Cambodia makes over 392 mln USD from rubber exports in first 10 months

0 Comment(s)Print E-mail Xinhua, November 18, 2022
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PHNOM PENH, Nov. 18 (Xinhua) -- Cambodia exported 264,918 tons of dry rubber in the first 10 months, a slight drop of 0.58 percent from 266,470 tons over the same period last year, said a General Directorate of Rubber report on Friday.

The kingdom earned 392.6 million U.S. dollars in revenue from exports of the commodity during the January-October period this year, down 11 percent from 443 million dollars over the same period last year, the report said.

"A ton of dry rubber averagely cost 1,482 U.S. dollars during the first 10 months of 2022, about 181 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 Southeast 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 percent, are old enough to be tapped, the report said. Enditem

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