Cambodia Earns Over 445 Million USD From Rubber Exports In First 11 Months

Cambodia Earns Over 445 Million USD From Rubber Exports In First 11 Months

PHNOM PENH, Dec 16 (NNN-AKP) – Cambodia exported 334,176 tonnes of dry rubber, in the first 11 months of this year, up 3.6 percent from 322,586 tonnes over the same period last year, said a report from the General Directorate of Rubber, yesterday.

The country made 445.4 million U.S. dollars in revenue, from exports of the commodity, during the Jan-Nov period this year, down 4.4 percent from 465.8 million dollars over the same period last year, the report said.

“A tonne of dry rubber averagely cost 1,333 U.S. dollars, during the first 11 months of this year, about 111 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 country exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

Cambodia has so far planted rubber trees on a total area of 407,172 hectares, in which, the trees on 320,184 hectares, or 78.6 percent, are old enough to be tapped, the report said.– NNN-AKP

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