Thai rubber export up 4.55 pct in 9 months

Source: Xinhua| 2020-11-12 18:24:12|Editor: huaxia

BANGKOK, Nov. 12 (Xinhua) -- Thailand's natural rubber export registered a 4.55 percent increase during the first nine months of this year, confirmed Department of International Trade Promotion Director General Somdet Susomboon on Thursday.

The export values of the Thai rubber totaled about 8.87 billion U.S. dollars during the first quarter, second quarter and third quarter of this year combined, accounting for a 4.55 percent increase from the corresponding period last year, according to the director general.

The export volumes of the Thai rubber for major world markets, namely Britain and China, rose 92.17 percent and 34.38 percent respectively during the first nine months of this year, Somdet said.

Last month, the department arranged 135 online business matchings between Thai rubber exporting firms and those from 20 importing countries, resulting in 56.97 million U.S. dollars in combined trade value, Somdet said.

Demands for rubber gloves in the global pandemic situation have considerably increased, thus keeping the natural rubber exports rising, he said. Enditem