Indonesia keeps natural rubber exports at last year's level
Nov 09, 2021
According to analysts, the export of natural rubber from Indonesia in 2021 will remain at the same level as in 2020 - 2.45 million tons.
This was announced by Erwin Tunas, executive director of the Indonesian rubber industry association (Gapkindo).
Indonesia, the world's second-largest exporter of natural rubber, sees continued declines from its peak of 3.26 million tonnes in 2017. This is happening against the backdrop of a decrease in the production of raw materials.
According to the Gapkindo Association, in the period from January to September, Indonesia shipped 1.82 million tons of natural rubber, which is 0.97% more than in the same period last year (1.8 million tons).
The main buyers of Indonesian rubber are China, the USA and Japan.