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Best wishes for your business success
CHAPTER I: Export of Agricultural Commodities
I. Export of Agricultural Products,
2.5. Cassava and cassava products
a) Export
According to data from the General Department of Customs, In 2022, exports of cassava and cassava products reached 3.25 million tons, worth 1.41 billion USD, up 13.3% in volume and 19.7% in value compared to 2021. The average export price of cassava and cassava products of Vietnam in 2022 is at 432.7 USD / ton, up 5.6% compared to 2021. For cassava alone, in 2022, cassava exports reached 760 thousand tons, worth about 221 million USD, down 10.4% in volume and 0.3% in value compared to 2021. The average export price of cassava in 2022 is at 290.7 USD / ton, up 11.3% compared to 2021. In 2022, China remains Vietnam's largest consumer of cassava and cassava products, accounting for 91.7% in volume and 91.5% in turnover in the country's total exports of cassava and cassava products, with 2.98 million tons, worth nearly 1.29 billion USD, up 11% in volume and 17.2% in value compared to 2021. The average export price of cassava and cassava products of Vietnam to the Chinese market in 2022 is at 356.8 USD / ton, up 6.6% compared to 2021.
b) Assessment
Exports of cassava and cassava products in 2022 has achieved a number of positive results, gradually diversifying markets. Total exports to South Korea reached 149,184 tons, up about 56% over the same period in 2021. China is Vietnam's largest import market for cassava and cassava products. In 2022, the Chinese Government still maintains a zero covid policy as well as issued many changes in regulations and policies to tighten import activities (Typically, there are Order No. 248 on registration and management of foreign imported food manufacturing enterprises and Order No. 249 on import and export food safety management, issued from 2019, officially effective from January 1, 2022). This significantly affects Vietnam's exports of cassava and cassava products.
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