Asia’s largest importer of Palm oil country is, accounting 15% of global imports?

  • A. Pakistan
  • B. Malaysia
  • C. India
  • D. Germany

Correct Answer: C. India

Edible oil trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh, and Nepal, announced the setting up of the Asian Palm Oil Alliance (APOA). The main purpose is to collecting bargaining power and make imports sustainable. Indonesia and Malaysia are the biggest palm oil exporters in the world. India is the largest importer of palm oil in Asia, accounting for 15% of global imports, followed by China (9%), Pakistan (4%), and Bangladesh (2%).

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