The US market accounts for 26% of Vietnam's cashew exports

Published 2024년 7월 14일

Tridge summary

In the first half of 2024, Vietnam saw a 26% increase in cashew nut exports, reaching 353,528 tons, with the US, China, Netherlands, Germany, and UAE being the top importers. Export volumes increased in 27 markets, with Lithuania and Belarus experiencing the highest growth, while Pakistan experienced the largest decrease. The US, China, and the Netherlands were the three largest cashew export markets in terms of turnover, totaling 1.03 billion USD, or 53% of Vietnam's total cashew export turnover. The price of cashew nuts varied greatly across markets, with those exported to Hong Kong (China) having the highest price at 7,986 USD/ton.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of 2024, Vietnam exported 353,528 tons of cashew nuts to 33 markets, an increase of 26% in volume over the same period last year. In addition to the US, Vietnam's cashew import markets of over 10,000 tons also include China with 65,837 tons, up to 63% YoY; Netherlands with 29,981 tons, up 13% YoY; Germany with 11,814 tons, up 40% YoY and UAE with 10,161 tons, up 37% YoY. In ASEAN, Vietnam exported 1,723 tons of cashew nuts to the Philippines, up 9% YoY; to Singapore with 563 tons, up 4% YoY; Thailand with 4,705 tons, up 2% YoY. In the first half of 2024, Vietnam recorded a decrease in 6 cashew export markets and an increase in volume in 27 markets compared to the same period last year. Lithuania is the market with the largest increase with +136%, followed by Belarus with +77% YoY, Russia with +70% YoY... In contrast, Pakistan is the cashew export market with the deepest decrease with -79% YoY, followed by Kazakhstan with -24% YoY, Norway -9% YoY... In terms of ...
Source: Vinacas

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