The present paper looks into the growth, instability, and sources of growth and instability of coir products export from India. Total coir export was found to have significant increase over the years. A drastic shift from finished products like handloom mats, coir yarn, and handloom mattings to products like coir fibre and coir pith in the composition of total coir products export from India was evident. Coir fibre showed the highest growth in export quantity, followed by coir curled. Export quantity was highest for coir other sorts, followed by power loom mats, power loom matting, and coir rugs. Change in mean quantity accounted for more than 80 percent changes in total coir export value. The change followed it in the mean unit value. Change in export quantity-export unit value covariance and change in mean export quantity were the major contributors to variance of export value.