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Cambodia’s rubber export up 3pc in 1H of 2022

PHNOM PENH (XINHUA) – Cambodia exported 135,137 tonnes of dry rubber in the first half (1H) of 2022, up three per cent over the same period last year, said a General Directorate of Rubber report yesterday.

The kingdom made USD215.8 million in revenue from exports of the commodity during the January-June period this year, down 2.9 per cent from USD222.4 million over the same period last year, the report said.

“A tonne of dry rubber averagely cost USD1,597 in the first six months of 2022, about USD91 lower than that of the same period last year,” General Directorate of Rubber Director-General Him Oun 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 per cent, are old enough to be tapped, the report said.