In December 2023, Vietnam exported over 63,000 tons of cashew nuts worth more than $343 million, and throughout the year, the cumulative export volume reached over 644,000 tons with a value of $3.644 billion, an increase of 24% and 18% respectively compared to 2022. The United States remained Vietnam's largest cashew export market, with exports in 2023 reaching $885.5 million, followed by China with $683 million and the Netherlands with $353 million. Despite the high export levels, Vietnam still heavily relies on imported raw materials, with nearly 2.77 million tons of cashew nuts imported in 2023 worth nearly $3.2 billion.
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
According to the "Vietnam Electronic News", preliminary statistics just released by the General Administration of Customs of Vietnam show that in December 2023, cashew nut exports exceeded 63,000 tons, and the export value exceeded US$343 million. Throughout 2023, the cumulative export volume of cashew nuts reached more than 644,000 tons, and the export value reached US$3.644 billion. Compared with 2022, the export volume increased by 24%, and the export value increased by 18%. This is believed to be the highest export level ever achieved by the cashew industry (approximately $7 million higher than the record set in 2021). The export market for cashew nuts is quite diversified, including traditional markets such as the United States, China, and the Netherlands. Specifically, the United States continues to maintain its position as Vietnam's largest cashew export market, with exports in 2023 reaching US$885.5 million, an increase of 5% from 2022, and accounting for ...
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