Vietnam's cashew exports in September 2023 are expected to decrease compared to the previous month but show a significant increase from the previous year. In the first nine months of 2023, cashew exports have experienced double-digit growth. Despite facing challenges such as limited raw material sources and small-scale processing facilities, the Vietnam Cashew Association suggests that cashew businesses should focus on deep processing and invest in developing domestic raw material areas to improve competitiveness.
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Original content
The Import-Export Department (Ministry of Industry and Trade) said that Vietnam's cashew exports in September 2023 are estimated to reach 60 thousand tons, worth 328 million USD, down 1.0% in volume and 1.6% in value. value compared to August 2023, but compared to September 2022 increased by 56% in volume and 39.6% in value. Illustration - Source: IT In the first 9 months of 2023, our country's cashew export is estimated to reach 456 thousand tons, worth 2.6 billion USD, up 19.6% in volume and 14.3% in value over the same period last year. last. Thus, in the first 9 months of 2023, cashew exports recorded double-digit growth compared to the same period last year. The Import-Export Department said that according to cyclical factors, Vietnam's cashew export activities will be vibrant in the last months of the year. Cashew exports set a record in value in 2021, with 3.63 billion USD. In 2022, Vietnam's cashew exports will reach 519,782 tons, worth 3.08 billion USD, down 10.3% in ...
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