Cassava exports to RoK sharply rise
Vietnam’s exports of cassava and products made from cassava to the Republic of Korea (RoK) hit nearly 82,000 tonnes worth US$24 million in the first 10 months of 2018, up 18.9% in volume and 52.6% in value against the same period last year.
According to the General Department of Customs, in October alone, exports of cassava and products from cassava to the Asian country recorded surges of 467% in volume and nearly 374% in value compared to the previous month.
Statistics from the customs agency show Vietnam exported 182,000 tonnes of cassava with total value of nearly US$86.5 million in the month, up 21.2% in volume and 32.5% in value compared to September.
The average export price was at US$292.2 per tonne, 15.5% higher than that of 2017.