Myanmar earns $102 million in rubber exports

rubberMyanmar has earned more than $102 million in raw rubber exports, up from $94 million last year, according to the Ministry of Commerce.

According to export earnings published for the period from April 1 to October 11 this year, more than 40,000 tonnes of raw rubber has been exported. However, the heavy monsoons this year have hampered production.

“This year’s heavy monsoon delayed the regular production of rubber in many plantations,” said Khine Myint, secretary for the Myanmar Association of Rubber Producers.

Some exporters say they actually earned less due to the price devaluation of rubber in international markets.

Myanmar exports raw rubber mainly to China as well as to other countries such as Singapore, Malaysia, Indonesia, Vietnam, South Korea and India across sea and land routes.



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Myanmar has earned more than $102 million in raw rubber exports, up from $94 million last year, according to the Ministry of Commerce. According to export earnings published for the period from April 1 to October 11 this year, more than 40,000 tonnes of raw rubber has been exported. However, the heavy monsoons this year have hampered production. "This year’s heavy monsoon delayed the regular production of rubber in many plantations," said Khine Myint, secretary for the Myanmar Association of Rubber Producers. Some exporters say they actually earned less due to the price devaluation of rubber in international markets. Myanmar...

rubberMyanmar has earned more than $102 million in raw rubber exports, up from $94 million last year, according to the Ministry of Commerce.

According to export earnings published for the period from April 1 to October 11 this year, more than 40,000 tonnes of raw rubber has been exported. However, the heavy monsoons this year have hampered production.

“This year’s heavy monsoon delayed the regular production of rubber in many plantations,” said Khine Myint, secretary for the Myanmar Association of Rubber Producers.

Some exporters say they actually earned less due to the price devaluation of rubber in international markets.

Myanmar exports raw rubber mainly to China as well as to other countries such as Singapore, Malaysia, Indonesia, Vietnam, South Korea and India across sea and land routes.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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