KUALA LUMPUR (March 2): The latest tariffs imposed by the United States have only a minimal impact on Malaysia’s palm oil exports, according to Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad. She said the US is not a major market for Malaysian palm oil, with exports to the country accounting for only 1.1%, unlike key markets such as India, Kenya and China. The senator wanted to know about the direct impact of the latest tariffs announced by the US on Malaysian rubber and palm oil. Noraini said there is stable demand from industries in the US, particularly in the bakery and cosmetics sectors requiring palm oil, which is difficult to be substituted with other vegetable oils. As such, she said the tariff decision has had a relatively minimal effect on the country’s palm oil export performance.

Source: The Edge Markets March 02, 2026 07:36 UTC