China and Japan rushed to buy cassava starch from Vietnam

Cassava Starch

Cassava

Vegetables

Vietnam

Published Jun 23, 2023

Tridge summary

According to statistics from the General Department of Customs, in May 2023, Vietnam exported 192,910 tons of cassava and cassava products, worth US$80.22 million, up 1.6% in volume and 5.2% in volume. 5% in value compared to April 2023, but compared to May 2022, down 25.7% in volume and 29.5% in value, this is the 3rd consecutive month of decrease compared to the same period in 2022.

Original content

. The average export price of cassava and cassava products was at $415.8/ton, up 3.8% compared to April 2023, but down 5.1% compared to May 2022. Accumulated in the first 5 months of 2023, the export of cassava and cassava products reached 1.36 million tons, worth $528.56 million, down 6.1% in volume and 15.9% in value compared to same period in 2022. In May 2023, China is still the largest export market for Vietnam's cassava and cassava products, accounting for 88.67% of the country's total cassava exports with 171,060 tons, worth 70.63 million USD, up 1.7% in volume and 7.1% in value in April 2023, but still down 29.2% in volume and 32.7% in value compared to May 2022. Accum compared with the same period in 2022. In addition to the Chinese market, in the first 5 months of 2023, although the total export volume decreased, the export of cassava and cassava products to a market still grew strongly in both volume and value over the same period last year. 2022, notably markets such ...

Source: Danviet