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Uggah To Lead Timber & Palm Oil Promotion Mission To Netherlands, Belgium
Uggah To Lead Timber & Palm Oil Promotion Mission To Netherlands, Belgium
05/12/2014 (Bernama) - The Minister of Plantation Industries and Commodities, Datuk Amar Douglas Uggah Embas will be leading a timber and palm oil promotion mission to The Netherlands and Belgium from Dec 8-10.
The ministry said in a statement today the mission was to strengthen bilateral trade in palm oil and timber based products, as well as discuss possible areas of collaboration between Malaysia's private sector and the two countries.
The Netherlands is a major export destination for commodity products, with palm oil and palm based products exported from Malaysia valued at RM6.017 billion in 2014, and this accounted for 9.5 per cent of the total global exports of these products.
Other commodity products exported to The Netherlands included rubber and rubber based products worth RM320 million, followed by timber and timber based products (RM301.5 million), cocoa products (RM58 million) and pepper products (RM4.4 million).
In the case of Belgium, the total commodity products exported in 2013 was valued at RM723 million.
"Among the commodity products, the major export products were rubber and rubber products valued at RM387.6 million, palm oil products (RM160.3 million), and timber and timber based products (RM175.1 million)," it said.
The European Union is the second largest export destination for palm and palm oil based products, with a total export value of RM9.25 billion while rubber and rubber based products were worth RM5.54 billion, timber and timber products (RM1.81 billion), cocoa and cocoa products (RM381.4 million) and pepper products (RM15.3 million).
The delegation will comprise representatives from the ministry, Malaysian Palm Oil Board, Malaysian Timber Industry Board, Malaysian Palm Oil Council, Malaysian Timber Council, Malaysian Timber Certification Council, and the private sector.
The ministry said in a statement today the mission was to strengthen bilateral trade in palm oil and timber based products, as well as discuss possible areas of collaboration between Malaysia's private sector and the two countries.
The Netherlands is a major export destination for commodity products, with palm oil and palm based products exported from Malaysia valued at RM6.017 billion in 2014, and this accounted for 9.5 per cent of the total global exports of these products.
Other commodity products exported to The Netherlands included rubber and rubber based products worth RM320 million, followed by timber and timber based products (RM301.5 million), cocoa products (RM58 million) and pepper products (RM4.4 million).
In the case of Belgium, the total commodity products exported in 2013 was valued at RM723 million.
"Among the commodity products, the major export products were rubber and rubber products valued at RM387.6 million, palm oil products (RM160.3 million), and timber and timber based products (RM175.1 million)," it said.
The European Union is the second largest export destination for palm and palm oil based products, with a total export value of RM9.25 billion while rubber and rubber based products were worth RM5.54 billion, timber and timber products (RM1.81 billion), cocoa and cocoa products (RM381.4 million) and pepper products (RM15.3 million).
The delegation will comprise representatives from the ministry, Malaysian Palm Oil Board, Malaysian Timber Industry Board, Malaysian Palm Oil Council, Malaysian Timber Council, Malaysian Timber Certification Council, and the private sector.