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Vietnam's cassava exports surge in March

 Last Update: 2022-05-10
 Source: Internet
 Author: User

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Vietnam's " Customs Online" reported on April 5 that according to the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam, the export of cassava and its products soared in March , with a total export of 450,000 tons, valued at 202 million US dollars, and the export volume and export value increased respectively month- on-month.
80.
6% and 97.
1%, a year-on-year increase of 51% and 79.
1% respectively .

According to Vietnam Customs statistics, Vietnam has exported 3.
2889 million tons of cassava and its products in the first three months, worth US$584 million, mainly to China, South Korea, the Philippines and other markets
.
In addition to ethanol production, cassava and its products can also be used for feed processing, and 65 percent of Vietnam's cassava and its products are exported to China, the bureau said
.
The recent conflict in Russia and Ukraine and the impact of severe weather in South America have led to a decline in grain production, which has continuously pushed up the price of feed raw materials in the international market
.
As the African swine fever epidemic in China dissipated, farmers have expanded their breeding scales, which has also led to the need to import more cassava and its products for feed production
.

Customs Import and Export Cassava Export

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