Vietnamese cashew exports increased 22% in November

Published 2020년 12월 5일

Tridge summary

From January to November 2020, Vietnam's cashew nut exports saw a 13.3% increase in volume but a 1.8% decrease in value compared to the same period in 2019, totaling 468 thousand tons worth $2.94 billion. The average export price in November was $6,207 per ton, a 3.5% increase from October but a 12.7% decrease from November 2019. The W180 variety experienced a significant surge, with volumes increasing by 221.3% and values by 169.5% compared to October 2019, reaching 1.84 thousand tons worth $13.76 million. The first 10 months of 2020 saw W180 cashew nut exports increase by 85.9% in volume and 65.3% in value, with the main markets being China, Israel, Egypt, Turkey, Iraq, Australia, America, and Hong Kong. However, exports to Saudi Arabia, Jordan, and the USA decreased during the same period.

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

Original content

Generally in the first 11 months of 2020, the export of cashew nuts was estimated at 468 thousand tons, worth $ 2.94 billion, up 13.3% in volume, but still down 1.8% in value over the same period in 2019. The average export price of cashew nuts in November is estimated at US $ 6,207 / ton, up 3.5% compared to October, but down 12.7% compared to November 2019. Generally in the first 11 months of 2020, the average export price of cashew nuts was estimated at US $ 6,276 / ton, down 13.3% over the same period in 2019. According to calculation data from the General Department of Customs, export of cashew nuts W180 reached 1.84 thousand tons, worth 13.76 million USD, up 221.3% in volume and 169.5% in value compared to October 2019. In the first 10 months of 2020, the export of W180 cashew nuts reached 10.4 thousand tons, worth $ 78.2 million, up 85.9% in volume and 65.3% in value over the same period ...

Source: Vinacas