The graceful trunk of the tree rises to a height up to 30 m (98 ft) ending in a compact crown of 30-40 large feather like leaves. Each leaf is about3–4 m (9.8–13.1 ft) in length.
Cocoa (Theobroma cacao) production contributes to the national economy of Sri Lanka. It is grown in fairly dense shade and generally cultivated under coconut and rubber. Although cocoa production remains a source of revenue, it is no longer a main economic sector.
This is a list of countries by coconut production from the years 2017 to 2022, based on data from the Food and Agriculture Organization Corporate Statistical Database. [1] The estimated total world production of coconuts in 2022 was 62,409,431 metric tonnes , down 0.6% from 62,791,068 tonnes in 2021. [ 1 ]
The Minister of Coconut Development and Janatha Estate Development is an appointment in the Cabinet of Sri Lanka. Parties Sri Lanka Freedom Party United National Party
Sri Lanka too is affected with the global recession, as the demand for their major products such as garments, tea, rubber, coconut based products and agricultural products are at a downturn. At the moment, tea is severely affected and the country is experiencing 35% drop in the exports presently.
The Asian and Pacific Coconut Community (APCC or Cocommunity) is an intergovernmental organisation of states in Asia-Pacific that produce coconuts (Cocos nucifera L.). Coconuts are native to humid regions, specifically, between latitudes 26° N and 26° S of the equator. [1]
The auction of 12 undeveloped lots in Coconut Grove has been put on hold while the Third District Court of Appeal reviews a loan company’s request to cancel the bulk sale.
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.