On-the-Ground Updates

Half of Vietnam’s Cashews Exported to China in 2022 Originally Come From Cambodia

Raw Cashew Nut
Cambodia
Sustainability & Environmental Impact
Market & Price Trends
Zeling Xue
Published Nov 22, 2022
The Cashew Nut Association of Cambodia (CAC) reports that from January to July 2022, Cambodia exported around 660K tons of raw cashew nuts to Vietnam for a total of more than USD 1.077B, a YoY decrease of 34.65%, or about 350K tons. The production and export of cashew nuts have dramatically decreased due to heavy rainfall and the increases in the price of freight and fertilizers. 90% of the cashews are exported from Cambodia to Vietnam as raw cashews, 2% of the cashews are exported to India, and the rest of 3% is processed in Cambodia due to the lack of processing plants that adhere to international standards. Raw cashews from Cambodia that are processed in Vietnam account for half of Vietnam's exports to China.
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