Logo of Phnom Penh Post newspaper Phnom Penh Post - Rubber exports grow nearly 24% last year

Rubber exports grow nearly 24% last year

Content image - Phnom Penh Post
The Kingdom exported 233,677 tonnes of rubber with an export value of $311 million during the first 11 months of last year. Heng Chivoan

Rubber exports grow nearly 24% last year

The Kingdom’s rubber exports saw a 24 per cent increase over the first 11 months of last year compared to the same period in 2018, data from the General Directorate of Rubber obtained by The Post on Tuesday showed.

Pol Sopha, the director-general of the General Directorate of Rubber, who declined to comment on the reason behind the jump, told The Post on Tuesday that the Kingdom exported 233,677 tonnes of rubber with an export value of $311 million during the period.

The data also showed that 434,552ha of rubber had been planted in the first 11 months of last year, with more than 230,000ha of rubber having been harvested.

In a bid to increase rubber quality and market prices, the Ministry of Agriculture, Forestry and Fisheries in November last year urged the industry to apply for quality certification.

The General Directorate of Rubber Administration and Legal Department director Khoun Phalla told The Post in early December that the market value of exports would drop if the sector did not register.

He also warned that the rubber industry and market prices may be negatively impacted after Thailand followed through with plans to boost its natural rubber exports.

According to a Ministry of Agriculture, Forestry and Fisheries report, Cambodia exported 210,000 tonnes of rubber worth $300 million in 2018.

MOST VIEWED

  • Archaeologists find ancient remnant

    A team from the Apsara National Authority (ANA) has discovered a gatekeeper statue’s foot fragment at the Tonle Snguot Temple, within a metre of the toe of a statue found in 2017. ANA spokesman Long Kosal told The Post on Wednesday that the fragment was

  • Hun Sen to the rescue

    Cambodia has won praise for allowing passengers of the MS Westerdam cruise ship to dock at Preah Sihanouk port, thanks to Prime Minister Hun Sen’s humanitarian act. In a message via Twitter on Wednesday, the director-general of the World Health Organisation Tedros Adhanom Ghebreyesu

  • EU partially withdraws EBA

    The EU Commission on Wednesday announced the partial withdrawal of the Everything But Arms (EBA) scheme, citing a serious and systematic violation by Cambodia of principles in the four core human and labour rights. The suspension affects one-fifth or €1 billion ($1.08 billion) of Cambodia’s annual

  • PM orders immediate action against ‘sexy’ live streamers

    Prime Minister Hun Sen on Monday ordered immediate action against women who live stream their sales pitches on Facebook wearing revealing clothing. The prime minister said the practice erodes traditional Cambodian values and disgraces women. Hun Sen gave the order to officials attending the Cambodian

  • Trump tweets praise for Kingdom docking ship

    Cambodia continues to earn praise for its humanitarian act of allowing the MS Westerdam cruise ship with more than 2,200 passengers and crew on board to dock at the Preah Sihanouk port. The praise this time comes from none other than US President Donald Trump. “Thank

  • Japan calls for policy changes

    Representatives of Japanese companies and investors on Wednesday submitted a list of policy recommendations to the government concerning 21 challenges to the Kingdom’s business climate. Japanese Ambassador to Cambodia Masahiro Mikami and leaders of the Japanese Business Association in Cambodia (JBAC), Japan International Cooperation Agency