More than 90000 tonnes of rubber were exported to seven countries until November this year, according to Myanmar Rubber Planners and Producers Association.
“In this financial year, we exported up to 90000 tonnes until November. Now we have started planning to export to China, Malaysia, Indonesia, Korea, Japan, Singapore and India which are our previous destinations through border trade,” said an MRPPA official.
75percent of rubber production is exported to China as well as Malaysia, Indonesia, Singapore, Korea, Japan and India.
As from 2018-2019 FY to 2022-2023 FY, revenue from rubber export is between US$250million and $450million on average.
The total rubber plantation acre is over 1.64million throughout the country and production acre is about 950,000 while average yearly yield is around 400,000 tonnes, according to statistics.
In Myanmar, Mon State is the largest rubber producer while the second largest is Tanintharyi Region and the third largest is Kayin State. Rubber is also grown in Bago Region, Yangon Region, Ayeyawady Region, Shan State, Kachin State, upper Sagaing Region and Rakhine State. MT/ZS