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

A. Pakistan
B. Afghanistan
C. India
D. Malaysia

Answer

Correct Answer: C. India

Detail About MCQs

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 idea is to gain 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%)