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Vietnamese Cashew Nuts Export Price May Rise

Pubtime:2019-10-15Author:Source: Hits:

According to the report of Vietnam Agricultural Products Processing and Marketing Bureau, the Vietnamese cashew nuts export volume in July 2019 reached 39,900t, worth of USD 294 million.

The cashew nut export volume has reached 235,000t in the first seven months in 2019 increasing 12.3% on year-on-year basis, worth of USD 1.8 billion, lowering 10%.

In the first half year, USA, China and the Netherlands became the largest export-oriented markets of cashew nuts, respectively accounting for 32.3%, 14.9% and 9.5%.

The price of cashew nuts in global market soared. This is the most positive news for the Vietnamese cashew nut market recently. The export price of the cashew nuts may rise, as predicted by Vietnam Agricultural Products Processing and Marketing Bureau.