Malaysian palm oil exports are declining, while Indonesian palm oil exports are growing

According to data released by shipping inspection agency SGS, Malaysia’s palm oil exports from January 1 to 31 are expected to total 944,000 tonnes, a 5.58% decrease compared to the same period last month, when exports totaled over 1 million tonnes. The agency notes that this indicates weakening international demand and could lead to a relative oversupply in the domestic market, putting downward pressure on palm oil spot prices. Meanwhile, according to data released by the Central Bureau of Statistics Indonesia, Indonesia’s palm oil exports continue to show strong growth in 2025, reaching an annual value of US$24.42 billion, up 21.83% from the previous year; the export volume was 23.61 million tonnes, an increase of 9.09% compared to last year. The increase in exports reflects expanded production, but does not account for the simultaneous increase in demand and the growing risk of oversupply. Earlier, it was reported that Malaysia’s palm oil stocks increased by 7.58% in December ...