Cambodia earned more than $77 million from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF).

Last year, Cambodia obtained more than $611 million from rubber and rubberwood exports. The country exported 366,300 tonnes of rubber and 454 cubic metres of rubberwood during the year.

A report of the MAFF’s General Department of Rubber (GDR) showed that the total revenue of rubber and rubberwood export reached $77.23 million as of February, of which 76.87 million was from rubber and the rest from rubberwood.

In terms of export volume, as of February, Cambodia exported 48,509 tonnes of rubber, an increase of 2,536 tonnes, equivalent to 6 percent compared to the same period last year.

The average selling price of rubber was $1,585 per tonne as of February, a decline of 0.1 percent against last year’s figure.

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Author: VNA

Source: Khmer Times

Publication date: 27 March 2022