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With a record-high performance in 2021, the Malaysian palm oil industry is ๐˜€๐—น๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐˜…๐—ฝ๐—ฎ๐—ป๐˜€๐—ถ๐—ผ๐—ป in 2022.
The total exports of Malaysian palm oil is at 24.3 million tonnes last year which saw RM 102 billion in exports revenue โ€” a ๐Ÿฐ๐Ÿฌ% ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ from 2020.
Among all export destinations, ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ remains its number one spot with ๐—–๐—ต๐—ถ๐—ป๐—ฎ leading in second.
The Malaysian palm oil industry is positive that ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฝ๐—ฎ๐—น๐—บ ๐—ผ๐—ถ๐—น ๐—ฒ๐˜…๐—ฝ๐—ผ๐—ฟ๐˜๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฐ๐—ผ๐—ป๐˜๐—ถ๐—ป๐˜‚๐—ฒ ๐˜๐—ผ ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ ๐˜๐—ต๐—ถ๐˜€ ๐˜†๐—ฒ๐—ฎ๐—ฟ, with all key industry indicators projected to show a better performance.