How much coconut oil does Malaysia produce and export?
Malaysia is the nullth largest producer of coconut oil: 56,100 tonnes in 2023, 1.8% of the world's 3.1 million tonnes (FAOSTAT). It is the 3rd largest exporter by value: $1.2 billion in 2024, 15% of world exports of coconut and palm kernel oil (HS 1513) (CEPII BACI). Its biggest customer is China, which takes 20% of its coconut oil exports by value.
All about coconut oil · All about Malaysia · Coconut oil price history
Malaysia's coconut oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 56,100 tonnes | 1.8% | +0.6% a year | 2023 |
FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2023 |
|---|---|---|---|---|
| 1% | 1.6% | 1.2% | 1.7% | 1.8% |
Malaysia's coconut oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $1.2 billion | 15% | 880,233 t | $1,395 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1513 (Coconut, palm kernel and babassu oil).
Where Malaysia's coconut oil goes
| Destination | Value | Share of Malaysia's exports |
|---|---|---|
| China | $245M | 20% |
| India | $110M | 8.9% |
| Turkey (Türkiye) | $90M | 7.3% |
| Germany | $88M | 7.2% |
| United States | $86M | 7% |
Malaysia as a buyer of coconut oil
Malaysia imported $691.7 million of coconut and palm kernel oil (HS 1513) in 2024, 8.7% of world imports, ranked #4. Of its $691.7 million of coconut oil imports in 2024, 47% came from the Philippines and 25% from Indonesia, among 31 suppliers. Largest sources: Philippines (47%), Indonesia (25%), Thailand (17%), Papua New Guinea (6.1%), Singapore (3.6%).
How much coconut oil Malaysia uses
Malaysia's domestic supply of coconut oil was 162 thousand tonnes in 2023, 5.7% of the world's. Food supply was 1.9 kg per person a year, 3rd highest of 108 countries with a million or more people. It produced 37% of what it used (self-sufficiency) and imported 172%. FAO's item is "Coconut oil". Consumption · Self-sufficiency.
The coconut oil price Malaysia sells into
The benchmark price, Philippines/Indonesia, CIF Rotterdam, was $2,083/t in September 2026, down 20% over twelve months. Its five-year volatility is 26% a year, calmer in 49% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Coconut oil price history.
Cite as: Commodity Origins, "Malaysia coconut oil: production, exports and prices", https://commodityorigins.com/countries/MYS/coconut-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.