In 2022, India was Malaysia's most valuable export market for palm oil with exports amounting to more than 15 billion Malaysian ringgit. This was followed by China and the EU, with a value of around 8.45 billion and seven billion Malaysian 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.
Export of palm oil to major countries for Malaysia in 2022, by value
(in billion Malaysian ringgit)
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MPIC. (July 7, 2023). Export of palm oil to major countries for Malaysia in 2022, by value (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/
MPIC. "Export of palm oil to major countries for Malaysia in 2022, by value (in billion Malaysian ringgit)." Chart. July 7, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/
MPIC. (2023). Export of palm oil to major countries for Malaysia in 2022, by value (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/
MPIC. "Export of Palm Oil to Major Countries for Malaysia in 2022, by Value (in Billion Malaysian Ringgit)." Statista, Statista Inc., 7 Jul 2023, https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/
MPIC, Export of palm oil to major countries for Malaysia in 2022, by value (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/ (last visited November 21, 2024)
Export of palm oil to major countries for Malaysia in 2022, by value (in billion Malaysian ringgit) [Graph], MPIC, July 7, 2023. [Online]. Available: https://www.statista.com/statistics/1092053/malaysia-export-of-palm-oil-to-major-countries-by-value/
