Due to decline in domestic production, natural rubber export dropped by 59% to 480 tonnes in October this year in oppose to its 1,145 tonnes from same month last year.
Total exports of rubber during April-October period in current year has fallen by 54% to 3,975 tonnes against 8,611 tonnes in the same period a year ago.
Production of natural rubber dropped by 7.3% to 83,000 tonnes during October in the current year against 89,500 tonnes in the same period last year.
Similarly, consumption of natural rubber has also come down by 3.57% to 80,500 tonnes in October this year from 83,485 tonnes last year.