Since the beginning of the year, how many cashews has Vietnam imported from Cambodia, Ivory Coast, and Ghana?

Published 2024년 11월 12일

Tridge summary

Vietnam, the world's leading exporter of cashew nuts, has experienced a surge in imports of raw cashew nuts due to a domestic shortage. It imports 90% of its raw materials from Cambodia and Africa. In October, cashew nut imports to Vietnam reached over 141 thousand tons, valued at over 220 million USD. From January to September, Vietnam's total cashew nut imports amounted to more than 2.3 million tons, valued at over 2.89 billion USD. Cambodia is Vietnam's largest cashew nut supplier, followed by Ivory Coast and Ghana. The average import price of cashew nuts in Vietnam reached 1,300 USD/ton, down 5% from the previous year. In 2023, Vietnam's cashew nut exports earned over 3.6 billion USD. The country aims to export a record 3.8 billion USD worth of cashew nuts in 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Our country is currently the leading exporter of this commodity, and purchases up to 98% of Cambodia's output for processing and export. One of Vietnam's outstanding export stars is cashew nuts, as our country has maintained its position as the world's No. 1 exporter of cashew nuts for 16 consecutive years, accounting for nearly 80% of the total global output. Although it is the world's leading exporter of cashew nuts, in recent years, Vietnam has had to increase its import of raw cashew nuts due to a shortage of domestic processing materials. Currently, 90% of raw materials for the production of Vietnam's cashew industry are imported from Cambodia and Africa. According to preliminary statistics from the General Department of Customs, cashew nut imports to Vietnam in October reached more than 141 thousand tons, worth more than 220 million USD, down 16.9% in volume and 9.3% in value compared to the previous month. In the first 9 months of the year, the cumulative import of this ...
Source: Vinacas

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