Cambodia Makes 187 Million USD From Rubber Exports In H1

PHNOM PENH, Jul 26 (NNN-AKP) – Cambodia exported 139,220 tonnes of dry rubber in the first half of 2023, up 2.72 percent from 135,537 tonnes over the same period last year, said a report from the General Directorate of Rubber, today.

The country made 187 million U.S. dollars in revenue from exports of the commodity, during the Jan-Jun period this year, down 13.5 percent from 216.3 million dollars over the same period last year, the report said.

“A tonne of dry rubber averagely cost 1,344 U.S. dollars, during the first semester of 2023, about 252 dollars 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.

The report said, Cambodia has so far planted rubber trees in a total area of 404,578 hectares, in which the trees on 315,332 hectares, or 78 percent, are old enough to be tapped.– NNN-AKP  

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