PHNOM PENH, Dec. 2 (Xinhua) -- Cambodia has seen a 61 percent rise in the exports of rubber latex in the first ten months of this year, compared with the same period last year, showed the statistics of the Ministry of Commerce on Friday.
It said, from January to October this year, the country had exported a total of 37,700 tons of rubber latex, 61 percent rise from 23,350 tons at the same period last year.
The country earned the total revenues of 171 million U.S. dollars during the first ten months of this year, up 171 percent from 63 million U.S. dollars it earned at the same period last year.
Cambodia’s rubber latex has been exported to Malaysia, Vietnam, China and South Korea.
Rubber was among the top priority crops that Cambodian government set to develop. In the future, the crop would be the second leading income earner after rice paddy, the Prime Minister Hun Sen said on Nov. 23 during the 16th Government-Private Sector Forum.
Currently, the country has grown about 210,000 hectares of rubber plantations, most of them are young crops, which have not yet yielded, according to the statistics of the Agriculture Ministry’s Rubber Department.
Vietnam is the leading country investing in rubber plantations in Cambodia with up to 100,000 hectares of concessional land.
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