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Export value of palm oil from Malaysia to the European Union from 2014 to 2023 (in billion Malaysian ringgit)

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Sources

Release date

November 2024

Region

Malaysia, EU

Survey time period

2014 to 2023

Supplementary notes

1 Malaysian ringgit is equal to 0.22 U.S. dollars and 0.21 euros as of January 2025.

Figures have been rounded.

Citation formats

Export value of palm oil from Malaysia to the EU 2014-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 22, 2025

In 2023, the export value of palm oil from Malaysia to the European Union amounted to around **** billion Malaysian ringgit. The EU remained Malaysia's third-largest export market for palm oil, after India and China. 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.

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Topics

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