Exports of All Palm Products
| PRODUCT | UNIT | JAN – MAR 2021 | JAN – MAR 2020 | CHANGE (MT / RM Mil) | CHANGE (%) |
|---|---|---|---|---|---|
| CPO | Tonnes | 788,200 | 443,636 | 344,564 | 77.67 |
| RM Mil | 3,045 | 1,247 | 1,799 | 144.27 | |
| PPO | Tonnes | 2,238,069 | 3,044,436 | (806,367) | (26.49) |
| RM Mil | 8,422 | 8,860 | (438) | (4.95) | |
| PALM OIL | Tonnes | 3,026,270 | 3,488,071 | (461,801) | (13.24) |
| RM Mil | 11,467 | 10,107 | 1,360 | 13.46 | |
| CPKO | Tonnes | 60,959 | 60,296 | 663 | 1.10 |
| RM Mil | 314 | 216 | 98 | 45.40 | |
| PPKO | Tonnes | 167,071 | 188,461 | (21,390) | (11.35) |
| RM Mil | 866 | 736 | 130 | 17.68 | |
| PALM KERNEL OIL | Tonnes | 228,031 | 248,757 | (20,726) | (8.33) |
| RM Mil | 1,180 | 952 | 228 | 23.97 | |
| PALM KERNEL CAKE | Tonnes | 423,249 | 523,849 | (100,600) | (19.20) |
| RM Mil | 285 | 263 | 22 | 8.36 | |
| OLEOCHEMICALS | Tonnes | 760,159 | 759,915 | 244 | 0.03 |
| RM Mil | 3,859 | 3,069 | 791 | 25.76 | |
| FINISHED PRODUCTS | Tonnes | 138,116 | 130,058 | 8,058 | 6.20 |
| RM Mil | 759 | 604 | 155 | 25.66 | |
| BIODIESEL | Tonnes | 52,126 | 148,638 | (96,512) | (64.93) |
| RM Mil | 225 | 505 | (280) | (55.42) | |
| OTHERS | Tonnes | 292,405 | 363,401 | (70,996) | (19.54) |
| RM Mil | 462 | 353 | 109 | 30.91 | |
| TOTAL | Tonnes | 4,920,356 | 5,662,688 | (742,332) | (13.11) |
| RM Mil | 18,238 | 15,853 | 2,385 | 15.04 |
Malaysia’s Exports & Imports
| Exports | Imports | |||
|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |
| Jan | 947,539 | 1,213,569 | 165,198 | 85,033 |
| Feb | 895,556 | 1,089,529 | 87,326 | 66,735 |
| Mar | 1,182,084 | 1,184,973 | 137,332 | 79,216 |
| Apr | 1,236,478 | 56,596 | ||
| May | 1,369,351 | 37,101 | ||
| Jun | 1,706,635 | 48,841 | ||
| Jul | 1,783,284 | 52,691 | ||
| Aug | 1,578,075 | 32,311 | ||
| Sep | 1,612,155 | 48,273 | ||
| Oct | 1,674,380 | 45,398 | ||
| Nov | 1,303,807 | 112,663 | ||
| Dec | 1,642,835 | 282,058 | ||
| Jan-Dec | 17,395,071 | 946,917 | ||
Exports to Major Countries
| COUNTRY | JAN – MAR 2021 | JAN – MAR 2020 | CHANGE (MT) | CHANGE (%) | JAN – DEC 2020 |
|---|---|---|---|---|---|
| INDIA | 535,466 | 76,810 | 458,656 | 597.13 | 2,726,956 |
| CHINA | 270,126 | 481,652 | (211,526) | (43.92) | 2,730,660 |
| NETHERLANDS | 221,215 | 303,566 | (82,351) | (27.13) | 1,072,952 |
| IRAN | 157,845 | 20,766 | 137,079 | 660.11 | 321,041 |
| TURKEY | 153,331 | 154,736 | (1,405) | (0.91) | 615,872 |
| PHILIPPINES | 137,162 | 185,280 | (48,118) | (25.97) | 693,026 |
| PAKISTAN | 126,711 | 285,006 | (158,295) | (55.54) | 1,003,723 |
| KENYA | 110,284 | 27,641 | 82,643 | 298.99 | 520,758 |
| JAPAN | 106,066 | 131,595 | (25,529) | (19.40) | 433,022 |
| U.S.A | 76,074 | 162,348 | (86,274) | (53.14) | 540,349 |
| TOTAL | 1,894,280 | 1,829,400 | 64,880 | 3.55 | 10,658,359 |
Production & Stocks
| Production | End-Stocks | |||
|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |
| Jan | 1,126,457 | 1,171,534 | 1,324,639 | 1,755,417 |
| Feb | 1,108,236 | 1,288,515 | 1,306,022 | 1,700,261 |
| Mar | 1,423,354 | 1,401,481 | 1,445,970 | 1,729,592 |
| Apr | 1,652,771 | 2,044,498 | ||
| May | 1,651,336 | 2,029,579 | ||
| Jun | 1,885,742 | 1,898,372 | ||
| Jul | 1,807,397 | 1,699,171 | ||
| Aug | 1,863,309 | 1,702,809 | ||
| Sep | 1,869,256 | 1,721,802 | ||
| Oct | 1,724,559 | 1,573,389 | ||
| Nov | 1,491,074 | 1,562,317 | ||
| Dec | 1,333,639 | 1,265,698 | ||
| *Jan-Dec | 1,595,051 | 1,723,575 | ||
Monthly Average Prices
| CPO Local Prices | ||
|---|---|---|
| 2021 | 2020 | |
| Jan | 3,749 | 3,014 |
| Feb | 3,896 | 2,715 |
| Mar | 4,042 | 2,382 |
| Apr | 2,299 | |
| May | 2,074 | |
| Jun | 2,412 | |
| Jul | 2,519 | |
| Aug | 2,815 | |
| Sep | 2,924 | |
| Oct | 2,980 | |
| Nov | 3,422 | |
| Dec | 3,621 | |
| *Jan-Dec | 2,765 | |
* Jan – Dec Average
Note: Average for Peninsular Malaysia
Malaysian Palm Oil Exports By Destination
| COUNTRY | JAN – MAR 2021 | JAN – MAR 2020 | CHANGE (MT) | CHANGE (%) | JAN – DEC 2020 |
|---|---|---|---|---|---|
| AFGHANISTAN | 17,986 | 22,791 | (4,805) | (21.08) | 75,740 |
| ALBANIA | 66 | 457 | (391) | (85.56) | 1,599 |
| ALGERIA | 5,907 | 7,417 | (1,510) | (20.36) | 17,016 |
| ANGOLA | 21,651 | 25,526 | (3,875) | (15.18) | 124,017 |
| ANTIGUA | 66 | 22 | 44 | 200.00 | 131 |
| ARGENTINA | 884 | 840 | 44 | 5.24 | 2,560 |
| AUSTRALIA | 31,116 | 38,032 | (6,916) | (18.18) | 145,978 |
| BAHRAIN | 2,123 | 3,332 | (1,209) | (36.28) | 9,758 |
| BANGLADESH | 45,410 | 46,028 | (618) | (1.34) | 315,275 |
| BARBADOS | 13 | 77 | (64) | (83.12) | 288 |
| BELGIUM | 1,779 | 713 | 1,066 | 149.51 | 3,174 |
| BENIN | 11,825 | 29,562 | (17,737) | (60.00) | 111,475 |
| BOSNIA AND HERZEGOVINA | 0 | 24 | (24) | (100.00) | 47 |
| BRAZIL | 1,143 | 1,074 | 69 | 6.42 | 9,141 |
| BRUNEI | 2,012 | 1,994 | 18 | 0.90 | 9,092 |
| BULGARIA | 115 | 3,168 | (3,053) | (96.37) | 10,706 |
| CAMBODIA | 294 | 824 | (530) | (64.32) | 2,142 |
| CAMEROON | 4,324 | 5,443 | (1,119) | (20.56) | 32,117 |
| CANADA | 3,927 | 3,621 | 306 | 8.45 | 12,905 |
| CENTRAL AFRICAN REPUBLIC | 0 | 203 | (203) | (100.00) | 203 |
| CHAD | 0 | 683 | (683) | (100.00) | 1,032 |
| CHILE | 655 | 2,725 | (2,070) | (75.96) | 8,764 |
| CHINA | 270,126 | 481,652 | (211,526) | (43.92) | 2,730,660 |
| COLOMBIA | 42 | 22 | 20 | 90.91 | 639 |
| COMOROS | 179 | 197 | (18) | (9.14) | 1,242 |
| CONGO, DEMOCRATIC REP. OF THE | 11,525 | 7,993 | 3,532 | 44.19 | 47,035 |
| COSTA RICA | 0 | 18 | (18) | (100.00) | 18 |
| COTE D’IVOIRE | 3,991 | 10,261 | (6,270) | (61.11) | 53,799 |
| CROATIA | 1,848 | 1,559 | 289 | 18.54 | 7,999 |
| CUBA | 143 | 143 | – | – | 618 |
| CYPRUS | 0 | 18 | (18) | (100.00) | 42 |
| DENMARK | 14,900 | 12,694 | 2,206 | 17.38 | 52,832 |
| DJIBOUTI | 20,298 | 26,935 | (6,637) | (24.64) | 122,390 |
| DOMINICA | 1,850 | 21 | 1,829 | 8,709.52 | 527 |
| DOMINICAN REPUBLIC | 0 | 232 | (232) | (100.00) | 232 |
| EGYPT | 22,714 | 27,532 | (4,818) | (17.50) | 155,747 |
| ERITREA | 1,659 | 116 | 1,543 | 1,330.17 | 2,639 |
| ETHIOPIA | 1,590 | 1,674 | (84) | (5.02) | 20,080 |
| FIJI | 792 | 546 | 246 | 45.05 | 2,443 |
| FRANCE | 101 | 43 | 58 | 134.88 | 259 |
| GABON | 0 | 178 | (178) | (100.00) | 513 |
| GAMBIA | 2,907 | 5,625 | (2,718) | (48.32) | 19,752 |
| GEORGIA | 2,138 | 7,078 | (4,940) | (69.79) | 19,470 |
| GERMANY | 4,657 | 9,986 | (5,329) | (53.36) | 21,462 |
| GHANA | 46,823 | 66,372 | (19,549) | (29.45) | 246,861 |
| GREECE | 17,023 | 6,468 | 10,555 | 163.19 | 16,006 |
| GRENADA | 23 | 0 | 23 | #DIV/0! | 233 |
| GUATEMALA | 245 | 482 | (237) | (49.17) | 1,219 |
| GUINEA | 787 | 2,746 | (1,959) | (71.34) | 19,577 |
| GUYANA | 793 | 798 | (5) | (0.63) | 2,738 |
| HAITI | 1,240 | 2,975 | (1,735) | (58.32) | 12,743 |
| HONG KONG | 5,994 | 1,424 | 4,570 | 320.93 | 10,541 |
| HUNGARY | 0 | 368 | (368) | (100.00) | 1,451 |
| INDIA | 535,466 | 76,810 | 458,656 | 597.13 | 2,726,956 |
| INDONESIA | 1,230 | 12,761 | (11,531) | (90.36) | 19,101 |
| IRAN | 157,845 | 20,766 | 137,079 | 660.11 | 321,041 |
| IRAQ | 3,439 | 19,978 | (16,539) | (82.79) | 25,869 |
| ITALY | 61,323 | 98,235 | (36,912) | (37.58) | 439,053 |
| JAMAICA | 392 | 404 | (12) | (2.97) | 1,809 |
| JAPAN | 106,066 | 131,595 | (25,529) | (19.40) | 433,022 |
| JORDAN | 6,977 | 3,004 | 3,973 | 132.26 | 13,136 |
| KAZAKHSTAN | 1,886 | 4,316 | (2,430) | (56.30) | 16,066 |
| KENYA | 110,284 | 27,641 | 82,643 | 298.99 | 520,758 |
| KIRIBATI | 19 | 20 | (1) | (5.00) | 88 |
| KUWAIT | 8,499 | 7,541 | 958 | 12.70 | 20,449 |
| KYRGYZSTAN | 0 | 212 | (212) | (100.00) | 591 |
| LAOS | 75 | 84 | (9) | (10.71) | 248 |
| LATVIA | 73 | 128 | (55) | (42.97) | 1,794 |
| LEBANON | 2,579 | 2,881 | (302) | (10.48) | 7,675 |
| LIBERIA | 970 | 1,101 | (131) | (11.90) | 7,749 |
| LIBYA | 150 | 0 | 150 | #DIV/0! | 273 |
| LITHUANIA | 2 | 0 | 2 | #DIV/0! | 97 |
| MACEDONIA | 71 | 325 | (254) | (78.15) | 817 |
| MADAGASCAR | 28,436 | 29,795 | (1,359) | (4.56) | 101,058 |
| MALDIVES | 1,622 | 1,585 | 37 | 2.33 | 5,020 |
| MAURITANIA | 9,354 | 17,293 | (7,939) | (45.91) | 88,689 |
| MAURITIUS | 543 | 573 | (30) | (5.24) | 3,281 |
| MAYOTTE | 16 | 0 | 16 | #DIV/0! | 84 |
| MEXICO | 1,283 | 1,270 | 13 | 1.02 | 7,415 |
| MICRONESIA FEDERATION | 21 | 0 | 21 | #DIV/0! | 17 |
| MONGOLIA | 165 | 382 | (217) | (56.81) | 1,150 |
| MONTENEGRO | 0 | 48 | (48) | (100.00) | 398 |
| MOROCCO | 602 | 7,390 | (6,788) | (91.85) | 18,613 |
| MOZAMBIQUE | 71,246 | 66,356 | 4,890 | 7.37 | 301,757 |
| MYANMAR | 13,663 | 12,017 | 1,646 | 13.70 | 40,978 |
| NAMIBIA | 45 | 307 | (262) | (85.34) | 972 |
| NEPAL | 1,087 | 1,475 | (388) | (26.31) | 2,420 |
| NETHERLANDS | 221,215 | 303,566 | (82,351) | (27.13) | 1,072,952 |
| NEW CALEDONIA | 16 | 0 | 16 | #DIV/0! | 49 |
| NEW ZEALAND | 5,496 | 8,515 | (3,019) | (35.46) | 31,817 |
| NIGER | 395 | 11,870 | (11,475) | (96.67) | 18,688 |
| NIGERIA | 44,908 | 78,628 | (33,720) | (42.89) | 367,819 |
| NORWAY | 23 | 22 | 1 | 4.55 | 44 |
| OMAN | 8,302 | 3,152 | 5,150 | 163.39 | 99,911 |
| PAKISTAN | 126,711 | 285,006 | (158,295) | (55.54) | 1,003,723 |
| PALAU | 18 | 0 | 18 | #DIV/0! | 38 |
| PALESTINE | 114 | 24 | 90 | 375.00 | 141 |
| PANAMA | 257 | 356 | (99) | (27.81) | 1,244 |
| PAPUA N GUINEA | 4,952 | 2,023 | 2,929 | 144.78 | 10,551 |
| PARAGUAY | 4 | 0 | 4 | #DIV/0! | #N/A |
| PERU | 90 | 332 | (242) | (72.89) | 675 |
| PHILIPPINES | 137,162 | 185,280 | (48,118) | (25.97) | 693,026 |
| POLAND | 0 | 147 | (147) | (100.00) | 516 |
| PORTUGAL | 142 | 5 | 137 | 2,740.00 | 328 |
| QATAR | 8,739 | 6,057 | 2,682 | 44.28 | 20,130 |
| REUNION | 33 | 10 | 23 | 230.00 | 20 |
| ROMANIA | 860 | 2,150 | (1,290) | (60.00) | 6,559 |
| RUSSIA | 1,457 | 2,593 | (1,136) | (43.81) | 10,967 |
| RWANDA | 0 | 72 | (72) | (100.00) | 72 |
| SAMOA | 0 | 21 | (21) | (100.00) | 139 |
| SAUDI ARABIA | 71,671 | 125,902 | (54,231) | (43.07) | 349,489 |
| SENEGAL | 3,994 | 6,753 | (2,759) | (40.86) | 39,137 |
| SERBIA | 0 | 29 | (29) | (100.00) | 816 |
| SEYCHELLES | 23 | 181 | (158) | (87.29) | 361 |
| SIERRA LEONE | 0 | 1,713 | (1,713) | (100.00) | 4,631 |
| SINGAPORE | 41,568 | 89,588 | (48,020) | (53.60) | 288,240 |
| SLOVENIA | 0 | 22 | (22) | (100.00) | 46 |
| SOLOMON ISLAND | 0 | 40 | (40) | (100.00) | 255 |
| SOMALIA | 17,912 | 28,894 | (10,982) | (38.01) | 101,595 |
| SOUTH AFRICA | 21,725 | 48,592 | (26,867) | (55.29) | 212,509 |
| SOUTH KOREA | 74,461 | 100,043 | (25,582) | (25.57) | 453,278 |
| SPAIN | 18,020 | 59,074 | (41,054) | (69.50) | 198,287 |
| SRI LANKA | 24,048 | 61,409 | (37,361) | (60.84) | 124,128 |
| ST. LUCIA | 46 | 41 | 5 | 12.20 | 78 |
| ST. VINCENT AND THE GRENADINES | 23 | 0 | 23 | #DIV/0! | 40 |
| SUDAN | 114 | 2,372 | (2,258) | (95.19) | 25,926 |
| SURINAME | 22 | 264 | (242) | (91.67) | 860 |
| SWEDEN | 21,189 | 25,684 | (4,495) | (17.50) | 103,440 |
| SWITZERLAND | 568 | 43 | 525 | 1,220.93 | 971 |
| SYRIA | 5,619 | 1,647 | 3,972 | 241.17 | 17,004 |
| TAIWAN | 52,713 | 44,226 | 8,487 | 19.19 | 216,338 |
| TANZANIA | 33,399 | 39,653 | (6,254) | (15.77) | 201,760 |
| TOBAGO | 0 | 21 | (21) | (100.00) | 627 |
| TOGO | 14,761 | 48,968 | (34,207) | (69.86) | 173,758 |
| TRINIDAD | 1,687 | 1,728 | (41) | (2.37) | 6,167 |
| TUNISIA | 0 | 3,229 | (3,229) | (100.00) | 3,337 |
| TURKEY | 153,331 | 154,736 | (1,405) | (0.91) | 615,872 |
| TURKMENISTAN | 0 | 531 | (531) | (100.00) | 1,358 |
| U.A.E | 19,606 | 17,074 | 2,532 | 14.83 | 102,158 |
| U.S.A | 76,074 | 162,348 | (86,274) | (53.14) | 540,349 |
| UGANDA | 119 | 0 | 119 | #DIV/0! | 1,246 |
| UKRAINE | 2,335 | 34,608 | (32,273) | (93.25) | 49,697 |
| UNITED KINGDOM | 1,452 | 3,344 | (1,892) | (56.58) | 15,505 |
| URUGUAY | 102 | 45 | 57 | 126.67 | 67 |
| UZBEKISTAN | 2,800 | 13,057 | (10,257) | (78.56) | 30,210 |
| VANUATU | 73 | 0 | 73 | #DIV/0! | 156 |
| VENEZUELA | 0 | 23 | (23) | (100.00) | 23 |
| VIETNAM | 60,696 | 91,066 | (30,370) | (33.35) | 436,839 |
| YEMEN ARAB REP. | 26,700 | 9,904 | 16,796 | 169.59 | 94,365 |
| OTHERS | 7,410 | 4,383 | 3,027 | 69.06 | 23,776 |
| TOTAL | 3,026,270 | 3,488,071 | (461,801) | (13.24) | 17,368,865 |
*Disclaimer: This document has been prepared based on information from sources believed to be reliable but we do not make any representations as to its accuracy. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.
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