Vietnam is the world’s largest cashew exporter. According to the report of Vietnam Macadamia Association, Vietnams will import 500000t raw cashew nuts additionally to meet its annual export target from now to October.

The report said due to unseasonal rain in Vietnam, the output of Vietnamese cashew in 2016/17 is reduced. The local cashew output may not meet local processing demands. Without supplementation of imported raw cashews, the Vietnam cashew industry cannot realize export objective of 360000ton dry cashew nuts.  

Currently, two thirds nuts of the cashew nut industry in Vietnam are imported.

Data of Vietnamese customs department shows in the first half year, Vietnam imported about 400000t raw cashew from Africa to make up insufficient domestic supply; while in the first year of 2017, Vietnam exported 165000ton cashew, worth of USD 1.62 billion, increasing 2.3% than the previous year in quantity and increasing 27% in amount.