Vietnam is the number 1 market for Cambodia's cashews

Published 2021년 9월 8일

Tridge summary

From January 1 to August 2021, Cambodia experienced a significant increase in cashew exports, with a total of 876,531 tons, which is approximately 350% more than the previous year. The main destinations for these exports included China, Thailand, Japan, India, Korea, Saudi Arabia, the Netherlands, Bangladesh, and Laos. This surge is attributed to the high demand for cashews, leading to a price increase to 4,000 riel/kg (around 1 USD/kg) this year, up from 3,500 riel/kg in the previous year. Cambodia has dedicated over 500,000 hectares of land to cashew cultivation across ten provinces, with Kampong Thom province being the leading region in cashew cultivation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cambodia's Thmey Thmey newspaper on September 7, citing a source from the Cambodian Ministry of Agriculture, said that from January 1 to August 2021, the country exported about 876,531 tons of cashews, an increase of about 350% over the same period in 2020. According to statistics of the Ministry of Agriculture of Cambodia, the country has exported about 3,639 tons of cashews to China and other countries such as Thailand, Japan, India, Korea, Saudi Arabia, the Netherlands, Bangladesh, Laos... Mr. Uon Silot, Chairman of the Cambodia Cashew Association, said that the Vietnam Cashew Association has collected cashew nuts from the Cambodia Cashew Association for processing and supplying to the international market. Cashew nuts in Cambodia have had better prices this year due to high demand, reaching 4,000 riel/kg (about 1 USD/kg) compared to the price of 3,500 riel/kg 2020. Currently, Cambodia has more than 500,000 hectares planted. cashew in 10 provinces specializing in cashew ...

Source: Vinacas