He cited data from the Rubber Authority of Thailand as saying that this year’s total export of natural rubber is expected to reach 4.27 million tonnes, up 3.41% from last year.
In the first half, Thailand exported 167.2 billion THB worth of natural rubber and rubber products, he added.
Almost half of the exports went to China, which is the largest market for Thailand’s rubber and rubber products, according to him.
Malaysia was second on the list with 10%, followed by the US (7%), Japan (6%), and the Republic of Korea (4%).
The Rubber Authority of Thailand estimated that Thai rubber production this year will total 4.79 million tonnes, up 0.88% from last year.
