Update on the import of Vietnamese cashew nuts from the US

Published 2022년 1월 18일

Tridge summary

The United States saw an 8.8% increase in cashew imports in the first 11 months of 2021, reaching 166.83 thousand tons and valued at 1.07 billion USD. The average import price of cashew nuts decreased by 1.4% to 6,436 USD/ton. The United States increased its imports from Vietnam by 8.4%, accounting for 89.35% of total imports, while imports from Brazil, Ivory Coast, and India also increased, resulting in a decrease in Vietnam's market share in total US imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to aggregate data, this country's cashew imports in the first 11 months of 2021 reached 166.83 thousand tons, worth 1.07 billion USD, up 8.8% in volume and 7.2% in value compared to the previous year. Statistics show that the average import price of cashew nuts in the United States reached 6,436 USD/ton, down 1.4% compared to the same period in 2020. In which, the average import price of cashew nuts of the United States from Vietnam decreased by 1.3% to 6,410 USD/ton. In contrast, the price of US cashew imports from Brazil increased by 3%, to $6,901/ton. The United States in the first 11 months of 2021 increased its imports of cashew nuts from most of the main sources, excluding Indonesia. Statistics show that US imports of cashew nuts from Vietnam in the first 11 months of 2021 reached 149 thousand tons, worth $955.46 million, up 8.4% in volume and 7.0% in value. price compared to the same period in 2020. Vietnam's cashew nut market share in total US imports ...

Source: Vinacas