Rubber sector urged to adapt to cope with global challenges

Thailand is the world's leading producer of rubber, with natural rubber output reaching 4.8 million tonnes last year, accounting for 33% of global production, according to the Trade Policy and Strategy Office. (Photo supplied)

Rubber farmers, entrepreneurs and exporters are being advised to swiftly adapt to various challenges, including geopolitical conflicts and environmental measures that may impact agricultural trade, as well as European Union (EU) laws regarding products and deforestation.

Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said Thailand is the world's leading rubber producer, with natural rubber production reaching 4.8 million tonnes last year, accounting for 33% of global output. Thailand ranks second in rubber exports and products, behind China.