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Import Volume of Vietnamese Cashew Nuts Keep Lowering

Pubtime:2021-11-17Author:Source: Hits:

According to data released by Vietnam Bureau of Customs, in September national cashew nut import from Vietnam is 206.810t, and import amount is nearly USD271.5 million, decreasing 10.3% and 7.1% respectively on QoQ basis.

In terms of import market, from early this year especially from March and April when import from Cambodia soared abnormally, the import of Cambodian cashew nuts slumped. On the contrary, the traditional market in Africa, especially Ivory Coast gained the leading position again.

In September, China imported 100.268t cashew nuts from Ivory Coast, accounting for 48.5%; the import amount is nearly USD127.5 million, accounting for 47%.

In the meantime, import volume from Cambodia is only 8920t, and import amount is USD14.5 million, decreasing nearly dozens of times compared to that in peak period this year (the import volume from Cambodia in April is the largest, nearly 420,000t.)

In the first nine months this year, cashew nuts imported from Vietnam exceeded 2.5 million ton, with import amount of nearly USD3.7 billion, respectively increasing 129.1% and 171.8%.