Vietnam Cashew Industry: Strong Growth and Forecast of Global Cashew Output in 2025

Published 2025년 4월 18일

Tridge summary

In 2024, Vietnam's cashew industry achieved record exports, becoming the world's leading exporter for the 18th consecutive year. With increased global cashew output forecasted for 2025, particularly in Tanzania and Binh Phuoc, Vietnam, the industry is set to grow further. However, experts recommend that businesses should carefully time their raw cashew nut purchases to ensure reasonable prices and profits.

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Original content

Source: nguoiquansat.vn In 2024, the Vietnamese cashew industry recorded an impressive export year with a record export volume of 765,368 tons of cashew nuts and revenue exceeding 4.6 billion USD. This is a proud achievement, helping Vietnam maintain its position as the world's largest cashew exporter for 18 consecutive years. This success is a solid foundation for the industry when entering the 2025 production season. Output growth and market trends in 2025 According to the Vietnam Cashew Association (VINACAS), this year's cashew harvest is proceeding as planned in Vietnam and other countries, with global raw cashew output forecast to increase. This is partly due to the fact that new planting areas have entered the harvest stage. In Binh Phuoc, Vietnam's largest cashew growing and processing center, leading traders also forecast that this year's cashew output will grow. At the conference to update the crop situation and purchasing strategy for 2025 organized by the Binh Phuoc ...

Source: AgroInfo.vn