Cassava exports enjoy 12.1% surge over nine months
The latest figures represent annual increases of 12.1% in volume and 1.7% in value, with export prices standing at US$352.6 per tonne, a decline of 9.3% against the same period from last year.
Most notably, the export of cassava chips witnessed a sharp rise of 81% in volume and 90% in value, with the export price increasing by 5% to US$226 per tonne compared to US$216 per tonne recorded during the same period last year.
Meanwhile, the export of cassava starch during the reviewed period reached a total of US$573 million, down 1% in volume and 7% in value year on year, with the export price recording a drop of 7% to US$395 per tonne.
China remained Vietnam’s most significant export market, consuming 1.58 million tonnes of cassava and cassava-based products worth US$547 million from its neighbor, up 14.8% in volume and 1.6% in price.
Elsewhere, Taiwan (China) and the Malaysia also recorded strong growth with the export value to these markets increasing by 27% and 11.7%, respectively.
Still, cassava chips and starch exports are anticipated to face challenges as a result of weaker demand from China coupled with low domestic inventories.
Related News
Vietnamese goods are becoming more and more "qualified"!
10:17 | 25/03/2024 Import-Export
Wood processing enterprises strive to increase the proportion of individually designed goods
09:50 | 26/03/2024 Import-Export
Vietnam experiences a trade surplus of over US$11 billion in two months
13:47 | 15/03/2024 Import-Export
Quang Ninh Customs: Striving to promote imports and exports
16:00 | 21/03/2024 Customs
Latest News
Import turnover of 19 commodity groups grows over 20%
15:34 | 29/03/2024 Import-Export
Vietnam owns significant advantages in attracting FDI
15:24 | 29/03/2024 Import-Export
Nearly 7,000 tariff lines of AKFTA product specific rules need to be transposed
15:20 | 29/03/2024 Import-Export
Vietnam needs to cook up stronger global rice brand
15:09 | 29/03/2024 Import-Export
More News
Vietnam advised to fully tap CPTPP to boost exports to Canada
15:08 | 29/03/2024 Import-Export
ASEAN, RoK agree on transposition of AKFTA product specific rules
15:00 | 28/03/2024 Import-Export
Opportunities for digital technology businesses to go global
14:58 | 28/03/2024 Import-Export
Vietnam, China eye stronger border trade
14:57 | 28/03/2024 Import-Export
Improve competitiveness and sustainable development of the seafood industry
09:51 | 28/03/2024 Import-Export
Business environment reform needs further promotion: expert
14:47 | 27/03/2024 Import-Export
Singapore is the largest foreign investor in VN in Q1
14:43 | 27/03/2024 Import-Export
Thai Binh boosts investment, trade cooperation with Germany
14:38 | 27/03/2024 Import-Export
Lifting obstacles to develop industrial parks
10:24 | 27/03/2024 Import-Export
Your care
Import turnover of 19 commodity groups grows over 20%
15:34 | 29/03/2024 Import-Export
Vietnam owns significant advantages in attracting FDI
15:24 | 29/03/2024 Import-Export
Nearly 7,000 tariff lines of AKFTA product specific rules need to be transposed
15:20 | 29/03/2024 Import-Export
Vietnam needs to cook up stronger global rice brand
15:09 | 29/03/2024 Import-Export
Vietnam advised to fully tap CPTPP to boost exports to Canada
15:08 | 29/03/2024 Import-Export