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Timber exports reach RM9.4 bln for January-June 2026

KUALA LUMPUR: Malaysia’s timber industry continues to contribute significantly to exports, reaching RM9.4 billion between January and June 2026, while its average annual export value exceeds RM20 billion.

Timber exports reach RM9.4 bln for January-June 2026

Malaysia's timber industry has seen significant growth in exports, reaching RM9.4 billion from January to June 2026, with an average annual value exceeding RM20 billion. The industry has evolved beyond timber production and processing to include furniture, doors, flooring, building components, interior finishes, and lifestyle products.

Agarwood, derived from the karas tree, is a high-value commodity used in essential oils, fragrances, and premium products due to its unique aroma. Over two million karas trees have been planted nationwide, and the industry aims to develop a more organized agarwood sector, moving from raw material export to essential oils, fragrances, and premium brand products.

Minister Datuk Seri Dr Noraini Ahmad emphasized that the development of the industry should benefit the entire value chain, from growers and distillers to artisans, manufacturers, brand owners, and exporters. By combining natural resources with artisanal skills, innovation, design, and branding, Malaysian agarwood can establish itself as a key identity for the nation.

The Road to OWA initiative showcases local heritage and skills through high-value product production, aiming to reach wider markets.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at nst.com.my →

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