Palm oil is the most traded oil in the world. In 2011, its exports
reached almost 39.04 million tonnes of which Malaysia’s share was 46%.
To add value to crude palm oil and make it ready for human consumption,
Malaysian manufacturers have installed the most extensive and efficient
refining and fractionation facilities. This had been most successful
during the years of 1974 to 1999, when the exports of processed palm oil
grew from 0.9 to 8.9 million tonnes. In 2011, Malaysia’s export of palm
oil rose to 17.99 million tonnes, after reaching a high of 16.66
million tonnes in 2010. Similar trend in export of palm kernel oil was
seen in the same period, with the volume reaching 1.17 million tonnes in
2011.
