KUALA LUMPUR, Jan. 13 (Xinhua) -- Malaysia's natural rubber production decreased by 11.8 percent to 28,048 tonnes in November 2022 from 31,795 tonnes in the previous month, official data showed Friday.
The year-on-year comparison also showed that the production of natural rubber fell 8 percent from 30,493 tonnes a year ago, the Department of Statistics Malaysia said in a statement.
Exports of Malaysia's natural rubber amounted to 51,104 tonnes in November, an increase of 23 percent as against 41,548 tonnes in October 2022.
China remained the main destination for Malaysia's natural rubber exports.
The export performance was contributed by natural rubber-based products such as gloves, tires, tubes, and rubber threads, etc.
Gloves, which were the main exports of rubber-based products, saw its export value decrease by 5 percent from 1.13 billion ringgit (260 million U.S. dollars) in October to 1.1 billion ringgit (253 million dollars) in November.
Total stocks of natural rubber in November dropped by 1.4 percent to 195,353 tonnes as compared to 198,181 tonnes in October. ■