Cordia alliodora is one of several Cordia trees called bocote in Spanish and its wood, which has very little figure, is usually called freijo or jennywood along with that of Cordia goeldiana. The wood is used for boat decking, furniture, cabinetry and guitar/bass building luthiers and sometimes substitutes for mahogany or teak.
Outside of its indigenous range, Cordia alliodora has been identified as a problematic invasive species. For example, a timber-focused planting program of the species in Vanuatu during the mid-1970s has over time proved disruptive to native ecosystems and communities. The species has been described as a severe environmental nuisance, as it has overtaken natural forests by multiplying at a faster rate than being harvested, and has become susceptible to outbreaks of a form of root rot known as Phellinus noxius.