The economical history of the Palm Oil began in the rain forests of Western Africa in the late 19th century. Since its introduction into Malaysia in the early 20th century until the early 60s, its impact on the economy was marginal. For many years the economy of Malaysia had depend for its wealth & prosperity upon Rubber. In 1961, Malaysia embarked on an intensive agriculture diversification program, and the crop that has achieved the most notable success since then is Palm Oil. Within a relatively short period, Malaysia become the world's largest commercial producer & exporter of Palm Oil in 1966. Diversification into Palm Oil means that the country is now less dependent on the fortunes of Rubber as a plantation crop.
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