Cambodia’s rubber exports up in 1st quarter; revenue down

rubber-treeCambodia exported 39,147 tonnes of dry rubber in the first quarter of 2018, which was up by 21% over the same period last year, according to a report released by the General Directorate of Rubber of the country.

The Southeast Asian country earned a gross revenue of US$57 million from exports during the January-March period this year, down 11% over the same period last year, the report said.

The lower revenue was due to the lower price of a tonne of dry rubber that cost an average of US$1,458 in the first quarter of 2018, which is about US$525 lower than that of the first quarter of 2017.

Cambodia exports its rubber to neighbouring countries of Malaysia, Vietnam and China as well as South Korea, and some European countries.

According to the report, Cambodia has 436,812 ha of rubber plantations of which 171,063 ha is mature for harvesting.