Malaysia currently exports more than 7 billion USD of rubber and rubber products annually, thanks to the momentum from research and development (R&D) and technologies developed by the Malaysian Rubber Board (MRB).
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Source: bernama.com Malaysia's Minister of Agriculture and Commodities, Datuk Seri Johari Abdul Ghani. Photo: nst.com.my Malaysia's Minister of Agriculture and Commodities, Datuk Seri Johari Abdul Ghani, said that although Malaysia currently has to import an average of USD 1.6 billion worth of natural rubber annually due to domestic production not meeting demand, the strong deep processing capabilities and advanced technology have helped the country maintain a high export value. "In terms of planted area, Malaysia has about 1.1 million hectares of rubber, but only about 60% is currently cultivated, while nearly 40% of the rubber plantation area remains untapped," said Johari in his speech at the 100th Anniversary Celebration of Rubber Research. Accordingly, the Ministry of Agriculture and Commodities is committed to bringing about 400,000 hectares of idle land into rubber cultivation to enhance the domestic raw material supply. Johari also said that the domestic natural rubber ...