Myanmar's rubber export strategy targets 350,000 tons for the next fiscal year
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March 14, 2024, 3:02 PM According to the latest data from the Myanmar Rubber Planting Association, Myanmar's rubber exports this fiscal year (2023-2024) will reach more than 150,000 tons, showing the strong growth momentum of the country's rubber industry.
It is understood that Myanmar's rubber is mainly exported to Asian countries such as China, Singapore, Indonesia, Malaysia, South Korea, Japan, India, and Vietnam, of which China accounts for 75% of the total exports, highlighting China's role in the global rubber market. important position. Myanmar's rubber exports are mainly carried out through two routes: normal trade and border trade.