Coconut water is considered a healthy drink being rich in electrolyte potassium and other nutrients. Many people believe that it is a healthy drink for diabetics too as coconut water is low in calories devoid of any artificial sweetener and is high in fibre. However according to Dr Pradeep Gadge diabetologist Shreya Diabetes Centre Mumbai Diabetics can have coconut water occasionally only if their sugar level is managed well. It is better they don t make it a daily indulgence. Remember coconut water is sweet and it does raise one s sugar level and that can be damaging for diabetics.