Malaysia topples US, Japan imports on edible oil cost

Cooking oil displayed on shelves at a Nairobi supermarket. 

Photo credit: File | Nation Media Group

The runaway palm oil prices have placed Malaysia above Japan and the US in Kenya’s top import markets, with the key raw material delivering costly cooking oil to households.

Official data released Friday show the value of imports from Malaysia more than doubled in the year to March to Sh106.47 billion, making it Kenya’s fifth-largest source of goods from eighth position a year earlier.

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Note: The results are not exact but very close to the actual.