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Vietnam: Avoiding risks when importing raw cashews

Raw Cashew Nut
Vietnam
Published Oct 9, 2022

Tridge summary

As of 2021, Vietnam's cashew export continues to hold the number one position in the world (15 consecutive years) when accounting for 80% of the total global output. According to the General Department of Customs, it is estimated that Vietnam's cashew exports in the first 7 months of 2022 will reach 294 thousand tons, worth 1.76 billion USD, down 10.5% in volume and 12.1% in value. Prices compared to the same period in 2021.

Original content

As of 2021, Vietnam's cashew export (export) continues to hold the number one position in the world (15 consecutive years) in cashew export when accounting for 80% of the total global output. According to the General Department of Customs, it is estimated that Vietnam's cashew exports in the first 7 months of 2022 will reach 294 thousand tons, worth 1.76 billion USD, down 10.5% in volume and 12.1% in value. prices compared to the same period in 2021. Although cashew nut exports in 2022 have decreased, but due to limited domestic raw materials, most businesses (DN) increased the import (import) of raw materials for production and export... Ms. Tran Thi Lan Huong, Finance Director of Intersnack Vietnam Cashew Co., Ltd, said that the company imports raw cashews from Africa - not on the list of countries registered to export plant-based foods to Vietnam by the Department. Plant Protection – Issued by the Ministry of Agriculture and Rural Development, for processing and exporting ...
Source: Vinacas
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