Economy: Cambodia to earn more than USD 476 million from rubber exports in 2024

Cambodia earned more than $476 million from the export of rubber products in the first ten months of 2024.

According to the report from the Directorate General for Rubber, revenue from exports in October 2024 amounted to USD 472,033,832, while revenue from rubberwood totalled USD 4,154,932.

In October 2024, the price of rubber was USD 1,621 per tonne, an increase of USD 264 per tonne, equivalent to an increase of 19.43% compared to the same period last year. The average value of rubber exports in October 2024 was USD 229 per cubic metre.

In 2023, Cambodia earned approximately USD 537.9 million from the sale of rubber products, an increase of approximately USD 6.2 million, or 1.2%, compared to 2022.