• Palm oil is the most traded vegetable oil in the world today and has been used as a dietary constituent for nearly five thousand years. It was long recognized in West African countries and its widespread use as a cooking oil.
  • It is the most versatile oil which can be used in a wide variety of foodstuffs as well as in non-food products such as soap, cosmetics and paint.
  • There are 4.3 million hectares of oil palm in Malaysia. This relatively small area representing about 1.84% of world’s total oilseed area produces about 42% of the world’s palm oil and 10% of the world’s oils and fats.
  • Malaysia is the second largest palm oil producer and is the world’s largest exporter.