Vietnam's number 1 position in cashew import and export in the world is shaking

Meanwhile, most Vietnamese businesses in the cashew industry are facing difficulties, competing with each other to survive, leading to weakening the position of Vietnam's cashew industry from within. Previously, the world cashew market was mainly supplied by Vietnam and India, of which Vietnam accounted for more than 80%. But recently, other sources of supply have emerged, especially from some African countries, causing Vietnam's share of cashew kernels in the market to decrease. At the recent International Cashew Conference organized by the Vietnam Cashew Association, a number of countries affirmed their efforts to rise to the top in global cashew import and export. Mr. N'Guettia Assouman, Chairman of the Ivory Coast Cashew Exporters Association (AEC-CI), said that with 25% of the world's raw cashew output, Ivory Coast holds the No. 2 position in cashew import and export. globally, second only to Vietnam. Currently, Vietnam is consuming 65% to 85% of Ivory Coast's raw cashew ...