China’s imports of cassava flour from Vietnam have dropped significantly, while imports from Thailand have increased

 

As of August 15, Vietnam had exported 1.
86 million tons of cassava and its products, with an export value of US$726 million, an increase of 12.
1% and 26.
4% year-on-year respectively
.

 

　　It is especially worth noting that since the beginning of the year, the export of cassava flour to China has fallen sharply
.
According to data released by the General Administration of Customs of China, in the first half of 2021, China imported 1.
73 million tons of cassava flour with an import value of US$816 million, an increase of 16.
5% and 35% respectively year-on-year
.
China mainly imports cassava flour from Thailand, Vietnam, Indonesia, Laos and Cambodia
.
Among them, Thailand is China's largest import market for cassava flour, with a total of 1.
28 million tons and 613 million U.
S.
dollars, a year-on-year increase of 54% and 75.
5% respectively
.
Vietnam is China's second largest import market, with cumulative imports of 252,600 tons and 125 million U.
S.
dollars, a year-on-year decrease of 58.
2% and 51.
4% respectively
.
In the first half of 2021, Vietnamese cassava flour only accounted for 14.
6% of China's import market share of this product, a sharp drop from the 40.
6% share of the same period last year
.
At the same time, the market share of Thai cassava flour accounted for 74.
1%, a sharp increase from 56% in the same period last year
.