The market share of Vietnam's cashew nuts in the US and China increased and overwhelmed competitors
Cashew Nut Kernel
Vietnam
United States
China
Published Aug 25, 2022
Tridge summary
The Import-Export Department (Ministry of Industry and Trade) said that in the first half of 2022, Vietnam is the number 1 supplier of cashew nuts to the US and China, and Vietnam's cashew nut market share in these two markets has increased. Specifically, data from the US International Trade Commission shows that in the first 6 months of the year, the US imported 80,000 tons of cashew nuts, equivalent to US$ 521 million, up 4% in volume and 8.5% in value. compared to the same period in 2021.
Original content
In which, cashew nut imports from Vietnam reached over 72 thousand tons, worth 466 million USD, up 6% in volume and 11% in value over the same period in 2021. Vietnam's cashew nut market share in total US imports increased from 88.3% in the first 6 months of 2021 to 89.9% in the first 6 months of 2022. In contrast, Brazil and India's cashew nut share in total US imports decreased, from 3.8% and 1.9% respectively in the first 6 months of 2021 to 2.2% and 1% in the first 6 months of 2021. first month of 2022. (Data: Department of Import and Export, Chart: Hoang Anh) According to the Chinese Customs Administration, this market's cashew imports in the first six months of the year reached 141.5 million USD, up 134% over the same period in 2021. In which, Vietnam is the largest source of cashew nuts for China with US$125 million, up 146% over the same period in 2021. Vietnam's cashew nut market share in China's total import value increased from 83.7% in the first 6 months of ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.