Newly-minted Minister of Primary Industries YB Teresa Kok was given a briefing today by the Malaysian Rubber Board, Malaysian Rubber Export Promotion Council and LGM Properties Corp. on their respective roles and issues.
Malaysia is proud to be known as an exporter of high quality natural rubber and rubber products.
The world consumption for natural rubber was 13.225 mil tonne in 2017 and for the same year, Malaysia produced 740,000 tonne of natural rubber.
In 2017, Malaysia’s export for the rubber industry increased by RM7.97 bil or 24% compared with 2016’s export earnings of RM41.23 bil.
