Cambodia Makes 1.2 Billion USD From Exports Of Raw Cashew Nuts, Rubber In 10 Months

Cambodia Makes 1.2 Billion USD From Exports Of Raw Cashew Nuts, Rubber In 10 Months

PHNOM PENH, Nov 30 (NNN-AKP) – Cambodia earned a total of 1.2 billion U.S. dollars, from the exports of raw cashew nuts and dry rubber, during the first 10 months of this year, according to official reports, yesterday.

A report from the Cashew Nut Association of Cambodia, showed that, the kingdom exported a total of 615,000 tonnes of raw cashew nuts to Vietnam, during the Jan-Oct period this year, down 16.7 percent year-on-year.

The country made 831 million dollars in revenue from the exports of the commodity.

Meanwhile, the General Directorate of Rubber reported that, Cambodia exported 283,829 tonnes of dry rubber in the first 10 months of this year, an increase of three percent, compared to the same period last year.

The kingdom earned 376.6 million dollars from the exports of dry rubber during the above-mentioned period, down 7.3 percent year-on-year, the report added.

“A tonne of dry rubber averagely cost 1,327 dollars during the Jan-Oct period of 2023, about 154 dollars lower than that of the same period last year,” Him Oun, director general of the General Directorate of Rubber, said in the report.

Cashew nuts and rubber are among Cambodia’s potential cash crops, in addition to rice.– NNN-AKP

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