Vietnam: Cashew exports to markets in the first 11 months of 2024

Published 2024년 12월 12일

Tridge summary

In November 2024, Vietnam's cashew nut exports experienced a decrease in volume and turnover but an increase in price compared to the previous month. The nation exported a total of 59,699 tons, earning 396.58 million USD. The US was the primary market, receiving nearly 27% of the total export volume and value. Other significant markets included China, the Netherlands, and Germany. The export price to the US saw a rise, while the volume and value increased compared to the same period in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In November 2024 alone, it is estimated to reach 59,699 tons, equivalent to 396.58 million USD, with an average price of 6,643 USD/ton, down 8.5% in volume, down 6.6% in turnover but up 2.1% in price compared to October 2024; and compared to November 2023, it also decreased by 6.8% in volume but increased by 12.6% in turnover and increased by 20.9% in price. Cashew nuts exported the most to the US market, accounting for nearly 27% of the total volume and total export turnover of this commodity group of the whole country, reaching 179,484 tons, equivalent to nearly 1.07 billion USD, up 24.4% in volume and up 31.7% in turnover compared to the same period in 2023, the export price to this market also increased by 5.8%, reaching an average of 5,947 USD/ton. In November 2024 alone, 13,537 tons of cashew nuts were exported to the US, equivalent to 93.14 million USD, priced at 6,880 USD/ton, down 12.2% in volume, down 9% in value but up 3.7% in price compared to October 2024; compared to ...
Source: Vinanet

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