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Vietnam: The US and China buy in large quantities, the cashew industry has collected $ 1.2 billion but still ask to reduce the export target in 2022

Cashew Nut Kernel
Vietnam
Published Jun 28, 2022

Tridge summary

According to statistics from the General Department of Customs, in May 2022, Vietnam's cashew exports reached 49,900 tons, worth US$304.65 million, up 2.5% in volume and 5.0% in value. compared to April 2022, but compared to May 2021, down 6.4% in volume and 7.0% in value. In the first 5 months of 2022, Vietnam's cashew exports reached 202,900 tons, worth 1.21 billion USD, down 5.7% in volume and 5.0% in value over the same period in 2021.

Original content

According to statistics from the General Department of Customs, in May 2022, Vietnam's cashew exports reached 49,900 tons, worth $304.65 million, up 2.5% in volume and 5.0% in value. compared to April 2022, but compared to May 2021, down 6.4% in volume and 7.0% in value. In the first 5 months of 2022, Vietnam's cashew exports reached 202,900 tons, worth 1.21 billion USD, down 5.7% in volume and 5.0% in value over the same period in 2021. In May 2022, the average export price of Vietnam's cashew nuts reached USD 6,105/ton, up 2.4% compared to April 2022, but down 0.6% compared to May 2021. In general, in the first 5 months of 2022, the average export price of Vietnam's cashew nuts reached US$5,992/ton, up 0.8% over the same period in 2021. Among the 10 biggest cashew export markets of Vietnam, the US, China and the Netherlands are buying a large amount of cashews from Vietnam. Specifically, cashew exports to the US in the first 5 months of 2022 reached 64,413 tons, worth 369 ...
Source: Vinacas
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