Export And Import Of Coconut Oil Companies in Malaysia

Coconut oil is an edible oil that has a wide range of uses. It is used in cooking, cosmetics, and as a dietary supplement. Coconut oil is extracted from the meat of mature coconuts. The meat is then dried and the oil is extracted from the meat.

Coconut oil is a major export commodity of Malaysia. Coconut oil exports from Malaysia totaled USD 1.4 billion in 2016. The United States is the largest importer of Malaysian coconut oil, accounting for 36% of total exports. Other major importers include the European Union, India, and China.

Malaysia is the world’s second largest producer of coconut oil, behind only the Philippines. The majority of Malaysia’s coconut oil production is exported, with the domestic market accounting for a small share of total production.

Coconut oil is used in a variety of industries, including the food, cosmetics, and pharmaceutical industries. In the food industry, it is used as an ingredient in a wide range of food products, including baking goods, confectioneries, and frying oils. In the cosmetics industry, it is used in the production of soaps, shampoos, and skin care products. In the pharmaceutical industry, it