Vietnam: Cassava exports increased sharply in October

Published 2020년 11월 13일

Tridge summary

Vietnam saw a significant increase in cassava and cassava product exports in October 2020, with a 16.3% increase in volume and a 9.6% increase in value compared to September 2020. Compared to October 2019, there was a 23.6% increase in volume and a 13.8% increase in value. The exports for the first 10 months of 2020 reached 2.14 million tons, valued at $ 758 million, marking a 12.3% increase in volume and a 1.8% increase in value over the same period in 2019. The first nine months of 2020 saw a decrease in cassava starch exports, but a significant increase in dried cassava chips exports, primarily to China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to estimates of the Import and Export Department, in October, the country exported about 215 thousand tons of cassava and cassava products, worth $ 80 million, up 16.3% in volume and 9.6% in value. prices compared with September 2020. Compared to October 2019, this number increased by 23.6% in volume and 13.8% in value; Average export price decreased by 7.9% compared to October 2019, to $ 372 / ton. By the end of October, exports of cassava and cassava products reached about 2.14 million tons, worth $ 758 million, up 12.3% in volume and 1.8% in value over the same period of the year. 2019. According to the statistics of the General Department of Vietnam Customs, the first 9 months of 2020, cassava starch exports reached 1.43 million tons, worth $ 565.52 million, down 2.2% in volume and down 8.2% in value over the same period in 2019, mainly exported to China, Taiwan and Malaysia markets. In particular, exports to China accounted for 93.5% of the country's total cassava ...
Source: Vietnambiz

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