Import-Export Department (Ministry of Industry and Trade) cited statistics from General Department of Customs as saying that in March 2024, Vietnam's cashew exports reached 55,000 tonnes, worth 289 million USD, an increase of 106.8% in volume and an increase of 103.4% in value compared to February 2024, an increase of 10.7% in volume compared to March 2023, but a decrease of 2.2% in value.
In the first quarter of 2024, Vietnam's cashew exports reached about 147,000 tonnes, worth 782 million USD, up 31.8% in volume and 20.5% in value compared to the same period in 2023.
Vietnam's average cashew export price reached 5,248 USD/tonne in March 2024, down 1.7% compared to February 2024 and down 11.6% compared to March 2023.
In the first quarter of 2024, Vietnam's average cashew export price is estimated to reach 5,329 USD/tonne, down 8.6% compared to the same period in 2023.
Regarding type structure, in the first 2 months of 2024, Vietnam increased exports of most cashew types compared to the same period last year, except for WS/WB, SP, DW cashews.
According to preliminary statistics from General Department of Customs, in the first 2 months of 2024, Vietnam mainly exported cashew nuts W320 and W240, accounting for 56.71% of the total amount of cashew nuts exported. Therefore, growth in W320 and W240 cashew exports has a positive impact on industry performance.

L. Giang
Source: Vitic/ congthuong.vn