Malaysia’s exports of rubber products jump to nearly RM41b in 2020

The strong performance in exports was contributed by the spike in exports of latex goods which posted a year-on-year growth of 95.3% last year.

KUALA LUMPUR: Malaysia’s rubber products surged to a record of RM40.96bil in 2020 due to the spike in exports of latex goods mainly medical devices such as gloves and catheters due to the Covid-19 pandemic.

In a statement on Wednesday, Malaysian Rubber Council (MRC) chief executive officer Brandon Chan said last year’s exports surged by 75.6% from 2019.