Tung Oil Prices in Malaysia
| Variety | Market level | Price (US$/kg) | Local (MYR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.76 | 7.97 | ▲ 16.4% | ▲ 16.4% | UN Comtrade (unit value) |
As of June 2026, the tung oil price in Malaysia available is US$ 1.76 per kg (7.97 MYR), up 16.4% year-on-year.
Malaysia is a net exporter of tung oil, ranking #4 among 108 exporters in 2024 with exports totaling US$521,984,736 and 345,887 tonnes, accounting for 7.9% of global exports and showing a 4.2% year-on-year increase. Production reached 106,432 tonnes, placing Malaysia at #5 globally with 4.0% of world output and an 11.1% annual growth. The latest export unit value is US$1.7569 per kg.
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Production, Exports, Imports & HS Codes - tung oil in Malaysia
Malaysia is a net exporter of tung oil, ranking #4 among 108 exporters in 2024 with exports totaling US$521,984,736 and 345,887 tonnes, accounting for 7.9% of global exports and showing a 4.2% year-on-year increase. Production reached 106,432 tonnes, placing Malaysia at #5 globally with 4.0% of world output and an 11.1% annual growth. The latest export unit value is US$1.7569 per kg.
Exports UN Comtrade · 2024
In 2024, Malaysia exported $522M (345.9 kt) of tung oil▲ 4.2% YoY. That ranks #4 worldwide (7.9% of global exports).
Export value by year (US$)
Export volume by year
Top tung oil exporters worldwide UN Comtrade · 2024
- #1 Indonesia $1.84B · 27.8%
- #2 Netherlands $686.5M · 10.4%
- #3 Belgium $567.1M · 8.6%
- #4 Malaysia $522M · 7.9%
- #5 Sweden $355.3M · 5.4%
Annual export data Malaysia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $522M | 345.9 kt | $1.51 |
| 2023 | $500.9M | 320.3 kt | $1.56 |
| 2022 | $632.9M | 340.4 kt | $1.86 |
| 2021 | $497.8M | 327 kt | $1.52 |
| 2020 | $352.3M | 311 kt | $1.13 |
Production FAOSTAT · 2024
Malaysia produced 106.4 kt of tung oil in 2024▲ 11.1% YoY. It ranks #5 among producing countries (4% of world output).
Production by year (tonnes)
HS Code
tung oil is traded under Harmonized System code 1517.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.