Cashew nut export market of Vietnam in 8 months of 2022

Published Oct 4, 2022

Tridge summary

In August 2022, Vietnam experienced a slight increase in cashew exports, with a total of 46,829 tons exported earning 273.7 million USD. The US, China, and the Netherlands were the top consumers, accounting for nearly 60% of the total export volume. Despite the overall increase, the exports to the US saw a decrease in both volume and turnover compared to the same period in 2021. Exports to China and the Netherlands also saw significant decreases, while exports to the EU, RCEP FTA countries, and CPTTP countries experienced declines in both volume and turnover. The export price per ton saw a slight decrease compared to July 2022.

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

Original content

Particularly in August 2022, cashew exports increased by 2.8% in volume, up 2.3% in turnover, but the price decreased by 0.4% compared to the previous month, reaching 46,829 tons, equivalent to 273.7 million USD. , price 5,844.7 USD/ton. The top 3 biggest markets for Vietnam's cashew nut consumption are the US, China, and the Netherlands; in which exported to the US 98,416 tons, equivalent to 569.91 million USD, priced at 5,791 USD/ton, down 16.3% in volume, down 15.7% in turnover but up 0.6% in price over the same period. period 2021; accounting for 28.8% of the total volume and 27.9% of the total cashew export turnover of the country. Exports to China decreased by 13.2% in volume, 29.7% in turnover and 19% in price over the same period in 2021, reaching 44,774 tons, equivalent to 269.63 million USD, priced at 6,022 USD/ ton; accounting for over 13% of the total cashew nut export volume and turnover of the country. Exports to the Netherlands market decreased by 19.7% in volume ...

Source: Vinanet