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NEWS

Property Investment Cambodia-Cambodia’s rubber export reach $459 million in 2020

Cambodia is one of the fastest-growing economies in Asia and novice investors with some risk appetite have made great gains here in the past decade-The update was shared yesterday by the Ministry of Agriculture, Forestry and Fisheries, adding that during the year, the export of rubber trees was worth nearly US$24 million.

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Cambodia has in total 401,914 hectares of land surface for rubber plantations, of which 240,811 hectares or 60 percent for industrial rubber, and 161,103 hectares, or 40 percent for household rubber plantations, continued the source.

Some 282,071 tonnes of Cambodian rubber were exported in 2019, an increase of 30 percent from 217,501 tonnes in the year before.

The Kingdom exports rubber mainly to Malaysia, Vietnam, Singapore and China.