# Monthly Palm Oil Trade Statistics : January – December 2023 – MPOC

> MPOC released Malaysian palm oil trade statistics for January to December 2023 showing total palm oil exports of 15.10 million tonnes, down 3.91% from 2022. Crude palm oil exports fell 3.75% and processed palm oil exports fell 3.96%. Export values in ringgit dropped about 27% to 28%.

- Date: 2023-02-15 · published 2023-02-15T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15759-monthly-palm-oil-trade-statistics-january-december-2023-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower Malaysian export volumes and values signal softer export demand, a mildly bearish factor for palm oil prices. The decline in ringgit value reflects lower prices received by exporters.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-09-10 | [Malaysia's August palm oil stockpiles jump 25% to 14-month peak](https://feedsoft.ai/events/45164-malaysia-s-august-palm-oil-stockpiles-jump-25-to-14-month-peak.md) | -0.0% | +9.4% |
| PALMOIL | 2026-10-03 | [Palm Oil Stays Near 12-Week Low; MPOC Sees Above $1,154 \| Palm Oil Economics](https://feedsoft.ai/events/5358-palm-oil-stays-near-12-week-low-mpoc-sees-above-1-154-palm-oil-economics.md) | +1.3% | +2.1% |
| PALMOIL | 2024-09-11 | [Malaysia’s palm oil stocks hit six-month high in August as output surges — MPOB – MPOC](https://feedsoft.ai/events/28395-malaysia-s-palm-oil-stocks-hit-six-month-high-in-august-as-output-surges-mpob.md) | -0.5% | +11.7% |
| PALMOIL | 2025-08-04 | [Palm oil reserves in Malaysia seen surging to 19-month high \| The Star](https://feedsoft.ai/events/12122-palm-oil-reserves-in-malaysia-seen-surging-to-19-month-high-the-star.md) | +1.2% | +4.7% |
| PALMOIL | 2025-11-17 | [Malaysia’s Palm Oil Output Likely to Surpass 20 Million Tonnes For First Time in 2025 - MPOC](https://feedsoft.ai/events/22051-malaysia-s-palm-oil-output-likely-to-surpass-20-million-tonnes-for-first-time.md) | -0.6% | -0.9% |

## Sources

- mpoc.org.my: https://www.mpoc.org.my/monthly-palm-oil-trade-statistics-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.