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Vietnam: Cashew nut exports increase in both volume and value

Xuất khẩu hạt điều tăng cả lượng và kim ngạch
This news article has been translated to English.
Cashew Nut Kernel
Vietnam
EVFTA
Price Trend
COVID-19
Logistics
Jan 15, 2022
From Vinacas
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Despite many difficulties due to the impact of the Covid-19 epidemic, Vietnam's cashew industry still recorded positive growth in cashew nut exports in 2021.
Despite many difficulties due to the impact of the Covid-19 epidemic, Vietnam's cashew industry still recorded a positive growth in cashew nut exports in 2021. Cashew nut exports grow well Statistics of Vietnam Customs show that cashew nut export results in 2021 reached 577,400 tons, export turnover reached 3.63 billion USD, up 13% in value and 12% in volume compared to 2020. In the import markets of Vietnam's cashews, the US, European, Chinese, and Indian markets are still the main markets of Vietnam's cashew nuts. Processing cashew for export. Photo: IT The US remains the largest export market of Vietnam's cashew kernels, with a volume of 149,000 tons, worth more than $880,600 million, accounting for nearly 30% of the industry's total export turnover. Next is the EU market, accounting for 23% of the total volume and 22% of the total value of the industry, reaching about 835 million USD. The fourth quarter of 2021 is the peak season for cashew nut consumption when the US, EU, and ...
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