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

  • Hungarian exposes 90 to Covid in Siem Reap

    The Ministry of Health has discovered 90 people who have been exposed directly or indirectly to a Hungarian man infected with Covid-19. They all are required to quarantine at home and the hospital. The ministry is searching for other affected people. Among the 90, one is the

  • PM warns of ‘new Cold War’

    Prime Minister Hun Sen said the possibility of a so-called new Cold War has become a significant concern and that all countries have to reject outright, any attempt to allow history to tragically repeat itself. He made the remarks in a speech during 75th Session

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped