Cassava exports surge to new record

According to data from the Department of Vietnam Customs (Ministry of Finance) in April 2025 alone, Vietnam exported 391,420 tonnes of cassava and cassava-based products, earning USD 112.88 million. This marked a decline of 19.7% in volume and 18.9% in value from March 2025.

However, compared to April 2024, export volume more than doubled, rising 113.5%, while export value surged by 40%. Cumulatively, in the first four months of 2025, cassava and cassava-based product exports reached 1.6 million tonnes, valued at USD 485.76 million, up 42.3% in volume but down 4.8% in value year-on-year, primarily due to a sharp drop in export prices.

In the first four months of 2025, Vietnam exported 513,100 tonnes of cassava, generating a turnover of USD 97.78 million.

Focusing on raw cassava alone, April 2025 exports reached 136,930 tonnes, worth USD 25.76 million — down 32.1% in volume and 32.5% in value compared to March 2025. Yet compared to April 2024, this reflects a sharp increase of 146.1% in volume and 75.8% in value.

The average export price stood at USD 188.2 per tonne, a 0.6% decrease from March 2025 and a significant 28.5% drop compared to April 2024. Over the first four months of 2025, cassava exports totaled 513,100 tonnes, valued at USD 97.78 million, up 86.6% in volume and 38.7% in value year-on-year.

Export prices of cassava and related products have been on a continuous downward trend compared to the previous year. In April 2025, the average export price was USD 288.4 per tonne — up 1% from March 2025, but still 34.5% lower than April 2024. Across the first four months of 2025, the average export price stood at USD 303.1 per tonne, marking a 33.1% drop compared to the same period in 2024.

China remained Vietnam’s largest export market for cassava and cassava-based products in April 2025, accounting for 95.19% of total export volume. Exports to China reached 372,600 tonnes, worth USD 105.07 million — down 20% in volume and 19.1% in value compared to March 2025.

Nonetheless, compared to April 2024, exports to China rose sharply by 125.1% in volume and 47.7% in value. The average export price to China stood at USD 282 per tonne, up 1.1% from March 2025 but still down 34.4% year-on-year.

Cumulatively, in the first four months of 2025, Vietnam exported 1.53 million tonnes of cassava and cassava-based products to China, earning USD 454.55 million — up 45.2% in volume but down 3.4% in value compared to the same period last year. Besides China, markets such as Japan and Taiwan (China) also increased their imports of Vietnamese cassava in April 2025. Notably, exports to Japan recorded an unprecedented surge — up 1,265% in volume and 1,175% in value compared to April 2024.

In contrast, exports to markets like the Philippines, Malaysia, and South Korea dropped significantly year-on-year. During the first four months of 2025, exports of cassava and related products to key markets increased substantially compared to the same period last year: China up 45.2%, Malaysia up 70.4%, the Philippines up 8%, and Japan up 666.9%. However, exports to Taiwan (China) and South Korea continued to decline.