In 7 months, Vietnam exported nearly 1.5 million tons of cassava

Published 2024년 7월 26일

Tridge summary

By mid-July 2024, Vietnam exported nearly 1.5 million tons of cassava, slightly less than the 1.59 million tons from the same period last year, but the export value rose by 7.6% to nearly 684 million USD. China remains the largest importer, with over 1.26 million tons worth 569 million USD, despite a 6% decrease in volume but a 9% increase in value. Korea and Taiwan (China) follow as the next largest markets. Exports to Malaysia saw a significant increase in June 2024, and cassava starch exports to China via sea also grew. Traders anticipate a resurgence in cassava exports from July 2024 onwards. In 2023, Vietnam's cassava cultivation covered about 511.5 thousand hectares, producing 10.43 million tons of fresh tubers, making Vietnam and Thailand leaders in the global cassava export market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Accordingly, as of mid-July 2024, our country has exported nearly 1.5 million tons of cassava, slightly down compared to 1.59 million tons in the same period last year. The export value of this item recorded a sharp increase of nearly 684 million USD, up 7.6% over the same period in 2023. In terms of export markets, China continues to hold the position as Vietnam's largest export market, accounting for the largest proportion. Specifically, in 6 months, this market imported more than 1.26 million tons of cassava from Vietnam with a turnover of 569 million USD, down 6% in volume but up 9% in value compared to the same period in 2023. The average export price reaches 451 USD/ton, up 16% over the same period in 2023. Korea is Vietnam's second largest cassava export market with 35,849 tons, worth nearly 10.1 million USD, down 54% in volume and 62% in turnover. Export prices decreased by 18% over the same period last year, reaching 306 USD/ton. In 7 months, Vietnam exported nearly 1.5 ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.