The United States is Vietnam's largest cashew export market.

According to the General Department of Customs, Vietnam's cashew nut export turnover increased by 18.7% over the same period last year, reaching 1.94 billion USD in the first 6 months of 2024.

Among 33 cashew nut export markets, the United States is the largest export market with 93,105 tons, up 24% over the same period last year and accounting for 26% of Vietnam's total cashew nut exports.

Among 33 cashew export markets, the United States is the largest export market with 93,105 tons.

In addition to the United States, Vietnam's cashew import markets of over 10,000 tons also include China with 65,837 tons, up 63% over the same period last year; the Netherlands with 29,981 tons, up 13% over the same period last year; Germany with 11,814 tons, up 40% over the same period last year and the UAE with 10,161 tons, up 37% over the same period last year.

In ASEAN, Vietnam exported 1,723 tons of cashew nuts to the Philippines, up 9% year-on-year; to Singapore with 563 tons, up 4% year-on-year; and to Thailand with 4,705 tons, up 2% year-on-year.

In the first half of 2024, Vietnam recorded 6 cashew nut export markets decreasing and 27 markets increasing in volume compared to the same period last year. Lithuania was the market with the largest increase with an increase of 136%, followed by Belarus with an increase of 77% over the same period last year, Russia with an increase of 70% over the same period last year... On the contrary, Pakistan was the cashew nut export market with the deepest decrease with a decrease of 79% over the same period last year, followed by Kazakhstan with a decrease of 24% over the same period last year, Norway with a decrease of 9% over the same period last year...

In terms of turnover, the three markets with the largest cashew nut export turnover in the first half of 2024 were the United States with 505 million USD, up 16% over the same period last year; China with 362 million USD, up 39% over the same period last year; and the Netherlands with 168 million USD, up 7% over the same period last year. The total value of cashew nuts exported to these three markets reached 1.03 billion USD, accounting for 53% of Vietnam's export turnover of this item.

Other markets with large cashew nut export turnover include Germany with 63 million USD, up 33% over the same period last year; UAE with 58 million USD, up 38% over the same period last year; UK with 48 million USD, up 5% over the same period last year; Australia with 45 million USD, up 19% over the same period last year; Canada with 43 million USD, up 14% over the same period last year; Saudi Arabia with 39 million USD, down 3% over the same period last year...

In the first half of 2024, 7 of Vietnam's cashew nut export markets saw a decline in turnover and 26 markets saw an increase compared to the same period last year. Lithuania had the highest growth rate with an increase of 144% compared to the same period last year, while Pakistan had the deepest decline with an 81% decrease compared to the same period last year.

Regarding price, according to the General Department of Customs, cashew nuts exported to Hong Kong (China) market have the highest price at 7,986 USD/ton, followed by Israel with 7,007 USD/ton. These are two of 33 cashew nut export markets of Vietnam with prices reaching over 7,000 USD/ton.

In the 6,000 USD group, Vietnam exported cashew nuts to Taiwan (China) with an average price of 6,892 USD/ton, Egypt with 6,843 USD/ton, Kuwait with 6,255 USD/ton, Iraq with 6,203 USD/ton, India with 6,069 USD/ton, Pakistan with 6,063 USD/ton.

Italy is the market with the lowest average export price of cashew nuts at 3,673 USD/ton, followed by the Philippines at 4,314 USD/ton, New Zealand at 4,823 USD/ton...

Source: https://congthuong.vn/hoa-ky-la-thi-truong-xuat-khau-hat-dieu-lon-nhat-cua-viet-nam-332118.html