Cambodia records 1.8 pct rise in rubber export last year

0 Comment(s)Print E-mail Xinhua, January 13, 2023
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PHNOM PENH, Jan. 13 (Xinhua) -- Cambodia exported 372,900 tons of dry rubber in 2022, an increase of 1.8 percent from 366,300 tons a year earlier, said a General Directorate of Rubber report on Friday.

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 ton 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 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 404,578 hectares, in which the trees on 315,332 hectares, or 78 percent, are old enough to be tapped, the report said. Enditem

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