Vietnam sells almost all agricultural products to China, but also buys a large amount from Cambodia

Published 2022년 9월 1일

Tridge summary

In July 2022, Vietnam exported 192,470 tons of cassava and cassava products, earning USD 87.63 million, primarily to China. The average export price increased by 3.4% compared to June 2022 and 9.2% compared to July 2021. From January to July 2022, Vietnam's cassava and cassava product exports volume and value increased by 9.1% and 23% respectively compared to the same period in 2021, with China being the main market. Despite this, Vietnam also imports a significant amount of cassava and cassava products from Cambodia. Meanwhile, China's cassava import turnover reached USD 1.34 billion in the first half of 2022, with Thailand being the largest supplier and Vietnam the second largest. Additionally, China imported 2.35 million tons of tapioca starch, mainly from Thailand and Vietnam, with Vietnam's market share increasing significantly compared to the same period in 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics of the General Department of Customs, in July 2022, Vietnam exported 192,470 tons of cassava and cassava products, worth USD 87.63 million, mainly sold to China. The average export price of cassava and cassava products was at $455.3/ton, up 3.4% compared to June 2022 and up 9.2% compared to July 2021. Accumulated in the first 7 months of 2022, the export of cassava and cassava products reached 1.92 million tons, worth US$841.51 million, up 9.1% in volume and 23% in value over the same period. year 2021. In July 2022, exports of cassava and cassava products to China accounted for 92.4% of the country's total cassava and cassava products, with 177,750 tons, valued at US$80.63 million, down 29. .5% in volume and 27.6% in value in June 2022. Accumulated in the first 7 months of 2022, Vietnam exported to China 1.76 million tons of cassava and cassava products, worth $ 768.22 million, up 6.7% in volume and 20.8% in value compared to the same period in 2021. ...

Source: Danviet