The average export price of Vietnam's cashew nuts is reaching the highest level since the beginning of the year

Published 2022년 6월 30일

Tridge summary

In May 2022, Vietnam's cashew exports reached 49.9 thousand tons, valued at $304.65 million, marking a decrease from May 2021 but an increase from April 2022. The average export price of cashew nuts hit a high since the start of the year, with a total export value of $1.21 billion in the first five months of 2022. The European Union imported approximately 50.4 thousand tons of cashew nuts in Q1 2022, valued at $341.81 million, marking an increase in value but a slight decrease in volume from the same period in 2021. The Netherlands and Poland have seen significant growth in cashew nut imports from Vietnam and other countries like India, Burkina Faso, and Nigeria. The EVFTA has had a positive impact on Vietnam's cashew exports to the European market, with notable growth in exports to the UK, Germany, and Italy.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average export price of cashew nuts in May reached the highest level According to statistics from the General Department of Customs, in May 2022, Vietnam's cashew exports reached 49.9 thousand tons, worth 304.65 million USD. , increased by 2.5% in volume and 5.0% in value compared to April 2022, but compared with May 2021 down 6.4% in volume and 7.0% in value. In the first 5 months of 2022, Vietnam's cashew exports reached 202.9 thousand tons, worth 1.21 billion USD, down 5.7% in volume and 5.0% in value over the same period last year. in 2021. The average export price of Vietnam's cashew nuts is reaching the highest level since the beginning of the year. Source: Calculation from the data of the General Department of Customs Price evolution: In May 2022, the average export price of cashew nut of Vietnam reached USD 6,105/ton, an increase of 2.4% compared to April 2022. but down 0.6% compared to May 2021. Generally in the first 5 months of 2022, the average export price of ...
Source: Vinacas

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