Ministry targets RM9 billion export earnings from cocoa industry this year

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KUALA LUMPUR: The Malaysian cocoa industry contributed RM8.2 billion in export earnings last year, with chocolates alone accounting for RM1.66 billion...

The Malaysian cocoa industry contributed RM8.2 billion in export earnings last year, with chocolates alone accounting for RM1.66 billion.

“The commodity industry supports the livelihoods of approximately one million people along the supply chain, including 450,000 smallholders. In 2023, this sector generated RM102 billion in export revenue,” he said in the launching ceremony of Foods and Drinks Malaysia 2024 by SIAL Network today. “MPB is taking the pepper industry to new heights through the National Agricommodity Policy 2021-2030, intending to get Malaysian pepper in every kitchen and every home, restaurants and supermarkets in Europe, the Middle East, Asia and worldwide,” said Chan.

FDM 2024 is a pivotal event for the food industry, providing a global platform for business owners, industry leaders and innovators to showcase and discover groundbreaking products and technologies.

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