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Cambodia exported 107,938 tonnes of natural rubber latex in the first five months of 2023, up 2,690 tonnes or 2.6 per cent year-on-year, although the total value dropped by nearly 14 per cent, according to statistics from the General Directorate of Rubber (GDR) under the Ministry of Agriculture, Forestry and Fisheries.
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) data in “International Merchandise Trade Statistics” bulletins.
Cambodia netted $89.556 million from the export of rubber latex and wood in the first quarter (Q1) of 2023, down nearly one-tenth year-on-year, new data from the General Directorate of Rubber (GDR) showed, as pundits highlighted the extent of the dependence of prices
Cambodia netted $89.556 million from the export of rubber latex and wood in the first quarter (Q1) of 2023, down nearly one-tenth year-on-year, new data from the General Directorate of Rubber (GDR) showed, as pundits highlighted the extent of the dependence of prices for Cambodian rubber on international markets.
A massive, freshly-launched tyre factory, backed by a $300 million investment from Chinese-owned General Tires Technology (Cambodia) Co Ltd, could be the breakthrough that the local rubber and automotive sectors have been waiting for, and potentially act as a type of price stabiliser