Thanks to support from Cambodia, Vietnam is dominating the global market for cashew products

Currently, 98% of our neighbors' output is sold to Vietnam at extremely attractive prices. Illustration According to preliminary statistics from the General Department of Customs, cashew imports to Vietnam in May reached 234,784 tons with a value of more than 272 million USD, down 22.3% in volume and 27.7% in value. compared to the previous month. Accumulated in the first 5 months of the year, our country imported more than 1.1 million tons of cashew nuts with a turnover of more than 1.4 million tons, up 11.3% in volume and 4.4% in value over the same period. last year. Worth mentioning, Vietnam became a "shark" buying cashew nuts from Cambodia, accounting for more than 98% of output. According to the Cambodian Ministry of Agriculture, Forestry and Fisheries, this country has 435,733 hectares of cashew cultivation, of which 330,861 hectares are harvested with an output of 508,283 tons by 2022. Also in 2022, Cambodia exported 471,520 tons of cashew nuts. raw and 1,557 tons of ...