Coconuts are an all-purpose, amazing fruit, nut and seed where no part goes to waste. In developed countries we use coconuts for commercial purposes. In tropical countries where coconuts are grown abundantly, it's not just the oil that has countless benefits, the milk, the meat, the bark and the palm leaves are re-purposed into something clever. It's magical really. Here's a list of uses and benefits of the "all mighty" coconut.