Cassava export turnover reaches more than half of billion US$
Cassava exports rise sharply in four months | |
Cassava exports to China face many difficulties | |
The implementation of anti-fraud of value-added tax refund for cassava exports in accordance with the law |
Chart by Thai Binh |
According to preliminary statistics of the General Department of Vietnam Customs, the export of cassava and cassava products in July recorded US$ 72 million, up 2.8% in quantity and 9.8% in turnover compared with the previous month.
However, the quantity and export turnover of this item still plunged year-on-year.
At the end of July, the volume of exported cassava and cassava products saw a year-on-year decrease by 14.4% in volume and 20.8% in turnover to 1.65 million tons and US$ 665.6 million, respectively.
China is Vietnam's largest export market for cassava and cassava products. In the first seven months of 2023, exports to China alone reached 1.47 million tons, with a total turnover of US$589.27 million, down 15.9% in volume and 23.2% in turnover compared to the same period of the previous year.
Other major export markets are Taiwan, Philippines, Malaysia, Korea, Pakistan...
Currently, cassava and cassava products are one of Vietnam's major export agricultural products. In 2022, the whole country exported 3.25 million tons, with a turnover of US$1.4 billion, up 13.3% in volume and 19.7% in turnover compared with 2021.
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