Malaysian Palm Oil Export Performance Weakens

30-Dec-2025 03:58 PM

Kuala Lumpur. Malaysia, the world's second-largest producer and exporter of palm oil after Indonesia, is seeing a weaker export performance of this important vegetable oil compared to last year. Both the volume and price of palm oil exports have declined.

According to the latest data from the Malaysian Palm Oil Board (MPOB), total exports of palm oil products from Malaysia in the first 11 months of the current year, January-November 2025, fell to 13.94 million tonnes, a decrease of 1.62 million tonnes or 10.4 percent compared to the 15.56 million tonnes shipped during the same period in 2024.  Export revenue also slipped by 0.6 percent, from 66.05 billion ringgit to 65.66 billion ringgit during the same period.

Exports of Malaysian palm oil have shown a decline in most major buyer countries. According to the MPOB report, India, Kenya, the European Union,

China, and the Philippines were the top five buyers of Malaysian palm oil during January-November. Exports decreased in all these markets except for the Philippines.

Compared to January-November 2024, Malaysian palm oil exports during January-November 2025 fell from 2.88 million tonnes to 2.41 million tonnes in India, from 1.14 million tonnes to 1.09 million tonnes in Kenya,

from 1.18 million tonnes to 0.94 million tonnes in the European Union, and from 1.27 million tonnes to 0.8 million tonnes in China.

However, exports to the Philippines increased from 0.61 million tonnes to 0.68 million tonnes. December figures are yet to be released.