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Why is it that China buys the most of this agricultural product in the world from Vietnam and Thailand but still buys from Laos?

Cassava Starch
Laos
Published Apr 6, 2022

Tridge summary

China is currently the world's largest import market for cassava and tapioca starch, in which China mainly buys cassava and cassava products from Thailand and Vietnam. According to the report of the Import-Export Department (Ministry of Industry and Trade), in 2021, China is the market to buy the most cassava and tapioca starch in the world. In the same period of 2020. Accordingly, in the first 11 months of 2021, China's cassava imports reached US$1.41 billion, up 97.6% over the same period in 2020.

Original content

China is currently the world's largest import market for cassava and tapioca starch, in which China mainly buys cassava and cassava products from Thailand and Vietnam. According to the report of the Import-Export Department (Ministry of Industry and Trade), in 2021, China is the market to buy the most cassava and tapioca starch in the world. same period in 2020. Accordingly, in the first 11 months of 2021, China's cassava imports reached 1.41 billion USD, up 97.6% over the same period in 2020. Of which, China's imports from Vietnam reached 140.86 million USD. , an increase of 52.8% over the same period in 2020. Meanwhile, China's tapioca starch imports in the first 11 months of 2021 reached $1.52 billion, up 51.6% over the same period in 2020. Particularly, purchases from Vietnam reached $258.22 million. Entering 2022, from the beginning of the year China has accelerated the purchase of a large amount of cassava and cassava products. According to statistics from the General ...
Source: Danviet
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