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Leading palm oil and palm-based products export markets for Malaysia in 2019 by value

In 2019, India was Malaysia's most valuable export market for palm oil and palm-based products, with exports amounting to around 9.78 billion Malaysian ringgit. This was followed by the European Union and China, with a value of around 9.58 billion ringgit and 9.17 billion ringgit respectively. However, plans by the European Commission to phase out the use of palm oil in transport fuel by 2030 threatens to reduce the size of this market for Malaysian palm oil in the future.

Leading palm oil and palm-based products export markets for Malaysia in 2019, by value

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Sources

Release date

April 2020

Region

Malaysia

Survey time period

2019

Supplementary notes

* Preliminary data.

Values have been rounded.

1 ringgit Malaysia (RM) equals approximately 0.24 U.S. dollars and 0.21 euros (as of September 2020).

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Statistics on "Palm oil industry in Malaysia"

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