KUALA LUMPUR: Malaysia is targeting to export 75 billion ringgit ($18.2 billion) worth of palm oil and palm-based products this year, the commodities minister said on Tuesday.
This is an increase from 72.8 billion ringgit in 2020, minister Khairuddin Aman Razali said during a press conference.
Malaysia is the world's No.2 palm producer and exporter.
"For the timber sector, we are targeting 23 billion ringgit. For the rubber sector we target a 6% growth," he added.
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