China spent 800 million USD to buy nearly 2 million tons of cassava from Vietnam, and will buy more by the end of the year

According to a report from the Import-Export Department (Ministry of Industry and Trade), in September 2023, Vietnam's export of cassava and cassava products increased for the second consecutive month. Specifically, statistics from the General Department of Customs show that in September 2023, Vietnam exported 262,830 tons of cassava and cassava products, worth 122.89 million USD, an increase of 35% compared to September 2022. 7% in volume and 40.4% increase in value; The average export price is at 467.6 USD/ton, up 0.2% compared to August 2023 and up 3.4% compared to September 2022. In the first 9 months of 2023, the export of cassava and cassava products reached over 2.13 million tons, worth 891.77 million USD, down 8.4% in volume and 13% in value over the same period. 2022. Due to increased purchasing power from the Chinese market, from the beginning of October 2023 until now, the price of fresh cassava in the Northern provinces has increased slightly, currently the purchasing ...