# Explainer: Why Malaysia is considering a ban on palm oil exports to the European Union

> Malaysia is considering a ban on palm oil exports to the European Union, as its exports to the bloc fell 10% in 2022 to 1.47 million tonnes. That volume is down 40% from 2.43 million tonnes in 2015, according to Malaysian Palm Oil Board data.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/15766-explainer-why-malaysia-is-considering-a-ban-on-palm-oil-exports-to-the-european
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A possible EU export ban would remove a market for Malaysian palm oil, potentially redirecting supply and affecting prices, though the effect depends on policy decisions.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-04-12 | [Malaysia cuts crude palm oil export duty for May to 4.5% - The Business Times](https://feedsoft.ai/events/53507-malaysia-cuts-crude-palm-oil-export-duty-for-may-to-4-5-the-business-times.md) | -1.4% | -11.4% |
| PALMOIL | 2026-06-23 | [Indonesia palm oil export curbs: An open door for Malaysia?](https://feedsoft.ai/events/15465-indonesia-palm-oil-export-curbs-an-open-door-for-malaysia.md) | -0.2% | -0.2% |
| PALMOIL | 2019-06-20 | [Malaysia keeps July crude palm oil export duty at 0% \| The Star](https://feedsoft.ai/events/58467-malaysia-keeps-july-crude-palm-oil-export-duty-at-0-the-star.md) | -0.9% | -1.8% |
| PALMOIL | 2022-04-28 | [Malaysia able to meet global demand for palm oil following Indonesia’s export ban, says minister \| Malay Mail](https://feedsoft.ai/events/15831-malaysia-able-to-meet-global-demand-for-palm-oil-following-indonesia-s-export.md) | +8.6% | -1.2% |
| PALMOIL | 2019-12-21 | [CPO export tax unlikely to affect EU demand, says Malaysian Palm Oil Council CEO \| Malay Mail](https://feedsoft.ai/events/55458-cpo-export-tax-unlikely-to-affect-eu-demand-says-malaysian-palm-oil-council-ceo.md) | +1.2% | +6.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/why-malaysia-is-considering-ban-palm-oil-exports-european-union-2023-01-13/

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