KUALA LUMPUR, March 4 (Bernama) -- The Ministry of Plantation and Commodities (MPC) aims to consolidate RM32.8 billion in total timber exports by 2030 under the National Agri-Commodity Policy 2030 (DAKN 2030) and the New Industrial Master Plan (NIMP) 2030.
Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad said Malaysia’s timber and wood-based product exports are valued at over RM20 billion annually, with wooden furniture now accounting for 43 per cent of total timber exports.
“To achieve the target, the ministry is working closely with our agencies, including the Malaysian Timber Industry Board (MTIB), the Malaysian Timber Council (MTC), and the Malaysian Timber Certification Council (MTCC).
“Together, we are resolute in our support of the industry in accessing new markets, adopting sustainable practices and elevating the quality of Malaysian furniture,” she said in her opening speech at the Malaysian International Furniture Fair (MIFF) 2026 opening ceremony, here today.
MPC deputy secretary-general Datuk Razali Mohamad delivered Noraini’s speech.
She also said Malaysia’s wooden furniture exports have grown, reflecting the industry’s sheer resilience and adaptability amid an increasingly competitive global environment.
“Malaysian-made furniture continues to be highly sought after in key markets such as the United States, the Middle East, Australia and across ASEAN.
“This is a clear testament to the quality, craftsmanship, and reliability that define our local manufacturers,” she said.
She added that the timber industry’s exceptional performance has reinforced its position as the third-largest contributor to Malaysia’s commodity exports.
MIFF 2026 is taking place from March 4 to 7, 2026, at the Malaysia International Trade and Exhibition Centre and the World Trade Centre Kuala Lumpur.
The event will span 100,000 square metres of exhibition space and feature more than 700 exhibitors and 20,000 buyers from 140 countries and regions.
On Jan 29, MIFF 2026 said it targets US$1.31 billion in on-site orders (US$1 = RM3.93), supported by favourable currency movements.
-- BERNAMA