Vietnam: In August 2023, cashew exports reached a new record high

Published 2023년 9월 16일

Tridge summary

Vietnam's cashew nut exports reached a new record high of 60.58 thousand tons in August 2023, with a value of 333.83 million USD. This represents an increase of 10.8% in volume and 9.7% in value compared to July 2023, and a significant increase of 29.2% in volume and 21.8% in value compared to August 2022. The cashew industry aims to export more than 3.1 billion USD this year but still faces challenges, including reliance on imported raw materials. Improvement in yield and quality of Vietnamese cashew trees is a key step to address this issue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Import-Export Department (Ministry of Industry and Trade) cited statistics from the General Department of Customs as saying that in August 2023, Vietnam's cashew nut exports continued to record a new record high of 60.58 thousand tons, worth price 333.83 million USD, an increase of 10.8% in volume and an increase of 9.7% in value compared to July 2023, an increase of 29.2% in volume and an increase of 21.8% in value compared to August 2022. value. In the first 8 months of 2023, Vietnam's cashew exports reached nearly 395.6 thousand tons, worth 2.28 billion USD, up 15.5% in volume and 11.3% in value compared to the same period last year. period last year. In August 2023, Vietnam's average cashew export price reached 5,510 USD/ton, down 1% compared to July 2023 and down 5.7% compared to August 2022. In the first 8 months of 2023, Vietnam's average cashew export price reached 5,760 USD/ton, down 3.6% over the same period in 2022. In August 2023, cashew nut exports to many key and ...
Source: Vinacas

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