Zero Tariff On Palm Oil Will Raise Malaysia’s Competitiveness In US Market

게시됨 2025년 10월 29일

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The Malaysian Palm Oil Council (MPOC) has welcomed the United States’ decision to grant tariff exemptions for selected Malaysian products — including palm oil — under the newly concluded Agreement on Reciprocal Trade, describing it as a timely boost for the industry and bilateral trade relations. The move comes amid strong trade performance between the

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two nations, with Malaysia’s palm oil exports to the U.S. recording steady growth over the past two years, driven by increasing demand from advanced manufacturing and consumer goods sectors. MPOC Chief Executive Officer Belvinder Sron said the zero-tariff measure would further enhance Malaysia’s competitiveness in the American market. “The zero-tariff for Malaysian palm oil is a positive development. Our exports to the United States have recorded strong growth over the past two years, and this measure will further strengthen Malaysia’s competitive position in a high-value and rapidly evolving market,” she said. Belvinder added that deeper commercial cooperation between Malaysia and the U.S. will benefit both nations, particularly through downstream expansion and technology integration within the palm oil industry. From January to September 2025, Malaysia’s palm oil and palm-based product exports rose 8.1% to 346,000 metric tonnes, compared to 320,000 metric tonnes in the same ...

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