Cambodia earns over $100M from rubber exports in Q1

Cambodia earns over $100M from rubber exports in Q1

Cambodia earned over $116 million from rubber product exports in the first quarter of 2025, up 15 percent compared to the same period last year, according to a report from the General Directorate of Rubber of the Ministry of Agriculture, Forestry, and Fisheries (MAFF) released yesterday.

The report stated that as of March 2025, revenue from rubber exports totalled over $114.935 million, while rubberwood exports contributed more than $1.328 million.

Khun Kakada, Acting Director-General of the General Directorate of Rubber, confirmed in the report that the average selling price of rubber in the first quarter of 2025 was $1,923 per tonne, an increase of $474 per tonne, or 32.7 percent, compared to the same period in 2024, when it was $1,450 per tonne. Meanwhile, the average selling price of rubberwood in March 2025 was $233 per cubic meter.

“Cambodia exported 59,754 tonnes of rubber, marking a decrease of 9,568 tonnes, or 13.8 percent, compared to the same period in 2024. During the same quarter, the country also sold 5,275 cubic meters of rubberwood,” said Kakada.

Cambodia has so far planted rubber trees in a total land area of 425,443 hectares, of which the trees on 330,259 hectares, or 78 percent, are old enough to be tapped. Uninvested rubber land covers 47,001 hectares, or 11 percent of the total. Rubber plantations under economic land concessions cover 176,121 hectares, or 41 percent, while family rubber makes up 202,321 hectares, or 48 percent.

According to the MAFF stated that in 2024, total revenue from rubber product exports reached $671.7 million, an increase of more than $150 million compared to 2023.

khmertimeskh