Vietnam's cashew nut exports reached a record high

Published 2023년 9월 25일

Tridge summary

In August 2023, Vietnam's cashew nut exports reached a record high of 60.58 thousand tons, valued at $333.83 million, an increase of 10.8% in volume and 9.7% in value compared to July 2023. Cashew exports to the US and China, the largest customers, saw a significant increase, with exports to the United Arab Emirates market increasing by 148.7%. Industry experts predict that Vietnam's cashew exports will continue to increase in the third quarter of 2023 due to cyclical factors and increased import demand from the US and EU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: doisongphapluat The Import-Export Department (Ministry of Industry and Trade) cited statistics from the General Department of Customs as saying that in August 2023, Vietnam's cashew nut exports continued to record a new record high of 60.58 thousand tons, worth price 333.83 million USD, an increase of 10.8% in volume and an increase of 9.7% in value compared to July 2023, an increase of 29.2% in volume and an increase of 21.8% in value compared to August 2022. value. In the first 8 months of 2023, Vietnam's cashew exports reached nearly 395.6 thousand tons, worth 2.28 billion USD, up 15.5% in volume and 11.3% in value compared to the same period last year. period last year. However, in August 2023, Vietnam's average cashew export price reached 5,510 USD/ton, down 1% compared to July 2023 and down 5.7% compared to August 2022. In the first 8 months of 2023, Vietnam's average cashew export price reached 5,760 USD/ton, down 3.6% over the same period in 2022. According to ...
Source: AgroInfo.vn

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