Thursday, October 18,2018 - 9:38 GMT+7  Việt Nam EngLish 

Over US$ 1.4 billion earned from cashew exports 

 Saturday, July 7,2018

AsemconnectVietnam - Vietnam’s exports of cashew nuts increased by 22.1 per cent in quantity and 25.7 per cent in value year – on – year in the first five months of this year to 142,842 tons worth of $ 1.41 billion, showed the statistics figures of the General Department of Customs.

In May, the country’s exports of cashew nuts increased by 13.5 per cent in quantity and 10 per cent in value compared with the previous month to 36,501 tons worth of $ 341.12 million. The figure was up by 10.3 per cent in quantity and 3.5 per cent in value compared with the same period last year. 

The U.S was the country’s biggest cashew export market in the first five months of this year with 53,935 tons worth of $ 532.66 million, increased by 29.5 per cent in quantity and 30.6 per cent in value compared with the same period last year.

The Netherlands followed with 17,520 tons worth of $ 183.99 million, up by 2 per cent in quantity and 10.5 per cent in value; and then China with 15,772 tons worth of $ 152.89 million, up by 6.3 per cent in quantity and 8.2 per cent in value. 

In the first five months of this year, Vietnam’s exports of cashew nuts to Ukraine rocketed by 309 per cent in quantity and 364.4 per cent in value to 274 tons worth of $ 2.64 million. Meanwhile, the exports of cashew nuts to Greece increased by 126.3 per cent to $ 2.64 million; to the Philippines – up by 107.4 per cent to $ 6.42 million; to South Africa – up by 78.4 per cent to $ 5.03 million; to France – up by 77.2 per cent to $ 20.84 million; and to Italy – up by 76 per cent to $ 25.86 million.

However, the exports of cashew nuts to the Philippines decreased by 93.5 per cent in quantity and 94 per cent in value to 14 tons worth of $ 0.13 million; to the U.A.E – down by 21.2 per cent; to New Zealand – down by 3.6 per cent; to Australia – down by 18.7 per cent year – on – year.

Exports of cashew nuts in the first 5 months of 2018 -
source: VITIC – according to the figures of the General Department of Customs 
Market
First 5 months of 2018
First 5 months of 2018 vs. same period of 2017 (%)
Quantity (ton)
Value (US$)
Quantity
Value
Total
142,842
1,405,700,668
22.13
25.69
The U.S
53,935
532,656,803
29.51
30.63
The Netherlands
17,520
183,990,250
2.02
10.52
China
15,772
152,893,353
6.31
8.19
Britain
5,583
52,831,155
5.5
11.69
Canada
4,377
46,947,750
42.39
51.32
Germany
4,115
42,059,009
42.93
49.19
Australia
4,052
38,532,955
-18.81
-18.69
Thailand
3,434
32,900,531
18.41
17.56
Italy
3,149
25,856,704
51.39
76.09
Russia
2,599
25,069,991
55.72
59.46
Israel
2,321
23,736,274
25.6
16.54
France
1,905
20,837,277
74.29
77.19
Spain
1,525
15,371,271
62.93
58.87
India
2,037
14,515,560
16.67
10.48
Japan
1,454
14,012,545
26.66
34.98
The U.A.E
1,296
10,468,890
-23.54
-21.15
Belgium
965
9,976,239
47.1
50.51
Taiwan
890
9,143,357
36.29
32.99
New Zealand
954
8,894,844
-5.92
- 3.62
Hong Kong
698
8,060,675
41.01
47.31
The Philippines
689
6,424,895
74.87
107.43
Norway
536
5,476,214
27.32
31.37
South Africa
495
5,034,175
61.24
78.44
Singapore
292
2,847,846
- 4.26
-4.6
Greece
263
2,644,212
121.01
126.34
Ukraine
274
2,638,438
308.96
364.36
Pakistan
14
131,354
-93.49
-94.02
CK
Source: VITIC

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