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Malaysia sets an export target of $7.77 billion for timber and timber products by 2030

Posted on April 11, 2022   |  

  • Malaysia’s Minister of Plantation Industries and Commodities fixed an export value of RM$32.8 billion ($7.77 billion) for the timber and timber products industry to reach by 2030.
  • The timber industry is the 3rd highest contributor to the country’s agro-commodity sector, with an export value of timber and timber products reaching $22.74bn ($5.38bn) in 2021.
  • In that export value, Sarawak contributed 15%, with the major exports being plywood, timber, and fibreboard.