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Cambodia earn almost $255 million from dry rubber export in first 7 months of 2022

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 in revenue from exports of the commodity during the January-July period this year, down 6 percent from $271 million over the same period last year, the report said. “A ton of dry rubber averagely cost $1,577 during the first seven months of 2022, about $95 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. Xinhua This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily

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