Cambodia's rubber exports surge 46 pct in 10 months

Cambodia’s dry rubber exports saw a 46 percent rise in the first ten months of 2013 thanks to rising global demand, according to a report by the Commerce Ministry.
Cambodia’s dry rubber exports saw a 46 percent rise in the first ten months of 2013 thanks to rising global demand, according to a report by the Commerce Ministry.

The country shipped 62,915 tonnes of dry rubber during the January-October period, earning total revenues of 146 million USD, up 16 percent from 126 million USD at the same time last year.

In October alone, the nation exported 6,700 tonnes of dry rubber, bringing in 14.5 million USD.

Cambodia expects to export 75,000 tonnes of rubber this year, said Cambodian Rubber Association President Mok Kimhong, adding that a tonne of dry rubber is sold at about 2,300 USD.

The country’s rubber has been sold to Malaysia, Thailand, Vietnam, and China, he said.

Last year, Cambodia shipped 54,530 tonnes of dry rubber to those countries, earning 158 million USD.

It has planted rubber trees on the area of 280,350 hectares, and about 55,000 hectares of them are old enough to be yielded, according to the Ministry of Agriculture.-VNA

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