Vietnam earns 2.55 billion USD from cashew nut exports, up by 25.2%

As of August 15, Vietnam exported nearly 451,600 tons of cashew nuts, earning 2.55 billion USD, up 25.2% over the same period last year. According to statistics from Vietnam Customs, in the first 7 months of 2024, Vietnam exported 421,500 tons of cashew nuts, worth 2.36 billion USD (up 25.8% in volume and 21.6% in value over the same period in 2023). Vietnam's average cashew nut export price in the first 7 months of 2024 reached 5,611 USD/ton (down 3.3% over the same period in 2023). In the first 7 months of 2024, Vietnam's cashew nut exports to traditional and potential markets such as the US, China, the Netherlands, Russia, France, etc. all grew positively compared to the same period in 2023. Vietnam is currently the world's No. 1 cashew nut exporter. In 2024, the Vietnamese cashew industry aims to achieve an export turnover of 3.8 billion USD (an increase of 200 million USD compared to 2023). However, about 90% of raw materials for production of the Vietnamese cashew ...