SunSirs: Myanmar Plans to Export 350,000 Tons of Rubber in the Fiscal Year 2024-2025
May 09 2024 10:39:32 SunSirs (Selena)
According to foreign media reports on May 6th, officials from the Myanmar Rubber Growers and Producers Association stated on Monday that Myanmar plans to export 350,000 tons of rubber in the 2024-2025 fiscal year starting from April.
The official stated that most of Myanmar's rubber export destinations are China, Malaysia, Indonesia, Singapore, Vietnam, Japan, and India.
He added that the majority of rubber trees in Myanmar grow in Mon State, followed by Derindayi Province, Karen State, Bagu Province, Yangon Province, Irrawaddy Province, Shan State and Kachin State, Sinkyi Province and Rakhine State. With the support of international investment, efforts are being made to improve the quality of rubber and establish production facilities.
Data shows that in the fiscal year 2023-2024, Myanmar exported nearly 200,000 tons of rubber.
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