Cassava exports reach over 1 billion USD

Published Jan 1, 2025

Tridge summary

Vietnam has exported over 2.3 million tons of cassava and cassava products, earning around 1.04 billion USD through November 2024, despite a 13% decrease in volume and a 10% decrease in value compared to the same period in 2023. The average export price per ton was 449.3 USD, a 3% increase from the previous year. China is the primary consumer, accounting for 91.4% of the market share. The Vietnam Cassava Association is working towards a sustainable cassava industry development plan, aiming to increase export turnover to 1.8 - 2 billion USD by 2030 and 2.3 - 2.5 billion USD by 2050, with a focus on sustainable farming and increasing fresh cassava output for deep processing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source:doanhnghieptiepthi.vn Preliminary statistics from the General Department of Customs show that by the end of November this year, our country had exported more than 2.3 million tons of cassava and cassava products of all kinds, earning more than 1.04 billion USD. Although exports decreased by 13% in volume and 10% in value compared to the same period last year, cassava and cassava products are still one of the 9 agricultural products with an export turnover of over 1 billion USD. The average export price of cassava and cassava products in the first 11 months of 2024 is estimated at 449.3 USD/ton, up 3% over the same period in 2023. China is the main consumer market for cassava and cassava products exported from Vietnam, accounting for 91.4% of the market share, down 9.2% in volume and 0.2% in value over the same period in 2023. According to the Vietnam Cassava Association, it is now the harvest season so cassava output to factories is higher. However, some factories have had ...
Source: AgroInfo.vn

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