
Sri Lanka has made 327 billion rupees ($900 million) in 2022 by exporting rubber items, the Rubber Development Department said.Director General of the department Madawa Kulasuriya told the media on Saturday that this was a slight drop from 2021 profits, which was $1 billion, Xinhua news firm reported.However, the South Asian nation means to increase profits from rubber products to $3 billion by 2025, he said.Major markets for finished rubber items are the United States, Germany and Japan, while Pakistan, Germany and Japan are major markets for natural rubber from Sri Lanka, he added.Sri Lanka is one of leading natural rubber exporters worldwide, and in 2021 around 70 percent of income from rubber exports came as tires, according to main information.-- IANS-- Agencies