SunSirs: Cambodia's Rubber Exports Increased 1.72% Year-on-year in the First 7 Months

https://www.chemnet.com   Aug 13,2024 SunSirs

According to the latest report from the Cambodian Rubber Authority, Cambodia's rubber exports reached 173,915 tons in the first seven months of 2024, an increase of 1.72% from 170,968 tons in the same period last year.

The report states that the country earned $269 million in revenue from rubber exports in the first seven months, an increase of 12.4% from $239.3 million in the same period last year; The average cost of exports is $1547 per ton, which is about $147 higher than the same period last year.

The country mainly exports rubber to Malaysia, Vietnam, Singapore, and China.

As of now, Cambodia has a total of 407,172 hectares of rubber plantations, of which 320,184 hectares or 78.6% can be harvested.

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