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Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the Malaysian government is exploring new markets for Malaysian palm oil in an effort to reduce the country’s dependence on major export markets affected by geopolitical conflicts.
He said the ongoing conflict between Israel and Iran, along with the Russia-Ukraine conflict, has disrupted export shipments to some regions.
Johari said Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets is now considered high risk because of armed conflicts.
He added that Malaysia is therefore exploring new markets, especially countries that have not previously purchased Malaysian palm oil or edible oils.
He said this is critical to maintaining stable export levels, noting that Malaysia currently trades with nearly 80 countries and plans to expand its reach further.
The minister made the remarks after attending a Dialogue with KPK program at Kolej Poly-Tech MARA in Kota Bharu.
He also urged plantation operators and smallholders to work closely with the government to ensure the national commodity sector remains resilient globally.
He said farmers and operators must cooperate with the government to face international challenges.
Johari noted that the European market is increasingly focused on environmental sustainability and biodiversity-friendly practices when buying palm oil.
He said that to enter these markets, Malaysia must prove that its plantations meet their standards, follow sustainability principles, and preserve biodiversity.
He added that providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers.
He concluded: “We ask them to buy more from us, but the service we provide to them is just as important.”