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China spent nearly 400 million USD to buy over 1 million tons of cassava from Vietnam

Cassava
Vegetables
Published May 20, 2023

Tridge summary

According to statistics from the General Department of Customs, in April 2023, our country exported 189.82 thousand tons of cassava and cassava products, worth US$76.03 million, down 19.5% in volume and down. 27.4% in value compared to April 2022.

Original content

The average export price of cassava and cassava products was at $400.6/ton, up 4.6% compared to March 2023, but down 9.9% over the same period in 2022. By the end of April this year, the export of this group of products reached 1.16 million tons, earning US$445.81 million, down 2.4% in volume and 13.5% in value over the same period last year. last. In the first four months of this year, although China reduced imports, it was still a big customer of Vietnam's cassava and cassava products for export. This market spent nearly 397.4 million USD to buy 1.05 million tons of goods from our country. In contrast to China, exports of cassava and cassava products to other markets grew strongly in both volume and value over the same period last year. Notably, Japan has emerged as a market with a strong increase in cassava imports from Vietnam. In the first four months of 2023, cassava exports to Japan reached 2,280 tons, earning USD 1.16 million, a sudden increase of 3,357.6 percent in volume ...
Source: Vietstock
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