Vietnam: Export of cassava and cassava products in the first 5 months of 2023 decreased

Cassava

Value Added Cassava

Vegetables

Vietnam

Published Jul 11, 2023

Tridge summary

In May 2023, the export of cassava and cassava products reached 192,915 tons, equivalent to 80.22 million USD, with an average price of 415.8 USD/ton. This represented a slight increase in volume, turnover, and price compared to April 2023. However, when compared to May 2022, there was a decrease in volume, turnover, and price, with declines of 25.8%, 29.7%, and 5.2% respectively. The majority of these exports were sent to the Chinese market, accounting for 89.9% of the total volume and 88.5% of the total export turnover. The export price to the Chinese market decreased by 11.9% to an average of 382.3 USD/ton.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In May 2023 alone, it was estimated at 192,915 tons, equivalent to 80.22 million USD, the average price was 415.8 USD/ton, up 1.6% in volume, 5.5% in turnover and 3.8% in value. price compared to April 2023; Compared to May 2022, it decreased in volume, turnover and price, with a decrease of 25.8%, 29.7% and 5.2% respectively. In May 2023, the export of cassava chips alone was estimated at 83,890 tons, equivalent to 24.07 million USD, the average price was 286.9 USD/ton, down 0.2% in volume, up 0.9% in turnover. and increased 1.1% in price compared to April 2023. For the whole 5 months, the export of cassava chips reached 546,760 tons, equivalent to 152.05 million USD, the average price was 278 USD/ton, up 17% in volume, up 11.3% in turnover but down 4.9% price compared to the first 5 months of 2022. Cassava and cassava products exported mostly to the Chinese market accounted for 89.9% of the total volume and accounted for 88.5% of the total export turnover of this commodity ...

Source: Vinanet