China increases imports of cassava chips and starch from Vietnam
VOV.VN - Vietnam exported 400,000 tonnes of cassava and cassava-based products worth US$144 million in January, with the market share of Vietnamese cassava chips and starch as part of China's total imports last year increasing sharply compared to 2019’s figures.
These statistics show a rise of 88.1% in volume and 97.1% in value compared to the same period from last year, while the average export price recorded an increase of 4.8% to US$360 per tonne, according to data released by the Ministry of Industry and Trade.
According to figures compiled by China Customs, Chinese import of cassava chips increased by 22% last year to US$782.85 million compared to 2019, with the country joining Thailand, Cambodia, and Laos as the four largest suppliers of cassava chips to China.
Most notably, the nation was the second largest provider of cassava chips to China last year with US$95.91 million, an increase of 90.8% compared to 2019.
Last year saw the neighbour import 2.75 million tonnes of cassava starch worth US$1.13 billion, a rise of 16.1% in volume and 9.7% in value compared to 2019, with the majority being imported from Vietnam Thailand, Laos, and Cambodia.
Most notably, the nation was the second largest provider of starch to China last year with 982,480 tonnes worth US$ 388.76 million, up 30.4% in volume and 24.9 % in value in comparison to a year earlier.
