Myanmar exports 40,000 tonnes of rubber from April to July FY17

August 9, 2017

rubber-1Between April 1 to July 28 this fiscal year, Myanmar has exported 10,000 tonnes of rubber via sea route and more than 30,000 tonnes via border trade.

This year Myanmar is exporting rubber to six countries, with most of the exports going to China, Malaysia and Japan, according to the Commerce Ministry.About 75% of rubber export is from Muse 105th Mile border trade camp and Chinshwehaw border trade camp on China-Myanmar border.

From July 22 to 28, Myanmar exported 1,055 tonnes of rubber worth US$1.352 million inland — 108 tonnes of RSS-3 rubber and nine tonnes of RSS-5 rubber via Muse border trade zone, 358 tonnes of RSS-3 rubber and 93 tonnes of MSR-20 rubber via Chinshwehaw border trade camp, and 106 tonnes of rubber latex via Tachilek border trade camp.

From July 23 to 28, Myanmar exported 479 tonnes of rubber worth US$654,000 via sea route — about 81 tonnes of TSR-20 to China, 247 tonnes of TSR-20 rubber to South Korea, and 151 tonnes of MSR-20 to Japan.

There are more than 90 rubber exporting countries around the globe, with Asian countries accounting for 80% of the world rubber export, while African countries export 8.5%.

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International Rubber Prices

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals

Source: India Rubber Board


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