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Vietnamese Cashew Export Going Powerful

Pubtime:2015-06-16Author:Source:Ministry of Commerce Hits:

Vietnam Economic Times reported recently that AGROVIET data showed the cashew export volume in May was 32,000ton, and export value reached 221 Million USD. So far, in the first five months this year, totally 117,000 ton cashews were exported in the entire country, and the export value reached 828 Million USD. The export volume increased 14.4% and export value increased 27.3% year on year. The average export price of cashew in this year is 7146 USD/Ton, increasing 14% year on year. America, China and Netherlands are still the greatest importers of Vietnamese Cashew, respectively accounting for 35.6%, 14.7% and 10.5% of total export volume.


At present, the harvest season of Vietnamese cashew is drawing to an end. As main producing areas, the purchasing price of fresh cashew in Ba Ria-Vung Tau and Binh Phuoc Province has risen from 10,000 Dong/kg to 35,000 Dong/kg. At present, the orders of Vietnam cashew processing enterprises are unfailing, and raw material demand exceeds supply. They need to import in great amount from main production countries such as Ivory Coast, Tanzania, Cambodia and Indonesia.