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    Home»Asia»Exports of cassava, by-products surge since new year | Business
    Asia

    Exports of cassava, by-products surge since new year | Business

    Kevin LeBy Kevin LeFebruary 22, 2021No Comments1 Min Read
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    Exports of cassava, by-products surge since new year hinh anh 1Exports of cassava and its by-products are reported to have increased significantly since the beginning of this year (Illustrative photo: congthuong.vn)

    Hanoi (VNA) – Exports of cassava and its by-products are reported
    to have increased significantly since the beginning of this year, according to
    the Ministry of Agriculture and Rural Development.

    As of the end of January, exports hit 472,805 tonnes, raking in 174.62
    million USD, up 122.9 percent in volume and 139.7 percent in value against January
    last year.

    Export prices averaged 369.3 USD per tonne, a year-on-year rise of 7.6
    percent.

    China held the lion’s share during the period, with 96 percent of volume
    and value.

    Vietnam shipped 453,456 tonnes to its northern neighbour and earned
    166.56 million USD, increases of 127.7 percent and 146.5 percent, respectively.

    Other markets bringing in more than 1 million USD in export value in
    January included the Republic of Korea, with 9,279 tonnes, and Taiwan (China) with
    5,491 tonnes.

    Exports last year reached 2.76 million tonnes, earning 989 million USD,
    an increase of 9 percent in volume and 2.4 percent in value compared to 2019. The
    average export price, however, fell 6 percent to 358.3 USD per tonne year-on-year./.

    VNA



    Source: Vietnam News Agency

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