On-the-Ground Updates

Vietnam's Cashew Nut Exports in 2023 Surge Due to High Demand in the US and Growing Chinese Market Presence

Cashew Nut Kernel
China
United States
Vietnam
Market & Price Trends
Anh Ho
Published Dec 10, 2023
According to the General Department of Customs, Vietnam's cashew nut exports are experiencing robust growth, with an estimated volume of 582 thousand tons and a value of USD 3.31 billion, a substantial increase of 23.1% year-over-year (YoY) in volume and 17.4% YoY in value. The United States (US) remains the largest export market for Vietnamese cashew nuts during the first ten months of 2023. China is emerging as an increasingly active importer in this market.

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