Malaysia Records US$95 Million In Floriculture Export Last Year

KOTA BHARU (Malaysia), June 4 (Bernama) -- Malaysia’s floriculture industry, especially orchids which is one of the high value products that has a concentrated market demand, recorded an export value of RM417.3 million (about US$95 million) in 2021 compared to RM403.0 million in the previous year. Deputy Minister of Agriculture and Food Industry I Ahmad Hamzah said in 2021, the national flower production was estimated at 414 million cuttings or vases , valued at RM270 million. He said the agenda to increase export and targeted products, such as increasing market growth and development of high value products were among the strategies focused on in the National Agro -Food Policy 2.0. “Hence, the growing demand of the floriculture industry in the global market will definitely provide an opportunity for local producers to continue to explore and develop new market opportunities. “This will further drive the country's economic growth in terms of income generation, and provide an positive spillover effects to various other sectors," he said when opening the Orchid, Flora and Herbal Festival 2022 at the Kota Bharu Rural Transformation Centre (RTC) here Friday’s night. -- BERNAMA