Vietnam: Cassava exports increased sharply, earning 80 million USD

Published 2023년 6월 25일

Tridge summary

In May 2023, Vietnam exported 192.91 thousand tons of cassava and cassava products, earning $80.22 million, a 1.6% increase in volume and a 5.5% increase in value compared to April 2023. However, exports decreased by 25.7% in volume and 29.5% in value compared to May last year. China remains the largest customer, accounting for nearly 90% of Vietnam's cassava exports in the first five months of 2023, with Japan and Malaysia also showing significant growth in both volume and value compared to 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Specifically, according to statistics from the General Department of Customs, in May, our country exported 192.91 thousand tons of cassava and cassava products, earning 80.22 million USD, up 1.6% in value. volume and increased 5.5% in value compared to April 2023. Compared to May last year, exports of cassava and cassava products in May 2023 still decreased by 25.7% in volume and 29.5% in value. The average export price was at 415.8 USD/ton, up 3.8% compared to April 2023, but down 5.1% compared to May 2022. By the end of May 2023, the export of cassava and cassava products reached 1.36 million tons, with US$528.56 million, down 6.1% in volume and 15.9% in value over the same period. period last year. China is still the largest customer, accounting for nearly 90% of Vietnam's total export of cassava and cassava products in the first 5 months of 2023 with 171 thousand tons, worth 70.63 million USD, up 1.7 % in volume and 7.1% in value compared to April 2023. China is the largest ...

Source: VNRuralEconomics