In the first 4 months of the year, Vietnam exported more than 162 thousand tons of cashews to the United States

Published Jun 22, 2023

Tridge summary

In April 2023, Vietnam saw a positive performance in its cashew nut exports, with over 51,000 tons exported earning 305.5 million USD. From the beginning of the year, the total export volume exceeded 162 thousand tons, generating 952.5 million USD, marking a 6.1% increase in volume and a 4.5% increase in value compared to the same period in 2022. The United States emerges as the largest market, importing over 42.9 thousand tons valued at 250.2 million USD, contributing significantly to Vietnam's cashew nut export revenue. Despite these achievements, the industry faces challenges such as increased competition from Brazil and Ghana, with the US import volume from these countries surging. To overcome these hurdles and ensure the industry's sustainable growth, the Vietnam Cashew Association recommends the Ministry of Agriculture and Rural Development to focus on research and development of specialized technical regulations for cashew nuts and by-products of cashew trees.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data from the General Department of Vietnam Customs, in April 2023, Vietnam exported more than 51,000 tons of cashews, worth 305.5 million USD. Generally, in the first 4 months of the year, our country has exported more than 162 thousand tons of cashew nuts, reaching 952.5 million USD; up 6.1% in volume and 4.5% in value over the same period in 2022. In the context that the country's exports are still gloomy, the cashew industry still recorded positive signals from many markets such as China, the United States, the Netherlands, etc. In the first 4 months of this year, cashew nut exports to The US has recorded steady growth month over month. In the context that the country's exports are still gloomy, the cashew industry still recorded positive signals from many markets such as China, the United States, the Netherlands, etc. In the first 4 months of this year, cashew nut exports to The US has recorded steady growth month over month. According to data from the General ...

Source: Vinacas