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Vietnam: EU has a large demand for cashew nut imports in 2022

Cashew Nut Kernel
Vietnam
Published Jan 8, 2022

Tridge summary

Specifically, the EU is currently Vietnam's second-largest cashew nut export market, accounting for 23% of the total volume and 22% of the total value of the industry. Therefore, the growth of cashew nut exports to the EU contributed significantly to the overall growth of the industry. Vietnam's cashew exports to the EU in the first 11 months of 2021 reached approximately 122.5 thousand tons, worth USD 734.38 million, up 15.2% in volume and 6.2% in value over the same period term 2020.

Original content

Specifically, the EU is currently Vietnam's second largest cashew nut export market, accounting for 23% of the total volume and 22% of the total value of the industry. Therefore, the growth of cashew nut exports to the EU contributed significantly to the overall growth of the industry. Vietnam's cashew exports to the EU in the first 11 months of 2021 reached approximately 122.5 thousand tons, worth USD 734.38 million, up 15.2% in volume and 6.2% in value over the same period. period 2020. Regarding market structure: In the first 11 months of 2021, Vietnam's cashew industry exports to 23 EU member markets. In particular, the cashew industry has well exploited the Dutch and German markets. Cashew nut export turnover of Vietnam to the Netherlands market reached 63.42 thousand tons, worth 345.71 million USD, up 12.3% in volume, but down 4.1% in value. Similarly, Vietnam's cashew exports to Germany reached 19.4 thousand tons, worth 122.64 million USD, up 9.5% in volume and 6.2% in ...
Source: Vinacas
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