Palm oil exports to Central Asia at RM288mil

The country exported 54,665 tonnes of palm oil and palm-based products worth RM288.23mil to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan and Turkmenistan in Central Asia in 2024, says 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.

Chan said Pakistan is among the top 10 importers of Malaysian palm oil, with imports of 860,260 tonnes last year.

“The ministry focuses on the demand for edible oil and the strategic location of the country as a gateway to Central Asia.”

Malaysia’s exports are expected to remain between 18% and 25% of Pakistan’s total palm oil imports, depending on price dynamics and current market conditions.

Read More: Here