Cambodia’s rubber exports up 37 pct in 11 months of 2013

Cambodia exported 66,800 tonnes of dry rubber in the first 11 months of 2013, earning 154 million USD, up 37 percent and 8 percent respectively.
Cambodia exported 66,800 tonnes of dry rubber in the first 11 months of 2013, earning 154 million USD, up 37 percent and 8 percent respectively.

In November alone, the country shipped 3,900 tonnes worth 8.5 million USD, according to the latest statistics released by the Cambodian Ministry of Commerce.

The ministry attributed the rubber export growth to recovering demands in the world market, especially in China – the globe’s largest natural rubber consumer.

Cambodian Rubber Association President Mok Kimhong said that the export price of the country’s dry rubber stands at 2,300 USD per tonne and its major consumers are Malaysia, Thailand, Vietnam and China.

In 2012, Cambodia exported 54,530 tonnes of dry rubber to those countries, earning 158 million USD.

According to the Ministry of Agriculture, the country has about 280,350 ha covered with rubber trees, of which 55,000 ha are old enough to be yielded.-VNA

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