Myanmar's rubber export revenue 102 million US dollars

It is reported that Myanmar's rubber raw material export revenue exceeds 102 million US dollars, more than last year's 94 million US dollars. From the point of view of export earnings from April 1st to October 11th, the export volume of rubber raw materials has exceeded 40,000 tons. However, monsoonal rainfall this year has seriously affected rubber production.

Khine Myint, secretary of the Myanmar Rubber Producers Association, said that this year’s severe monsoon rains have delayed the rubber production period in many rubber parks.

Some exporters said that because of the low price of international glue, they actually earned less. Myanmar rubber is mainly exported to China and also exported to Singapore, Malaysia, Indonesia, Vietnam, South Korea, India and other countries via sea or land transport.

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