Vietnam is the world's number one cashew nut supplier
Raw Cashew Nut
Vietnam
Market & Price Trends
Published Sep 30, 2023
Tridge summary
Vietnam has maintained its position as the top exporter of cashew nuts for 16 straight years, accounting for 80% of global output. From the beginning of the year to August 2023, the country exported nearly 395,600 tons of cashew nuts, valued at $2.28 billion. The US and China remain the largest customers, with the US importing 103,696 tons worth $591.7 million, and China importing 57,828 tons worth $360.7 million.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
From the beginning of the year to the end of August 2023, our country exported nearly 395,600 tons of cashew nuts, worth 2.28 billion USD (up 15.5% in volume and 11.3% in value over the same period last year). 2022). According to the electronic newspaper vietnamnet.vn, Vietnam is maintaining the number 1 position in the world in cashew export for 16 consecutive years, accounting for 80% of total global output. In the first eight months of 2023, the US and China are still the largest customers of Vietnamese cashew nuts, accounting for 41.8% of total export turnover. Specifically, cashew exports to the US market reached 103,696 tons, worth 591.7 million USD; Cashew exports to the Chinese market reached 57,828 tons, earning 360.7 million USD. In particular, cashew exports to the United Arab Emirates and Saudi Arabia increased sharply over the same period in 2022, at 46.6% and 40.1%, ...
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