Peanut (groundnut) Oil Prices in Malaysia
| Variety | Market level | Price (US$/kg) | Local (MYR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.84 | 8.33 | ▼ 3.7% | ▲ 8.9% | World Bank Pink Sheet |
| - | Export (unit value) | 4.83 | 21.90 | ▼ 1.3% | ▼ 1.3% | UN Comtrade (unit value) |
As of June 2026, the peanut (groundnut) oil price in Malaysia available is US$ 4.83 per kg (21.90 MYR), down 1.3% year-on-year.
Malaysia exported 2 tonnes of peanut (groundnut) oil in 2024, valued at US$9,990, ranking 28th out of 47 exporters and accounting for 0.0% of global exports. Export volume declined by 96.2% year-over-year. The latest export unit value is US$4.8263 per kg. Malaysia is a net exporter of peanut oil.
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Peanut (groundnut) Oil Price History & Trend
Global benchmark (world reference) price for peanut (groundnut) oil, US$ per kg.
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Production, Exports, Imports & HS Codes - peanut (groundnut) oil in Malaysia
Malaysia exported 2 tonnes of peanut (groundnut) oil in 2024, valued at US$9,990, ranking 28th out of 47 exporters and accounting for 0.0% of global exports. Export volume declined by 96.2% year-over-year. The latest export unit value is US$4.8263 per kg. Malaysia is a net exporter of peanut oil.
Exports UN Comtrade · 2024
In 2024, Malaysia exported $10K (2 t) of peanut (groundnut) oil▼ 96.2% YoY. That ranks #28 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top peanut (groundnut) oil exporters worldwide UN Comtrade · 2024
- #1 India $339.1M · 63.3%
- #2 Brazil $88.7M · 16.6%
- #3 Nicaragua $29.1M · 5.4%
- #4 Netherlands $22.2M · 4.2%
- #5 Argentina $21.9M · 4.1%
Annual export data Malaysia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $10K | 2 t | $4.89 |
| 2023 | $265.6K | 80.7 t | $3.29 |
| 2022 | $515.8K | 163.9 t | $3.15 |
| 2021 | $188.2K | 61.5 t | $3.06 |
| 2020 | $314.6K | 123 t | $2.56 |
HS Code
peanut (groundnut) oil is traded under Harmonized System code 1508.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.