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Vietnam's cassava flour exports to China have dropped significantly

 Last Update: 2021-12-01
 Source: Internet
 Author: User

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Vietnam's "Industry and Trade News" reported on November 16 that in the first nine months of 2021, Vietnam exported 423,130 tons of cassava flour to China , a decrease of 44.
8% compared with the same period in 2020; the export value was US$19.
5 billion, a year-on-year decrease of 34.
9%
.
Vietnam is the second largest export market for cassava flour to China.
Due to the sharp decline in export value, the market share of Vietnamese cassava flour in China has dropped sharply, from 38.
2% in the same period last year to 16.
9%
.

According to reports, in the first nine months of 2021, China imported 1.
25 billion U.
S.
dollars of cassava chips, an increase of 91.
8% over the same period in 2020
.
Vietnam is the second largest export market for cassava chips to China.
During the same period, the export of cassava chips to China was US$131 million, an increase of 58.
8% over the same period last year
.

　　At present, the outbound price of cassava chips exported from Vietnam to China is about US$275/ton in Quy Nhon Port.
Due to the increase in shipping costs, the actual arrival price can sometimes reach US$300/ton; while the offshore price of cassava flour exported to China in Ho Chi Minh Port is about US$300/ton.
The price is about US$480-485/ton
.

Export cassava flour

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