KUALA LUMPUR: Malaysia’s rubber export to China rose 80 per cent to RM6.6 billion or 875,000 tonnes last year.
Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the share percentage of rubber exports to China also increased to 73 per cent last year, compared to 66 per cent in 2016.
He said this success was due to the promotional efforts (via magazines, rubber conferences and the media) in several strategic markets, including Iran, which is now Malaysia’s third largest rubber export market, valued at RM250 million in 2017. “The Japanese market also recorded similar success, thus making Malaysia the world’s fifth largest rubber producer after Indonesia, Thailand, Vietnam, India and China.
Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong says the share percentage of rubber exports to China increased to 73 per cent last year. File pic by AIZUDDIN SAAD.
“Based on estimates, rubber plantations in the country now span a million hectares, which is 90 per cent of the target with a total export value of RM32 billion,” he said, adding that the Malaysian Rubber Board has played an active role in increasing Malaysia’s natural rubber export, especially in terms of promotion.
Mah was responding to a question from Dr Mansor Abdul Rahman (BN-Sik) during the Minister’s Question Time in the Dewan Rakyat today.
Mansor had asked on the ministry’s efforts to increase the volume of rubber exports overseas and the breakdown of export values as at the end of last year.
Mah said the government has enacted the National Commodity Policy (2011 - 2020), which outlined the strategies and actions to be taken to ensure rubber commodity contributes significantly to the country’s economy.
Reports by MOHD ANWAR PATHO ROHMAN, NOR AIN MOHAMED RADHI, LUQMAN ARIF ABDUL KARIM, FARHANA SYED NOKMAN AND AHMAD SUHAEL ADNAN © New Straits Times Press (M) Bhd