Vietnam boost sweet potato exports
Vietnamese authorities are boosting sweet potato exports to Japan after the prices for Vietnam's potatoes in Japan peaked to USD2,047 a tonne.
According to the International Trade Centre, the demand for sweet potatoes in Japan is still very high. China is the biggest seller to Japan with 5,300 tonnes of sweet potatoes in the first ten months of 2020, an increase of 11.9% on last year and accounted for 48.4% of Japan's total imported potato values.
Vietnam is in second place with 3,500 tonnes of sweet potatoes, a decrease of 19.4% compared to the same period last year. Indonesia is in third place with 2,260 tonnes, a decrease of 16.5% on last year.
However, Vietnam's sweet potatoes are at highest prices of USD2,047 a tonne while sweet potatoes from Indonesia and China were sold at USD1,461 and USD650 a tonne.
Sweet potatoes are one of the main crops in Binh Tan District, Vinh Long Province. Binh Tan has 13,000ha of sweet potatoes that provide 300,000 tonnes a year to export to Japan and South Korea. Many export firms are collaborating with processing firms to make products more diverse.
As of now, Binh Tan's potatoes have had geographical indications. However, the distribution links still have shortcomings. Farmers are selling sweet potatoes to traders without sustainable contracts so the prices are volatile.
Besides the Japanese market, the Ministry of Agriculture and Rural Development is also seeking to export sweet potatoes to China as demand for potatoes in this market are rising sharply.
The Department of Cultivation and Plant Protection is planning to set up clean raw material areas that meet VietGAP practice standards. Binh Tan District People's Committee is carrying out an agriculture reform programme to prioritise the most suitable and profitable crops in the areas.
In early November 2020, Vinh Long Province People's Committee approved of the plan to develop a sweet potato supply chain to promote the products to international markets and to boost exports to China.
Vietnam boost sweet potato exports to Japan
According to the International Trade Centre, the demand for sweet potatoes in Japan is still very high. China is the biggest seller to Japan with 5,300 tonnes of sweet potatoes in the first ten months of 2020, an increase of 11.9% on last year and accounted for 48.4% of Japan's total imported potato values.
Vietnam is in second place with 3,500 tonnes of sweet potatoes, a decrease of 19.4% compared to the same period last year. Indonesia is in third place with 2,260 tonnes, a decrease of 16.5% on last year.
However, Vietnam's sweet potatoes are at highest prices of USD2,047 a tonne while sweet potatoes from Indonesia and China were sold at USD1,461 and USD650 a tonne.
Sweet potatoes are one of the main crops in Binh Tan District, Vinh Long Province. Binh Tan has 13,000ha of sweet potatoes that provide 300,000 tonnes a year to export to Japan and South Korea. Many export firms are collaborating with processing firms to make products more diverse.
As of now, Binh Tan's potatoes have had geographical indications. However, the distribution links still have shortcomings. Farmers are selling sweet potatoes to traders without sustainable contracts so the prices are volatile.
Besides the Japanese market, the Ministry of Agriculture and Rural Development is also seeking to export sweet potatoes to China as demand for potatoes in this market are rising sharply.
The Department of Cultivation and Plant Protection is planning to set up clean raw material areas that meet VietGAP practice standards. Binh Tan District People's Committee is carrying out an agriculture reform programme to prioritise the most suitable and profitable crops in the areas.
In early November 2020, Vinh Long Province People's Committee approved of the plan to develop a sweet potato supply chain to promote the products to international markets and to boost exports to China.
Leave your comment on this story