Malaysia exported palm oil, palm products worth RM288m to Central Asia in 2024

Published 2025년 2월 13일

Tridge summary

In 2024, Malaysia exported 54,665 tonnes of palm oil and palm-based products to Central Asian countries, including Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan, valued at RM288.23 million. The country's Plantation and Commodities Ministry, along with the Malaysian Palm Oil Council (MPOC), is working to strengthen its palm oil supply position in Central Asia and regain market dominance in Pakistan. Malaysia's palm oil exports to Pakistan, one of its top 10 importers, make up 18-25% of the country's total imports. The ministry is also looking into reinstate the Smallholder Replanting Financing Scheme to full grants and will participate in a global expo in Osaka, Japan, to explore using palm biomass waste for electricity generation.

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Original content

Malaysia exported 54,665 tonnes of palm oil and palm-based products worth RM288.23 million to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan and Turkmenistan in Central Asia in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin. He said the Plantation and Commodities Ministry, through the Malaysian Palm Oil Council (MPOC), remains committed to strengthening Malaysia’s position as a key player in supplying palm oil to Central Asia while enhancing its market dominance in Pakistan. “Central Asia is an important export destination for Malaysian palm oil. In recent years, MPOC, as the agency responsible for promoting Malaysian palm oil, has implemented various initiatives in the region,” he said during a question-and-answer session in the Dewan Rakyat today in response to Datuk Mohd Isam Mohd Isa (BN-Tampin) about the ministry’s efforts to position Malaysia as the leading player in palm oil supply in Central Asia and to regain dominance in palm oil ...

Source: UkrAgroConsult