Why is Malaysia the world’s second largest producer and exporter of palm oil?
Malaysia¡¯s position as the world¡¯s second largest producer and exporter of palm oil after Indonesia attests to the economic importance of palm oil to the country. This article aims to provide a comprehensive review of the Malaysian palm oil industry, highlighting its potential applications in various fields of study.
Which Malaysian state planted the most oil palms?
Sarawak remained as the largest oil palm planted state for the second year, with 1.57 million hectares or 26.9% of the total Malaysian oil palm planted area, followed by Sabah with 1.55 million hectares or 26.5% and Peninsular Malaysia with 2.73 million hectares or 46.6%.
Why did Malaysian palm oil grow so much in 2018?
This was due to higher imports of soyabean, up by 12.6% to 0.31 million tonnes in 2018 from 0.28 million tonnes in 2017. China was the third largest export market for Malaysian palm oil in 2018, with an uptake of 1.86 million tonnes, a decline of 3.0% from 1.92 million tonnes in 2017.
How much palm oil does Malaysia export?
These top seven markets accounted for 9.31 million tonnes or 56.5% of total Malaysian palm oil exports in 2018.