Cambodia exports rubber worth almost 255 mln USD in 7 months of 2022
Aug 13, 2022
Phnom Penh [Cambodia], August 13: Cambodia exported 161,562 tons of dry rubber in the first seven months of 2022, a slight drop of 0.3 percent year-on-year, said a General Directorate of Rubber report on Friday.
The kingdom earned 254.8 million U.S. dollars in revenue from exports of the commodity during the January-July period this year, down 6 percent from 271 million dollars over the same period last year, the report said.
"A ton of dry rubber averagely cost 1,577 dollars during the first seven months of 2022, about 95 dollars lower than that of the same period last year," Him Oun, director general of the General Directorate of Rubber, said in the report.
The Southeast Asian nation exports the commodity mainly to Malaysia, Vietnam, Singapore and China.
Cambodia has so far planted rubber trees on a total area of 404,044 hectares, in which the trees on 310,193 hectares, or 77 percent, are old enough to be tapped, the report said.
Source: Xinhua
