According to statistics from the General Department of Customs, cassava and cassava product exports in April 2025 reached over 391,000 tons, with a value of over 112 million USD. This is a decrease of 19.7% in volume and 18.9% in value compared to last month.
In the first 4 months of the year, Vietnam earned over 485 million USD from the export of cassava, equivalent to more than 1.6 million tons, a significant increase of 42.3% in volume but a slight decrease of 4.8% in value.
In terms of the market, China continues to be the largest export market, with over 1.53 million tons of cassava, equivalent to more than 454 million USD. This is an increase of 45% in volume but a decrease of 3% in value. Notably, the price dropped sharply by 33% compared to the same period last year, averaging 296 USD/ton.
Not only is it the largest export market, but China is also the largest consumer of cassava in the world, primarily purchasing cassava from Thailand and Vietnam.
Vietnam earned over 485 million USD from cassava exports in the first 4 months.
According to the Import-Export Department (Ministry of Industry and Trade), China purchases the most cassava in the world due to its production of ethanol. Besides, with the recovery of the pig farming industry after the African swine fever outbreak and the difficulties in corn supply from South America caused by adverse weather, China has increased its imports of cassava chips and starch for animal feed.
The Taiwan (China) market ranks second, with over 19,000 tons, worth more than 7 million USD. This is a decrease of 8% in volume and 38% in value. The average export price decreased by 32% compared to Q4 of 2024, reaching 373 USD/ton.
Malaysia is the third-largest export market for Vietnam, with over 12,000 tons valued at more than 4.5 million USD. This marks a significant increase of 70% in volume and 22% in value compared to the same period last year. The average price is 378 USD/ton, reflecting a general downward trend similar to the two main markets mentioned above, with a decrease of nearly 30%.
The demand for cassava chips in the Chinese market has declined since 2023. The sharp decline in cassava chip imports is largely due to reduced demand from China’s cassava processing factories. In addition, the low corn prices have caused many factories to replace cassava chips with corn.
This has caused many difficulties for cassava processing factories in Vietnam. Although it is the peak season, many cassava factories plan to stop operations early. Meanwhile, across the country, due to the estimated increase of about 10% in cassava area for the 2024-2025 season compared to the 2023-2024 season, there is still a large amount of unharvested fresh cassava, which is expected to be processed into cassava chips or left to grow until the next season.