Vietnamese cashew nut export turnover in Binh Phuoc increased by 150%

Published 2024년 2월 8일

Tridge summary

Binh Phuoc province in Vietnam reported a significant increase in its export turnover in January 2024, reaching over 409 million USD, a 2.45% increase from December 2023 and a 77.6% increase year-on-year. The province's main export product, cashew nuts, saw a surge in exports by over 150%. The cashew kernels were exported to 59 countries, regions, and territories. This growth is attributed to the successful implementation of Resolution No. 11/2020 aimed at developing the Binh Phuoc cashew industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first month of 2024, Binh Phuoc province's export turnover is estimated to reach over 409 million USD, up 2.45% compared to December 2023 and up over 77.6% over the same period, of which cashew nuts are increased over 150%. This is a positive signal for Binh Phuoc to achieve its cashew kernel export target in 2024 (up 9% compared to 2023). Binh Phuoc continuously organizes trade promotion conferences to introduce cashew nuts, a specialty of the province (Photo: Tran Trung) In 2023, the export turnover of cashew products will reach 1,180 billion USD, accounting for over 28% of the province's total export turnover. Cashew nuts are the main export product of Binh Phuoc province. To date, Binh Phuoc has exported cashew kernels to 59 countries, regions and territories. Determining the importance of the cashew industry to socio-economic development, the Standing Committee of the Binh Phuoc Provincial Party Committee issued Resolution No. 11/2020 on developing the Binh Phuoc ...

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