In 2022, export value of palm oil from Malaysia to the European Union amounted to nearly seven 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 2013 to 2022
(in billion Malaysian ringgit)
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MPIC. (July 7, 2023). Export value of palm oil from Malaysia to the European Union from 2013 to 2022 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved December 23, 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 2013 to 2022 (in billion Malaysian ringgit)." Chart. July 7, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/
MPIC. (2023). Export value of palm oil from Malaysia to the European Union from 2013 to 2022 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: December 23, 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 2013 to 2022 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 7 Jul 2023, 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 2013 to 2022 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/ (last visited December 23, 2024)
Export value of palm oil from Malaysia to the European Union from 2013 to 2022 (in billion Malaysian ringgit) [Graph], MPIC, July 7, 2023. [Online]. Available: https://www.statista.com/statistics/946750/export-value-palm-oil-malaysia-eu/