Vietnam: In the first half of the year, cashew export turnover increased by 18.7%

Published 2024년 7월 17일

Tridge summary

In the first half of 2024, Vietnam's cashew export turnover surged by 18.7%, reaching 1.94 billion USD, with the United States, China, and the Netherlands being the top markets, collectively accounting for 53% of the total export value. The highest export prices were observed in Hong Kong and Israel. The Import-Export Department anticipates a record cashew export turnover of 3.8 billion USD for 2024. To ensure sustainable growth, the Ministry of Agriculture and Rural Development advises investing in raw material sources and enhancing deep processing activities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the General Department of Customs, Vietnam's cashew export turnover increased by 18.7% over the same period last year, to 1.94 billion USD in the first 6 months of 2024. Illustration. Source: IT Among 33 cashew export markets, the United States is the largest export market with 93,105 tons, up 24% over the same period last year and accounting for 26% of Vietnam's total cashew exports. In addition to the United States, Vietnam's cashew import markets of over 10,000 tons also include China with 65,837 tons, up 63% over the same period last year; Netherlands with 29,981 tons, up 13% over the same period last year; Germany with 11,814 tons, up 40% over the same period last year and UAE with 10,161 tons, up 37% over the same period last year. In ASEAN, Vietnam exported 1,723 tons of cashew nuts to the Philippines, up 9% over the same period last year; to Singapore with 563 tons, up 4% over the same period last year; Thailand with 4,705 tons, up 2% over the same period last ...
Source: Vinacas

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