Vietnam's cassava unexpectedly received strong purchases from Malaysia

Published 2023년 12월 19일

Tridge summary

In October 2023, Vietnam exported 268.4 thousand tons of cassava and cassava products, reaching a value of 136.5 million USD, marking an increase in volume and value compared to September and October 2022. The average export price also rose to 508.6 USD/ton, an 8.8% increase from September 2023. Vietnam aims to increase cassava exports to 2 billion USD/year by 2028 and 2.5 billion USD/year by 2050, with Tay Ninh currently leading in the number of cassava processing factories.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: markettimes.vn According to statistics from the General Department of Customs, in October 2023, Vietnam exported 268.4 thousand tons of cassava and cassava products, equivalent to 136.5 million USD, an increase of 2.1% in volume and 11.1% in value compared to September; increased 12.6% in volume and 33% in value compared to October 2022. In October 2023, the price of cassava and cassava products for export increased sharply to the highest level since the beginning of 2023 until now. Specifically, the average export price of cassava and cassava products is at 508.6 USD/ton, up 8.8% compared to September 2023 and up 18.1% compared to October 2022. Cumulatively in the first 10 months of 2023, the export of cassava and cassava products reached 2.4 million tons, worth 1.03 billion USD, down 6.4% in volume and down 8.8% in turnover compared to the previous year. same period in 2022. By the end of October this year, cassava and cassava products were officially one of nine ...
Source: AgroInfo.vn

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