KUALA LUMPUR, Malaysia (June 12, 2012)—Malaysia's production of natural rubber declined in April. April's production of NR was recorded at 60,888 metric tons, down by 7 percent from a year ago and down by nearly 10 percent from the March figure.
Exports totaled 65,778 tons, down by 33 percent from a year ago, but also down by 6 percent compared with the previous month.
Standard Malaysian Rubber contributes 94.8 percent from the total exports where 52.2 percent comprised of SMR 20.
The main destination for exports of NR were the People's Republic of China (40.2 percent), followed by Federal Republic of Germany (13.6 percent), Republic of Korea (4.5 percent), Brazil (3.9 percent), Portugal (3.4 percent), U.S.A. (2.9 percent), the Netherlands (2.8 percent), Finland (2.3 percent) and United Kingdom (2 percent). The total exports to these countries accounted for 75.6 per cent of the overall NR exports.
If exports fell substantially, imports grew by the same percentages. In April, Malaysia imported 61,245 tons of NR, up by 32.6 percent on the year-before figure. NR was imported mainly from Thailand (65.8 percent), followed by Vietnam (8.3 percent), Philippines (5.4 percent) and Myanmar (3.5 percent).