Vietnamese cashews: China's import volume surpasses that of the United States, export unit price reaches the highest point in recent years!

According to the Vietnam Cashew Association (Vinacas), data from the Vietnam Customs General Department shows that in July of this year, Vietnam exported 68,000 tons of cashews, generating $460 million in revenue, with an export volume increase of 1.3% year-on-year and an export value increase of 11%. In the first seven months of this year, the cumulative export reached 413,000 tons, valued at $2.8 billion, with an export value increase of 18.3% year-on-year. The average export price of Vietnamese cashews in the first seven months reached $6,805 per ton, up 21.4% from the same period last year, marking the highest price in recent years and reflecting the growing global demand for nuts. In the first seven months of this year, China, the United States, and the Netherlands remained Vietnam's top three cashew export markets, accounting for 22.4%, 20.3%, and 9.1% of the market share, respectively. Notably, China has surpassed the United States to become the largest market. During this ...