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Vietnam exported over US$2 billion worth of cashew nuts 

 Wednesday, August 22,2018

AsemconnectVietnam - Vietnam exported 207,600 tons of cashew nuts worth of US$1.98 billion in the first 7 months of this year, increased by 10.8 per cent in quantity and 7.5 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.

In July of this year, Vietnam exported 32,700 tons of cashew nuts worth of $286.6 million, up by 1.3 per cent in quantity but down by 2.2 per cent in value over the same period last year.

The U.S was the biggest cashew export market of Vietnam in the first 7 months of this year with 79,900 tons worth of $766 million, up by 18.02 per cent in quantity and 12.7 per cent in value compared with the same period last year. It was followed by the Netherlands with 24,600 tons worth of $249.9 million; and then China – 21,700 tons worth of $205.2 million.

In the first 7 months of this year, Vietnam’s exports of cashew nuts to Ukraine increased sharply by 2.09 times in quantity and 3.22 times in value year – on - year to $2.8 million; to Greece – up by 2.03 times in quantity and 96.69 per cent in value to $3.6 million; and to the Philippines – up by 72.08 per cent in quantity and 92.84 per cent in value to 974 tons worth of $8.8 million.

Meanwhile, the exports to Pakistan fell by 93.49 per cent in quantity and 94.02 per cent in value to 14 tons worth of $131,300.

Vietnam’s leading cashew export markets in the first 7 months of 2018 -
source: VITIC – according to the figures of the General Department of Customs
Market
First 7 months of 2018
First 7 months of 2018 vs. same period of 2017 (%)
Quantity (Ton)
Value (US$)
Quantity
Value
The U.S
79,986
766,021,810
18.02
12.7
The Netherlands
24,604
249,919,749
-14.28
-13.23
China
21,740
205,217,935
-2.27
-4.96
Britain
8,340
77,113,623
-8.64
-10.02
Australia
6,649
61,814,528
-11.63
-15.59
Germany
6,214
62,198,668
24.6
24.2
Canada
6,176
63,287,098
17.41
17.16
Thailand
4,846
45,347,510
-0.43
-7.18
Italy
4,491
34,766,699
44.87
57.1
Russia
3,670
34,647,471
20.01
14.82
CK
Source: VITIC

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