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The Covid 19 pandemic not only affected biodiesel consumption, but also delayed the implementation of B20 mandate in Malaysia. Biodiesel production in 2021 is expected to drop by 16 percent to 1.05 billion liters, as exports are negatively impacted by the price of CPO at an all time high throughout 2021.

The COVID 19 pandemic in Malaysia saw most government agencies operating at minimum staffing with most working from home throughout 2020 and 2021. This has severely impacted the number of GE events approved by the National Biosafety Board (NBB).

The COVID-19 pandemic and ensuing movement control orders have severely impacted the Malaysian hotel, restaurant, and institutional (HRI) industry, with a significant decline of 71.2 percent to $12.5 billion in tourism receipts in 2020.

Post is adjusting its MY 2021/22 crude palm oil (CPO) production forecast down 1.5 million metric tons (MT) from the USDA Official estimate to 18.2 million MT.

Malaysia’s total agricultural product imports in 2020 reached nearly $19 billion, and approximately eight percent are sourced from United States.

Post adjusted the Marketing Year (MY) 2020/21 crude palm oil (CPO) production forecast down by 8,000 tons to 18.7 million tons. COVID-19 has caused acute labor shortages as the Government of Malaysia (GOM) halted the intake of new foreign workers indefinitely, while allowing foreign workers with expired work permits to return home, thus exaggerating the labor issues.

On April 28, 2021, the Danish government announced its intention to cut carbon dioxide emissions from agriculture by 7.1 million tons by 2030 through increased spending on green farming technologies.

The increase in economic growth and disposable income in countries with large Muslim populations presents an opportunity for U.S. agricultural exporters

Effective January 1, 2021, Malaysia has revised its labeling requirements for chilled and frozen beef.

Parties interested in exporting to Malaysia should be aware that country is strictly enforcing nutrition labeling requirements for processed foods.

Post forecasts that consumption of corn and wheat in Malaysia will gradually rebound in marketing year 2021/22 with rice consumption slightly down as consumers return to eating outside the home.

Post forecasts domestic consumption of cotton by the Malaysian textile industry at 350,000 bales in marketing year (MY) 2021/22 on presumed economic growth in Malaysia and strong consumer demand for textiles in the United States and the European Union.