Sri Lanka’s rubber export earnings rose 7 percent year-on-year (YoY) to US $11.67 billion in the 11 months to November 2024, driven by higher revenues from rubber products, Forbes and Walker Commodity Brokers reported. However, November saw a 1.96 percent YoY decline to US $77.2 million, largely due to a 22.95 percent drop in exports of tyres and tubes. Rubber exports jumped 8.25 percent to US $920.81 million during January-November, with gloves increasing 21.74 percent. Domestically, rubber prices fell across grades. Globally, natural rubber production reached 12.7 million tonnes (+2.4 percent), while demand rose 0.5 percent to 13.9 million tonnes.
 to US $11.67 billion in the 11 months to November 2024, driven by higher revenues from rubber products){kind=link}