Vietnam cashew nuts account for most of the import value to Turkey

Published Jul 31, 2021

Tridge summary

Turkey's cashew imports experienced a significant surge in the first four months of 2021, with the country importing a total of 3,323 tons and spending over 11.95 million USD. Vietnamese cashews made up over 90% of these imports, contributing nearly 11 million USD to the import value. This increase could be attributed to the COVID-19 pandemic and the resulting social distancing measures, which have led to a rise in demand for nut products in Turkey.

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

Original content

Cashew imports into Turkey increased sharply in the first months of this year, in which, Vietnamese cashew nut accounted for the largest value. Vietnamese cashew nut accounted for over 90% of Turkey's imported cashew nut value. Photo: TL. According to the Vietnam Trade Office in Turkey, information from the Turkish Statistical Institute (TUIK), shows that, by the end of April 2021, the total amount of shelled cashew nut imports into Turkey is 3,323 tons. , reaching a turnover of more than 11.95 million USD, soaring 112.6% in volume and 39.6% over the same period in 2020. Vietnam still leads, accounting for 92% market share of cashew nut export turnover to Turkey in the first 4 months of this year with 3,082 tons, worth nearly 11 million USD, a sharp increase of 68.1% in turnover compared to in the same period last year. Turkey's sharp increase in cashew imports, may be due to ...

Source: Vinacas