City
Epaper

Cambodia earns over 213 million USD from rubber exports in first six months of 2024

By IANS | Updated: July 17, 2024 19:30 IST

Phnom Penh, July 17 Cambodia made 213.3 million US dollars in revenue from exports of dry rubber during ...

Open in App

Phnom Penh, July 17 Cambodia made 213.3 million US dollars in revenue from exports of dry rubber during the January-June period this year, up 8.6 percent from 196.3 million dollars over the same period last year, said a General Directorate of Rubber's report on Wednesday.

The country exported 140,653 tonnes of the commodity in the first half of 2024, a slight increase of 1 percent from 139,220 tons over the same period last year, the report said.

"A tonne of dry rubber averagely cost 1,517 US dollars during the first half of 2024, about 107 dollars higher than that of the same period last year," Khun Kakada, acting-director general of the General Directorate of Rubber, said in the report, according to Xinhua news agency.

The Southeast Asian nation exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

According to the report, Cambodia has so far planted rubber trees on a total area of 407,172 hectares, in which the trees on 320,184 hectares, or 78.6 percent, are old enough to be tapped.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MaharashtraGovind Barge Death: Former Deputy Beed Sarpanch Shoots Self Outside Lover’s House

NationalGujarat govt approves 200 new permanent veterinary dispensaries

CricketShikhar Dhawan and his foundation step up to support Punjab Flood victims

BusinessUS tariffs will have limited impact in FY26, GST reforms to soften the blow: Chief Economic Advisor

BusinessEpique Real Ventures Clinches Two Major Awards, Validates Leadership in Punjab's Real Estate Advisory

International Realted Stories

InternationalSouth Korea: Ex-Defence Minister Lee summoned for questioning next week in Marine death probe

InternationalAustralia approves world-first vaccine to save koalas from chlamydia

InternationalNepal: 27 arrested, curfew extended after Gen Z-led protests turned violent across various regions

InternationalAttack on democratic values: Bihar Minister condemns storming of Nepal’s Pashupatinath Temple during protests

InternationalPakistan: Shahdara residents return to mud-filled homes as floods devastate Punjab