Close this search box.

Advertisement here

Cambodia Recorded 1.8 Percent Rise In Rubber Export Last Year

PHNOM PENH, Cambodia exported 372,900 tonnes of dry rubber in 2022, an increase of 1.8 percent from 366,300 tonnes a year earlier, a General Directorate of Rubber reported, yesterday.

The kingdom made 527.7 million U.S. dollars in revenue from exports of the commodity last year, down 12 percent from 600.7 million dollars in the year before, the report said.

“A tonne of dry rubber averagely cost 1,415 U.S. dollars in 2022, about 225 dollars lower than that of 2021,” 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 404,578 hectares, in which the trees on 315,332 hectares, or 78 percent, are old enough to be tapped, the report said.