The market share of Vietnamese cashew nut in China's total import turnover has dropped sharply
Cashew Nut Kernel
China
Vietnam
Published May 24, 2022
Tridge summary
Vietnam's average cashew nut export price in April 2022 increased slightly compared to the same period in 2021. However, Vietnam's cashew nut market share in China's total imports decreased sharply from 95.62% in the first quarter of 2021 down to 76.27% in the first quarter of 2022.
Original content
In April, cashew nut exports increased again According to statistics from the General Department of Customs, in April 2022, Vietnam's cashew exports reached 48.68 thousand tons, worth US$290.23 million, up 21.8 percent in volume and 21.4 percent in volume. % in value compared to March 2022, compared to April 2021, increased by 0.4% in volume and 1.2% in value. In the first 4 months of 2022, Vietnam's cashew exports reached 153.35 thousand tons, worth 913.5 million USD, down only 5.2% in volume and 4.1% in value compared to the same period last year. period 2021. The average export price of Vietnam's cashew nuts in April 2022 increased slightly compared to the same period in 2021. Source: General Department of Vietnam Customs Source: Calculation from data of the General Department of Customs In April 2022, Vietnam's cashew exports to many markets decreased compared to April 2021, including the Netherlands, China, Germany, the UK, and Italy. In contrast, cashew nut exports to the ...
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