Leading palm oil export markets for Malaysia in 2023, by volume

Published by
Amanda Siddharta,
Jan 22, 2025

In 2023, the European Union (EU) was Malaysia's largest export market for palm oil and palm-based products, with exports amounting to around 3.35 million metric tons. This was followed by India and China, with palm oil and palm-based products exports amounting to 3.28 million metric tons and 3.2 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 2023, by volume (in million metric tons)

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Release date

November 2024

Region

Malaysia

Survey time period

2023

Supplementary notes

Figures have been rounded.

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Palm oil industry in MalaysiaRubber industry in MalaysiaAgriculture in MalaysiaFood industry in Malaysia
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