Japan reduces the consumption of Indian cashews, increases the use of Vietnamese cashews

Japan is reducing the import of Indian cashew nuts, increasing the purchase of Vietnamese cashews. Photo: TL. According to the International Trade Center (ITC), in the first 5 months of 2021, Japan's cashew imports reached 33.17 million USD, down 11.2% over the same period in 2020. In which, Japan sharply reduced imports. cashew nut exports from India, a decrease of 22.8%, reaching 19.14 million USD. In contrast, Japan increased its imports of cashews from Vietnam, an increase of 4.5%, reaching 12.92 million USD. Vietnam's cashew nut market share in Japan's total import value accounted for 38.97% in the first 5 months of 2021, higher than 33.09% in the first 5 months of 2020. As can be seen, ...