Vietnam: In August 2023, exports of cassava and cassava products to Malaysia increased by 40% in volume

Cassava

Vegetables

Vietnam

Market & Price Trends

Published Oct 9, 2023

Tridge summary

In August 2023, Vietnam saw a significant increase in the export of cassava and cassava products, with a 52.4% increase in volume and a 43.7% increase in value compared to July. However, overall exports for the first 8 months of the year were down in both volume and value compared to the same period in 2022. China remains Vietnam's largest importer, although exports to Malaysia have been on the rise, with a notable increase of 40% in volume and 48% in value in August compared to the previous year.

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

Source: markettimes.vn According to preliminary statistics from the General Department of Customs, exports of cassava and cassava products in August reached 221,278 tons with a value of more than 103 million USD, a sharp increase of 52.4% in volume and an increase of 43.7%. in value compared to July 2023. Overall, in the first 8 months of the year, exports of this product earned more than 768 million USD with more than 1.8 million tons, down 12.4% in volume and down 18% in value compared to the same period in 2022. The export price of this item reached an average of 411 USD/ton in the first 8 months of the year, down 7% compared to the same period in 2022. China continues to be Vietnam's largest importer. In the first 8 months of the year, Vietnam exported 1.69 million tons of cassava and cassava products to China with a value of 687.24 million USD, down 13.4% in volume and 19.9% in value. price compared to the same period last year. Notably, while Vietnam's main cassava export ...

Source: AgroInfo.vn