Cambodia's rubber export up 3% in first five months of 2022


Cambodia exports rubber mainly to Malaysia, Vietnam, Singapore and China. - PPP

PHNOM PENH (Xinhua): Cambodia exported 105,048 tonnes of dry rubber in the first five months of 2022, up 3 per cent compared to the same period last year, said a General Directorate of Rubber report on Friday (June 10).

The kingdom earned US$168 million in revenue from exports of the commodity during the January-May period this year, down 1.7 per cent from 171 million dollars over the same period last year, the report said.

"A tonne of dry rubber averagely cost $1,604 within the first five months of 2022, about $71 lower than that of the same period last year," Him Oun, director general of the General Directorate of Rubber, said in the report.

The South-East Asian nation exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

Cambodia has so far planted rubber trees on a total area of 404,044 hectares, in which the trees on 310,193 hectares, or 77 per cent, are old enough to be tapped, according to the report.

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