2022
Exports
$256MWorld Rnk 4 / 163
Flag Rnk 189 / 1176
2022
PRODUCT COMPLEXITY IN Cassava
-2.21Rnk 1008 / 1025
2022
Imports
$1.11BWorld Rnk 2 / 202
Flag Rnk 57 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $256M in Cassava, making it the 4th largest exporter of Cassava in the world. At the same year, Cassava was the 189th most exported product in Vietnam. The main destination of Cassava exports from Vietnam are: China ($168M), South Korea ($54.5M), Thailand ($8.8M), Japan ($8.77M), and Malaysia ($4.03M).

The fastest growing export markets for Cassava of Vietnam between 2021 and 2022 were South Korea ($21.5M), United States ($498k), and Japan ($432k).

Imports In 2022, Vietnam imported $1.11B in Cassava, becoming the 2nd largest importer of Cassava in the world. At the same year, Cassava was the 57th most imported product in Vietnam. Vietnam imports Cassava primarily from: Cambodia ($1.03B), Laos ($68.2M), China ($9.34M), Cameroon ($110k), and Indonesia ($25.3k).

The fastest growing import markets in Cassava for Vietnam between 2021 and 2022 were Cambodia ($571M), Laos ($14.9M), and Cameroon ($110k).

COMPANIES In 2023, leading companies such as Walong Marketing (3) were at the forefront of shipping Cassava from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cassava. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$256M
IMPORTS (2022)$1.11B
NET TRADE (2022)-$852M

In 2022, Vietnam exported $256M in Cassava. The main destinations of Vietnam exports on Cassava were China ($168M), South Korea ($54.5M), Thailand ($8.8M), Japan ($8.77M), and Malaysia ($4.03M).

In 2022, Vietnam imported $1.11B in Cassava, mainly from Cambodia ($1.03B), Laos ($68.2M), China ($9.34M), Cameroon ($110k), and Indonesia ($25.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cassava EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
South Korea$21.5M (65.2%)
United States$498k (46.1%)
Japan$432k (5.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cassava BY Vietnam WERE (2021 - 2022):
China-$17.5M (-9.44%)
Thailand-$7.09M (-44.6%)
Laos-$570k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Cassava were:
In 2022, Vietnam's main importing competitors in Cassava were:

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Trade Value of Cassava by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $43.8M
TOP IMPORT POTENTIALLaos+ $19.4M

Cassava’s highest export potential is China. With an export gap of $43.8M.   Cassava’s highest import potential is Laos with an import gap of $19.4M.

See methodology.

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