SunSirs: Cambodia's Rubber Exports Increased by 3.5% in the First Nine Months
October 23 2023 09:43:08
According to the latest report from the General Administration of Rubber in Cambodia, QinRex found that Cambodia exported 242304 tons of rubber in the first nine months of 2023, an increase of 3.5% from 234100 tons in the same period last year.
The report states that the country received $320.5 million in revenue from rubber exports in the first nine months, a decrease of 9.8% from $355.6 million in the same period last year; The average cost of exports is 1323 US dollars per ton, approximately 196 US dollars lower than the same period last year.
The country's rubber is mainly exported to Malaysia, Vietnam, Singapore, and China.
As of now, Cambodia has a total of 404578 hectares of rubber plantations, of which 315332 hectares or 78% can be harvested.
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