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FAS Kuala Lumpur (Post) projects a slight decrease in palm oil production in Market year (MY) 24/25 to 19.2 million metric tons (MT) on recent weather challenges and lower than average production in the beginning months of the MY. With palm oil at a premium to competing vegetable oils, Post estimates a decrease in exports of approximately 770 thousand MT for MY 24/25.

Malaysia’s Biosafety Act 2007 and Biosecurity Regulations are currently under review by the Department of Biosafety. As of September 2022, 57 genetically engineered (GE) products have been approved for import, an increase of 14 percent from 2021.