News

Vietnam's cashew exports are at a record high

Published Nov 18, 2023

Tridge summary

Vietnam's cashew nut exports have seen significant growth in volume and value in the first 10 months of 2023. The country exported 516,900 tons of cashew nuts worth $2.95 billion, representing a 21.8% increase in volume and a 15.9% increase in value compared to the same period in 2022. The US and China are the top importers of Vietnamese cashew nuts, accounting for 42.6% of the industry's export turnover.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Accumulated in the first 10 months of 2023, Vietnam exported 516,900 tons of cashew nuts, export value reached 2.95 billion USD, an increase of 21.8% in volume and an increase of 15.9% in value compared to the same period in 2022. . According to the General Department of Customs, in October 2023, Vietnam's cashew kernel exports recorded a new record high of 64,320 tons, worth 358.18 million USD. Increase 13.3% in volume and 15.5% in value compared to September 2023; increased 47.7% in volume and 37.1% in value compared to the same period last year. In the first 10 months of 2023, Vietnam exported 516,900 tons of cashew nuts, worth 2.95 billion USD, up 21.8% in volume and 15.9% in value compared to the same period in 2022. Vietnam's average export price of cashew kernels in October 2023 reached 5,569 USD/ton (up 2% compared to September 2023, but down 7.2% compared to October 2022). In the first 10 months of 2023, the average export price will reach 5,703 USD/ton (down 4.8% over ...
Source: Vinacas
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