Vietnam is becoming the primary supplier of cashew nuts to China and the US

Published 2022년 11월 17일

Tridge summary

In October 2022, Vietnam's cashew exports increased by 15.6% in volume and 13.4% in value compared to the previous month, reaching 44,310 tons worth 265.67 million USD. From January to October 2022, Vietnam's cashew exports decreased by 11.6% in volume and 15.5% in value compared to the same period in 2021, totaling 424,830 tons and 2.54 billion USD. The average export price of Vietnam's cashew nuts in October 2022 was 5,996 USD/ton, and in the first 10 months of 2022, it was 5,991 USD/ton. Vietnam is the main supplier of cashew nuts to China and the US, accounting for 88.3% and 89.42% of their total imports, respectively.

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, in October 2022, Vietnam's cashew exports reached 44,310 tons, worth 265.67 million USD, up 15.6% in volume and 13.4% in value compared to that of the General Department of Customs. with September 2022. In the first 10 months of 2022, Vietnam's cashew exports reached 424,830 tons, worth 2.54 billion USD, down 11.6% in volume and 15.5% in value over the same period in 2021. In October 2022, the average export price of Vietnam's cashew nut reached 5,996 USD/ton, in the 10 months of 2022, the average export price of Vietnam's cashew nut reached 5,991 USD/ton, down 4.4 % over the same period in 2021. Currently, Vietnam is becoming the main market for supplying cashew nuts to China and the US. According to the Chinese Customs, the cashew nut imports of this market in September 2022 reached $21.34 million. In the first nine months of 2022, China's cashew import value reached $213.74 million, up 69.9% over the same period in ...

Source: Danviet