2.3 million tons of cassava exported in 11 months, earning over 1 billion USD

Published 2024년 12월 5일

Tridge summary

Vietnam has exported over 2.3 million tons of cassava and cassava products, earning more than 1 billion USD through November 2024, with China being the largest consumer. The average export price increased by 3.1% compared to the same period in 2023. Due to the harvest season, factories are receiving a higher supply of cassava, leading to a decrease in the purchase price of raw cassava tubers in certain regions. However, Chinese buyers are delaying their purchases, hoping to acquire new crop supplies from Southeast Asian countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the General Department of Customs, by the end of November 2024, Vietnam had exported more than 2.3 million tons of cassava and cassava products of all kinds, earning more than 1 billion USD. The average export price of cassava and cassava products in the first 11 months of 2024 is estimated at nearly 450 USD/ton, an increase of 3.1% over the same period in 2023. Currently, China is Vietnam's largest consumer market, having purchased more than 91% of Vietnam's cassava and cassava products exported. According to the Vietnam Cassava Association, it is currently the harvest season, so the output of cassava to factories is higher. Some factories in the Central and Central Highlands regions have lowered the purchase price of this raw material. Since the beginning of November, the purchase price of raw cassava tubers in some provinces in the Central and Central Highlands regions has fluctuated at 1,900 - 2,300 VND/kg, down 100 - 300 VND/kg compared to the end ...
Source: Agriculture

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