Rubber exports in Cambodia increased 47 % in first half of 2015

rubber-tree

Cambodia saw a 47 % rise in rubber exports in the first half of 2015.

According to the Ministry of Commerce exports were 61,969 tons of dry rubber, an increase from 42,189 tons over the same period last year.

During the January-June period this year, the Southeast Asian country earned a gross revenue of 84.2 million U.S. dollars from the export of dry rubber, up 12 % from 75 million U.S. dollars over the same period last year, the figures said.

A ton of the best quality rubber goes for about 1,533 U.S. dollars on the international market on Monday, down 17 % from 1,848 U.S. dollars at this time last year.

Rubber has been sold to Malaysia, Vietnam, China, South Korea, and European countries.

According to the Ministry of Agriculture, by 2014, Cambodia has planted rubber trees on the area of around 357,809 hectares.