Türkiye–Malaysia trade volume rises nearly 15% in first 9 months

the same period last year. Total trade stood at $4.96 billion in 2024. Türkiye’s exports to Malaysia grew sharply, rising 59% year-on-year to $460.2 million, compared with $290.2 million in the same period of the previous year. Malaysia Palm Oil Council CEO Belvinder Sron said Türkiye’s strategic location, population and market dynamics make it an important trade partner. He noted that Malaysia’s product portfolio is well-positioned to support Türkiye’s expanding manufacturing sector and its exports to neighboring markets, creating new cooperation opportunities. “Trade relations between Türkiye and Malaysia continue to grow,” Sron said. Sron highlighted palm and palm oil derivatives as major export items, saying Türkiye imports around 1 million tons annually. Much of this supply is used in value-added processing and manufacturing, with finished products later exported to surrounding countries. He said Türkiye’s role in re-export markets allows Malaysian palm oil to contribute to a ...