Competitiveness of Malaysia’s Palm-Based Finished Products.
DOI:
https://doi.org/10.21834/ebpj.v7i19.3204Abstract
The palm oil industry is one of the key economic drivers and contributors to Malaysia's national economy. Currently, Malaysian palm oil products are exported to more than 150 countries worldwide. However, the industry faces significant challenges, including labor shortages and declining cultivable lands due to deforestation and environmental degradation concerns. For this purpose, this study aims to assess Malaysia's relative trade competitiveness in palm-based finished products using the Revealed Trade Advantage (RTA). The export of high-value-added downstream products could hopefully help improve the country's export, national income, and overall quality of life.
Keywords: Trade Competitiveness; Sustainable Palm Oil; Revealed Trade Advantage; Income Generation. Â
eISSN: 2398-4287 © 2022. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.