In 2021, export value of palm oil from Malaysia to the European Union amounted to approximately six billion Malaysian ringgit. The EU remained Malaysia's third-largest export market for palm oil, after India and China. 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.
Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit)
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Statistics
MPIC. (November 16, 2022). Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved May 27, 2024, from https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/
MPIC. "Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit)." Chart. November 16, 2022. Statista. Accessed May 27, 2024. https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/
MPIC. (2022). Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: May 27, 2024. https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/
MPIC. "Export Value of Palm Oil from Malaysia to The European Union from 2012 to 2021 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 16 Nov 2022, https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/
MPIC, Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/ (last visited May 27, 2024)
Export value of palm oil from Malaysia to the European Union from 2012 to 2021 (in billion Malaysian ringgit) [Graph], MPIC, November 16, 2022. [Online]. Available: https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/