Cashew exports in first 11 months of 2019
Friday, January 17,2020AsemconnectVietnam - In the first 11 months of 2019, the whole country exported 413,373 tons of cashew nuts, earning over 2.99 billion USD.
According to calculations from the General Department of Customs, in November of 2019, the country's cashew exports decreased by 6.5 per cent compared to October of 2019 and by 4.1 per cent in turnover, reaching 41,134. tons, earning 292.28 million USD.
The cashew export price in November of 2019 increased by 2.6 per cent compared to October of 2019 but decreased by 10.5 per cent compared to November of 2018, reaching 7,105.5 USD per ton.
On average, in the first 11 months of 2019, the whole country exported 413,373 tons of cashew nuts, earning over 2.99 billion USD, the average price was 7,239.4 USD per ton, up by 21.7 per cent in volume but down by 3.3 per cent in turnover and down by 20.5 per cent in price compared to the first 11 months of 2018.
Vietnam's cashew nuts exported mostly to the United States, which accounted for 32 per cent of the total export volume and total export turnover of cashew nuts of the whole country, with 134,569 tons, equivalent to 944.84 million USD, at 7,021.2 USD per ton, increased by 8.9 per cent in volume but decreased in price and turnover over the same period in 2018, with a decrease of 23.7 per cent and 17 per cent respectively.
Vietnam’s exports of cashew nuts in the first 11 months of 2019 – source: the General Department of Customs - Unit: USD
Market
|
First 11 months of 2019
|
Vs. same period of 2018 (%)
|
Percentage (%)
|
|||
Volume (ton)
|
Value (USD)
|
Volume
|
Value
|
Volume (ton)
|
Value (USD)
|
|
Total
|
413,373
|
2,992,570,752
|
21.68
|
-3.25
|
|
|
The U.S
|
134,569
|
944,838,253
|
8.91
|
-16.95
|
32.55
|
31.57
|
China
|
67,557
|
520,007,269
|
50.76
|
32.44
|
16.34
|
17.38
|
The Netherlands
|
42,055
|
315,022,336
|
6.24
|
-16.55
|
10.17
|
10.53
|
Germany
|
15,789
|
118,775,639
|
48.78
|
18.01
|
3.82
|
3.97
|
Australia
|
14,560
|
103,308,025
|
28.21
|
2.42
|
3.52
|
3.45
|
Britain
|
15,010
|
101,090,637
|
10.5
|
-15.26
|
3.63
|
3.38
|
Canada
|
11,772
|
89,598,999
|
12.93
|
-12.55
|
2.85
|
2.99
|
Thailand
|
8,714
|
62,690,377
|
15.02
|
-8.41
|
|
|
Israel
|
6,601
|
50,582,891
|
26.29
|
1.67
|
1.6
|
1.69
|
Russia
|
6,445
|
46,739,943
|
11.56
|
-9.47
|
1.56
|
1.56
|
France
|
5,060
|
41,770,895
|
26.98
|
0.71
|
1.22
|
1.4
|
Italy
|
6,995
|
39,600,510
|
1.19
|
-20.2
|
1.69
|
1.32
|
Spain
|
4,837
|
36,008,367
|
42.26
|
14.16
|
1.17
|
1.2
|
Belgium
|
3,882
|
31,552,321
|
36.35
|
12.63
|
0.94
|
1.05
|
Japan
|
3,385
|
24,503,089
|
6.75
|
-16.28
|
0.82
|
0.82
|
Taiwan (CN)
|
2,921
|
22,923,816
|
37.98
|
13.31
|
0.71
|
0.77
|
Hong Kong (CN)
|
2,231
|
22,031,002
|
21.18
|
7.68
|
0.54
|
0.74
|
Saudi Arabia
|
3,252
|
21,313,202
|
|
|
0.79
|
0.71
|
New Zealand
|
2,928
|
20,049,402
|
12.62
|
-13.46
|
0.71
|
0.67
|
India
|
2,723
|
16,035,842
|
-37.97
|
-50.22
|
0.66
|
0.54
|
Egypt
|
1,632
|
13,076,503
|
|
|
0.39
|
0.44
|
The U.A.E
|
2,177
|
12,607,334
|
-21.21
|
-39.75
|
0.53
|
0.42
|
Iraq
|
1,292
|
10,435,956
|
|
|
0.31
|
0.35
|
The Philippines
|
1,391
|
8,025,046
|
-4.07
|
-35.6
|
0.34
|
0.27
|
Greece
|
1,068
|
7,872,022
|
37.1
|
13.4
|
0.26
|
0.26
|
Ukraine
|
1,018
|
7,515,168
|
48.18
|
26.05
|
0.25
|
0.25
|
Norway
|
888
|
6,493,865
|
-19.35
|
-37.28
|
0.21
|
0.22
|
South Africa
|
690
|
4,677,780
|
-17.27
|
-41.13
|
0.17
|
0.16
|
Singapore
|
588
|
4,342,641
|
-3.13
|
-25.98
|
0.14
|
0.15
|
Kuwait
|
159
|
1,413,038
|
|
|
0.04
|
0.05
|
Pakistan
|
148
|
1,138,835
|
164.29
|
136.49
|
0.04
|
0.04
|
CK
Source: VITIC
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