In 2022, China was Malaysia's largest export market for palm oil and palm-based products, with exports amounting to around 3.43 million metric tons. This was followed by India and the European Union, with palm oil and palm-based products exports amounting to 3.39 million metric tons and 3.35 million metric tons 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 2022, by volume
(in million metric tons)
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MPIC. (July 7, 2023). Leading palm oil and palm based products export markets for Malaysia in 2022, by volume (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/
MPIC. "Leading palm oil and palm based products export markets for Malaysia in 2022, by volume (in million metric tons)." Chart. July 7, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/
MPIC. (2023). Leading palm oil and palm based products export markets for Malaysia in 2022, by volume (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/
MPIC. "Leading Palm Oil and Palm Based Products Export Markets for Malaysia in 2022, by Volume (in Million Metric Tons)." Statista, Statista Inc., 7 Jul 2023, https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/
MPIC, Leading palm oil and palm based products export markets for Malaysia in 2022, by volume (in million metric tons) Statista, https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/ (last visited November 22, 2024)
Leading palm oil and palm based products export markets for Malaysia in 2022, by volume (in million metric tons) [Graph], MPIC, July 7, 2023. [Online]. Available: https://www.statista.com/statistics/1088979/malaysia-leading-palm-oil-and-palm-based-products-export-markets-volume/