Exports of cashew nuts in first ten months of 2019
Monday, December 9,2019AsemconnectVietnam - According to the General Department of Customs, in the first 10 months of 2019, cashew exports reached 372,290 tons, worth of 2.7 billion USD, up by 22.3 per cent in volume, but down by 4 per cent in value compared to the first 10 months of 2018.
In October of 2019, Vietnam also exported to the U.S 13.510 tons of cashew nuts, worth of 88.76 million USD, down by 3.66 per cent in volume and 2.98 per cent in value, with the average price of 7060.01 USD per ton, up by 0.71 per cent compared to September of 2019. In comparison with October of 2018, the figure was up by 40.19 per cent in volume and up by 5.47 per cent in value, and the average price decreased by 24.76 per cent.
China ranked second after the US market with 58,140 tons, worth of 447,280 million USD, up by 58.16 per cent in volume and 36.30 per cent in value over the same period of 2018, although the average export price decreased by 13.82 per cent with only 7692.53 USD per ton. In October of 2019 alone, the country exported to the Chinese market 8,420 tons of cashew nuts, valued at 63.70 million USD, the average price reached 7564.35 USD per ton, up by 8.2 per cent in volume, 9.59 per cent in value. The average price increased by 1.29 per cent compared to September of 2019. In comparison with October of 2018, the figure increased both in volume and value, up by 25.74 per cent and 17.11 per cent respectively but the average price decreased by 6.86 per cent.
The next were the Netherlands, Germany and Britain with 36,610 tons; 14,480 tons and 13,590 tons worth of 275.13 million USD; 109.22 million USD and 92.23 million USD, respectively.
In contrast, the exports of cashew nuts to South Africa and Norway markets fell sharply by 23.59 per cent and 22.18 per cent respectively with 625 tons and 806 tons, and the turnover also decreased by 46.07 per cent and 42.09 per cent over the same period last year.
Vietnam’s exports of cashew nuts in the first ten months of 2019 – Source: the General Department of Customs
Market
|
First 10 months of 2019
|
+/- vs. same period of 2018 (%)
|
||
Volume (ton)
|
Value (USD)
|
Volume
|
Value
|
|
The U.S
|
122,595
|
865,521,535
|
7.91
|
-18.12
|
China
|
58,145
|
447,282,313
|
58.16
|
36.3
|
The Netherlands
|
36,615
|
275,133,289
|
3.65
|
-20.32
|
Germany
|
14,488
|
109,224,566
|
49.38
|
17.54
|
Britain
|
13,595
|
92,233,994
|
10.44
|
-15.92
|
Australia
|
13,446
|
96,067,072
|
31.05
|
4.28
|
Canada
|
10,926
|
82,531,278
|
13.41
|
-13.36
|
Thailand
|
8,043
|
57,728,466
|
13.84
|
-10.42
|
Italy
|
6,552
|
37,061,906
|
2.79
|
-20.18
|
Russia
|
6,042
|
43,974,394
|
16.21
|
-6.94
|
Israel
|
5,903
|
45,563,046
|
26.95
|
1.15
|
France
|
4,620
|
38,271,994
|
26.92
|
0.08
|
Spain
|
4,552
|
34,012,160
|
42.47
|
13.57
|
Belgium
|
3,675
|
29,873,225
|
41.95
|
16.16
|
Japan
|
3,112
|
22,656,448
|
9.23
|
-15.21
|
New Zealand
|
2,667
|
18,246,076
|
11.59
|
-14.96
|
Taiwan
|
2,545
|
19,923,502
|
38.54
|
12.01
|
India
|
2,502
|
14,210,590
|
-37.9
|
-52.55
|
The U.A.E
|
1,987
|
11,434,232
|
-20.71
|
-40.7
|
Hong Kong (CN)
|
1,937
|
19,211,539
|
23.14
|
9.56
|
The Philippines
|
1,281
|
7,489,612
|
-7.64
|
-38.26
|
Greece
|
1,004
|
7,386,892
|
60.13
|
28.98
|
Ukraine
|
913
|
6,765,785
|
64.21
|
37.1
|
Norway
|
806
|
5,921,565
|
-25.58
|
-42.09
|
South Africa
|
625
|
4,221,154
|
-23.59
|
-46.07
|
Singapore
|
514
|
3,800,778
|
-8.21
|
-30.48
|
Pakistan
|
133
|
1,032,185
|
137.5
|
114.34
|
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