Vietnam: Exporting cashew nuts to markets in 11 months of 2023

Raw Cashew Nut

Vietnam

Market & Price Trends

Published Dec 30, 2023

Tridge summary

In November 2023, cashew exports from Vietnam decreased in volume, turnover, and price compared to October 2023, reaching 64,148 tons, equivalent to 352.61 million USD, priced at 5,497 USD/ton. The top three markets for cashew nut exports from Vietnam are the US, China, and the Netherlands, with the US accounting for nearly 25% of the country's total cashew nut export volume and turnover. Overall, cashew exports in the first 11 months of 2023 to most markets increased in both volume and turnover compared to the same period in 2022.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In November 2023 alone, cashew exports decreased by 0.3% in volume, 1.6% in turnover and 1.3% in price compared to October 2023, reaching 64,148 tons, equivalent to 352.61 million USD, price 5,497 USD/ton. The top 3 largest markets consuming cashew nuts in Vietnam are the US, China, and the Netherlands; of which 144,280 tons were exported to the US, equivalent to over 810.86 million USD, priced at 5,620 USD/ton, up 10% in volume, up 5.4% in turnover but slightly down 4.2% in price compared to the same period last year. period 2022; accounting for nearly 25% of the country's total cashew nut export volume and turnover. Exports to China increased sharply by 42.3% in volume, increased by 47.5% in turnover and slightly increased by 3.7% in price over the same period in 2022, reaching 98,962 tons, equivalent to 602.41 million USD, price 6,087.3 USD/ton; accounting for 17% of the total volume and 18.3% of the country's total cashew export turnover. Exports to the Dutch market ...

Source: Vinanet