Coconut milk is made from fresh shredded coconut that is simmered in water then strained to form a rich, creamy liquid.
Light coconut milk contains little if any coconut oil and therefore has less fat, fewer calories, and alas the lackluster flavor to prove it.
Cream of coconut is a mixture of coconut cream and sugar that’s thicker and sweeter than coconut milk. The two can’t be used interchangeably; save this for piña coladas.
Coconut juice (or water) is the electrolyte-rich liquid inside a fresh coconut.