Vietnamese cashews account for more than half of the value of cashews imported into the EU

Published 2022년 4월 7일

Tridge summary

In 2021, the European Union (EU) imported 216.26 thousand tons of cashew nuts, valued at 1.3 billion euros ($1.43 billion), marking a 5.5% increase in value but a 1.6% decrease in volume compared to the previous year. Vietnam was the largest exporter to the EU, contributing to 54.02% of the total import value with 116.6 million euros ($128.7 million) worth of cashews. The Netherlands, Germany, and France were the top three importers of cashew nuts in the EU, importing 63.1 thousand tons, 59.2 thousand tons, and 17 thousand tons, respectively. The Dutch market saw a 7.6% increase in volume and a 3.6% increase in value, while Germany's imports experienced a decline of 9.7% in volume and 16.6% in value. France's imports rose by 16.3% in volume and 6.8% in value.

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

Original content

The EU is the world's leading cashew nut import market, in which, more than half of the value of cashew imports comes from Vietnam. Vietnamese cashew nut accounts for more than half of the EU's cashew import value. Photo: TL. According to the European Statistics Office (Eurostat), the EU's imports of cashew nuts in 2021 reached 216.26 thousand tons, worth 1.3 billion euros ($1.43 billion), up 5.5% in terms of value. volume, but down 1.6% in value compared to 2020. Notably, Vietnam's cashew nut market share in the EU's total imports will account for 54.02% in 2021. The three largest cashew nut importers in the EU are the Netherlands, Germany and France. In 2021, the Netherlands imported 63.1 thousand tons of cashew nuts, worth 376.63 million EUR (413.92 million USD), up 7.6% in volume and 3.6% in value over the previous year. 2020. Germany imported 59.2 thousand tons of ...

Source: Vinacas