Vietnam gains cassava export growth in 2020

Vietnam gained growth in the export of cassava chips and cassava-made products in 2020 despite the COVID-19 pandemic, according to the Department of Agricultural Product Processing and Market Development.
Vietnam gains cassava export growth in 2020 ảnh 1Vietnam's export of cassava chips and cassava-made products in December 2020 alone was estimated at 330,000 tonnes. (Photo: congthuong.vn)

Hanoi (VNS/VNA) - Vietnam gained growth in the export of cassavachips and cassava-made products in 2020 despite the COVID-19 pandemic,according to the Department of Agricultural Product Processing and MarketDevelopment.

Exports last year reached 2.76 million tonnes, earning 989 million USD, anincrease of 9 percent in volume and 2.4 percent in value compared to 2019.However, the average export price of those products reduced by 6 percent to 358.3USD per tonne year on year.

In December alone an estimated 330,000 tonnes with a value of 118 million USD wereexported.

Impacts of the COVID-19 pandemic did cause problems for the cassava productionindustry according to the department under the Ministry of Agriculture andRural Development, but it was still one of the few agricultural products with apositive growth in export value.

The exports of cassava chips in 2020 reached 640,000 tonnes, earning 139million USD, up 60 percent in volume and 75 percent in value over the sameperiod last year. The average export price for this product reached 217 USD pertonne, up 10 percent.

Tapioca export was estimated at 2.1 million tonnes with a value of 850 millionUSD, down 1 percent in volume and 4 percent in value over the same period in2019. Its average export price reached 401 USD per tonne, down 4 percent.

According to the department, China was the largest export market with the totalvolume of cassava chips and cassava-made products reaching 1.9 million tonnes,earning 772 million USD. That's an increase of 11.5 percent in volume and 2.7 percentin value compared to 2019.

Taiwan and Malaysia were also two other largest export markets of Vietnamesecassava with the growth in export value of 15 percent and 3 percent year onyear, respectively, in the first 11 months of 2020.

In China market, Vietnam is currently the second largest supplier of bothcassava chips and tapioca, according to China’s General Department ofCustoms./.
VNA

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