Coconut wood (Cocos nucifera L.), an economically significant tropical tree, exhibits variations in fiber morphology and chemical composition that directly influence its processing performance and comprehensive utilization potential. This study systematically investigated the spatial variability of fiber morphological indices (length, width, cell wall thickness, lumen diameter, aspect ratio, and cell wall-lumen ratio) and chemical components (holocellulose, cellulose, and lignin) across different trunk heights (bottom, middle, top) and radial positions (outer, middle, inner) in 40-year-old coconut trees from Hainan. The analyses were conducted using wood microscopy, image analysis software, and chemical assays. Fiber length (696.84–969.94 μm), cell wall thickness (9.78–18.36 μm), and cell wall-lumen ratio (1.13–5.82) decreased significantly from the bottom to the top, while lumen diameter (3.60–10.15 μm) increased. Fiber width (17.41–20.76 μm) and aspect ratio (40.39–48.79) showed minor variations but exhibited an overall downward trend with increasing height. Fiber length, cell wall thickness, and cell wall-lumen ratio decreased from the outer to inner regions, whereas lumen diameter increased. Chemical analysis indicated decreasing trends for holocellulose (59.14%–70.32%) and cellulose (41.03%–44.85%) content along both vertical and radial gradients, while lignin (21.40%–23.60%) initially decreased and then increased vertically, with higher inner-region content. The study identified superior fiber morphology (longer fibers, thicker cell walls, smaller lumen diameters) and higher holocellulose and cellulose content in the bottom and outer regions. Compared to bamboo, coconut fibers are thicker, with thicker cell walls and smaller lumens but lower aspect ratio, making them particularly suitable for medium-to-short fiber pulping processes. This research elucidates the spatial variation mechanisms of coconut wood fiber morphology and chemical composition, could providing a theoretical foundation for optimizing pulping, fiberboard manufacturing, and bioenergy applications, Such insights can enhance resource utilization efficiency and support sustainable development in tropical timber industries.