According to statistics from the Customs Department, Vietnam’s cassava and cassava product exports in November reached over 267,000 tons, worth over 94 million USD. This is an increase of 2.8% in volume and 7% in value compared to the same period last year.
In the first 11 months of 2025, Vietnam earned over 1.1 billion USD from exporting more than 3.6 million tons of cassava. This is a decrease of 10.9% in volume and 27.4% in value compared to the first 11 months of 2024.
Regarding the market, China remains the largest buyer of Vietnamese cassava. Specifically, Vietnam exported over 3.4 million tons of cassava to the neighboring country, with a value of over 1.04 billion USD. This result is a significant increase of 58% in volume and 9% in value compared to the same period in 2024. However, export prices fell sharply by 31%, equivalent to 307 USD per ton.
Taiwan (China) ranked second with over 50,000 tons, valued at over 18 million USD. The figure represents a 15% increase in volume but a 20% decrease in value. Similarly, prices also decreased by 30%, averaging 373 USD per ton.
China holds over 94% of the market share for cassava.
In the third position was Malaysia with over 29,000 tons, worth over 11 million USD, an increase of 98% in volume and 45% in value. Export prices decreased by 26%, equivalent to 380 USD per ton.
Cassava is not only one of Vietnam’s 13 key agricultural exports but also helps Vietnam rank second in the world. Since the beginning of the year, the export price of cassava has decreased mainly due to China reducing imports, high domestic supply, and competition from Thai products. Although export volume increased, value decreased, causing difficulties for Vietnam’s cassava industry.
The Import-Export Department said that in the coming time, the prospects for Vietnamese cassava exports are favorable. Demand from China is expected to remain high due to domestic supply shortages and the need for raw materials to produce ethanol and animal feed.
However, export activities also face some difficulties, such as competition from Thailand, price fluctuations of alternative raw materials like corn and wheat in the international market, China’s adjustments to its import and quarantine policies, rising production costs, and weather risks impacting domestic raw material sources.
Notably, according to China Customs, Vietnam has surpassed Thailand to become the largest supplier of cassava starch to this market, accounting for 48.77%. Vietnam exported over 1.86 million tons of cassava starch to China, an increase of 72.1%. Meanwhile, Thailand only increased by 0.9% and fell to second place with a 34.78% market share in China.