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Cassava production and export need to be considered
14/11/2022

According to the data of the General Department of Customs, in 2013, the export of cassava and cassava products reached 3.1 million tons with a turnover of 1.1 billion USD, down 25.7% in volume and 18.6% in value. quota compared to 2012.

Vietnam's cassava yield currently ranks 10th among high-yielding countries, with a yield of 17.6 tons/ha. However, according to experts, the development of cassava should be considered because our country's conditions are not suitable for growing cassava, the reason for the high yield is partly because this crop is encroaching on the fertile land of other crops. other agricultural crops, damaging the soil. Besides, cassava production is mainly for export to foreign countries, while domestic production of animal feed and alcohol and ethanol is very limited.

At the beginning of 2014, exports were still quite quiet, due to the fact that Vietnam's export price was higher than the price of Thai cassava, the Korean market had no demand due to very harsh weather, so it was impossible to import goods. As of the end of February 2014, Vietnam exported 700,393 tons of cassava, equivalent to 219 million USD, down 29% in volume, down 27% in value.

Recently, the Ministry of Finance has announced that from March 25, 2014, the import tax rate will be reduced to 3% applicable to cassava products with code 0714.10.11; code 0714.10.19; code 0714.10.91 and code 0714.10.99 replace the import tax rate specified in Circular No. 164/20013

 

Source: www.ttnn.com.vn

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