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    Home > Food News > Food Articles > Myanmar's rubber exports fell in September

    Myanmar's rubber exports fell in September

    • Last Update: 2022-10-31
    • Source: Internet
    • Author: User
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    According to the Ministry of Commerce and Trade of Myanmar, in September 2022, more than 8,800 tons of rubber were exported through shipping and border, compared with the same period in previous years, the export volume of rubber in September this year fell by about
    3,500 tons.
    From September 1 to September 30, 2,460 tons of rubber were exported by sea, with an export value of $3.
    572 million, and more than 6,350 tons of rubber were exported through the border, with an export value of $8.
    423 million
    .
     
    In the fiscal year 2020-2021, Myanmar's rubber raw material exports earned foreign exchange revenue of US$449 million, US$185 million
    more than the same period in previous years.
    In fiscal 2019-2020, rubber exports earned foreign exchange revenue of US$264.
    442 million
    .
    Myanmar rubber is mainly planted in the southern Mon and Kayin states
    .
    In addition, it is also cultivated
    in Yangon, Bago and Taninthdayi provinces.
     
    According to the data, about 500,000 acres of rubber are planted in Mon State, of which 300,000 acres of rubber production raw materials are exported
    abroad.
    80% of farmers in Mon State tap rubber
    in their respective rubber plantations after a bumper rice harvest.
     
    Myanmar produces about 200,000 tons of rubber every year, of which more than 90% will be exported
    abroad.
    It is reported that the annual demand for rubber raw materials in Myanmar is only about
    8%.
    Myanmar's natural rubber mainly goes abroad to neighboring countries, followed by Singapore, Indonesia, Malaysia, Japan and other countries
    .
     
    At present, it is the rubber tapping season, affected by the market price of rubber raw materials, the rubber plantation can not pay high salaries, most of the local professional rubber tapping workers choose to work
    abroad in order to earn more money.
    Because there are no local workers to work, rubber merchants can only recruit workers
    from other places from the Internet.
     
    In addition to the difficulty of recruiting workers, rubber farmers are also very headache
    due to the doubling of fertilizer prices.
    At present, the price of a bag of fertilizer for only 35,000 kyats in previous years has risen to about
    100,000 kyats.
    Because they cannot afford expensive fertilizers, farmers can only buy cheap fertilizers and natural organic fertilizers
    such as sheep manure.
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