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    Home > Food News > Food Articles > Vietnam will export nearly $1 billion in cassava and cassava products by 2020, with China the country's largest export market

    Vietnam will export nearly $1 billion in cassava and cassava products by 2020, with China the country's largest export market

    • Last Update: 2021-01-24
    • Source: Internet
    • Author: User
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    Vietnam's Ministry of Agriculture and Rural Development's Agricultural Products Market Processing and Development Bureau said that in December 2020, cassava and cassava products exported about 330,000 tons, exports of about 118 million U.S. dollars;
    2020, Vietnam's cassava and cassava exports will cost about $358.3 a tonne, down 6% year-on-year.
    China is Vietnam's largest cassava export market, with 1.9 million tons and $772 million in exports, up 11.5 percent and 2.7 percent year-on-year, respectively.
    the first 11 months of 2020, Taiwan and Malaysia are also fast-growing markets for imports of Vietnamese cassava and its products.
    terms of product structure, Vietnam will export about 640,000 tons of cassava chips and US$139 million in 2020, an increase of 60% and 75% year-on-year, respectively.
    average export price of cassava chips was $217/tonne, up 10 per cent from $198/tonne in 2019.
    2.1 million tons of cassava starch and $850 million in exports, down 1% and 4% year-on-year, respectively.
    cassava starch export price was $401 per tonne, down 4% year-on-year.
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