News

The US increased imports of cashew nuts from Vietnam

Cashew Nut Kernel
United States
Vietnam
Published Dec 30, 2020

Tridge summary

According to statistics from the US International Trade Commission, the country's cashew imports in the first 10 months of 2020 reached 139.73 thousand tons, worth $ 918 million, up 7.3% in volume, but down 8 , 4% in value over the same period in 2019. The average US cashew import price in the first 10 months of 2020 reached $ 6,570 / ton, down 14.7% over the same period in 2019. In which, the price Average US imports of cashew fell across all supplies.

Original content

The lowest decrease was 3.0% from Thailand, down to 10,488 USD / ton; the highest decrease was 27.4% from Ivory Coast, to 6,108 USD / ton. May 10, 2020, the US increased imports of cashew nuts from Vietnam, but reduced imports from some other major markets such as Brazil, Indonesia, India, Thailand, Ivory Coast. Specifically, the US imports of cashew nuts from Vietnam in the first 10 months of 2020 reached 125.2 thousand tons, worth $ 818.17 million, up 12.3% in volume, but down 3.7% in value. with the same period in 2019. Vietnam's market share of cashew nuts in total US imports increased from 87.3% in the first 10 months of 2019, to 90.9% in the first 10 months of 2020. In contrast, the US decreased imports Cashew nuts from Brazil, with a decrease of 17.8% in volume and 30.7% ...
Source: Vietnambiz
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.