Vietnam is currently the largest source of cashew nuts for the US and China

Published 2023년 1월 21일

Tridge summary

Vietnam's cashew exports in December 2022 reached 46,930 tons, worth 269.1 million USD. The total export volume for 2022 was 519,780 tons, valued at 3.08 billion USD, marking a decrease of 10.3% in volume and 15.1% in value compared to 2021, falling short of the target of 3.2 billion USD. The average export price in 2022 was 5,938 USD per ton, a decrease of 5.4% from 2021. The exports to several markets, including the US, China, the Netherlands, Germany, Australia, and the UK, saw a decrease in 2022. However, exports to the United Arab Emirates and Saudi Arabia increased. The Vietnam Cashew Association set an export target of 3.1 billion USD for 2023, an increase of 0.6% from 2022.

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

Original content

According to statistics from the General Department of Customs, Vietnam's cashew exports in December 2022 reached 46,930 tons, worth 269.1 million USD. For the whole year of 2022, Vietnam's cashew exports reached 519,780 tons, worth 3.08 billion USD, down 10.3% in volume and 15.1% in value compared to 2021. Thus, in By 2022, Vietnam's cashew exports will not reach the set target of 3.2 billion USD. In December 2022, the average export price of Vietnam's cashew nuts reached $5,734/ton, up 1.0% compared to November 2022, but down 6.8% compared to December 2021. For the whole year of 2022, the average export price of Vietnam's cashew nuts reached $5,938 per ton, down 5.4% compared to 2021. A report by the Import-Export Department (Ministry of Industry and Trade) shows that in 2022, Vietnam's cashew exports to many markets will decrease compared to 2021, including the US, China, the Netherlands, Germany, Australia, and the UK. , Canada. Notably, cashew nut exports to the United Arab ...

Source: Vinacas