Vietnam: Cashew nut exports in the first 8 months of 2024 grew well

Published 2024년 9월 13일

Tridge summary

In August 2024, Vietnam saw a slight decrease in cashew nut exports, with a total of 64,560 tons, valued at 408.44 million USD. Despite the slight decrease, the average price per ton rose by 2.6% compared to July 2024, and significantly by 14.8% compared to August 2023. The US continues to be the largest market for these exports, accounting for nearly 28% of the total volume and value. Other significant markets include China, the Netherlands, and Germany. Overall, the first eight months of 2024 have seen a substantial increase in cashew nut export volumes and values compared to the same period in the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In August 2024 alone, it is estimated to reach 64,560 tons, equivalent to 408.44 million USD, with an average price of 6,326 USD/ton, down 3.5% in volume, down 1% in turnover and up 2.6% in price compared to July 2024; and compared to August 2023, it increased by 6.2% in volume, up 21.9% in turnover and up 14.8% in price. Cashew nuts exported the most to the US market, accounting for nearly 28% of the total volume and total export turnover of this commodity group of the whole country, reaching 134,109 tons, equivalent to nearly 762.72 million USD, up 29.3% in volume and up 28.9% in turnover compared to the same period in 2023, the export price to this market decreased by 0.3%, reaching an average of 5,687 USD/ton. In August 2024 alone, 20,099 tons of cashew nuts were exported to the US, equivalent to 128.27 million USD, priced at 6,382 USD/ton, down 3.9% in volume, down 0.9% in value but up 3.2% in price compared to July 2024; compared to August 2023, it increased by 35.7% in ...
Source: Vinanet

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