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  • Dong Nai (Vietnam): Increase in export of cashew by 40% in first 10 months of 2014

    Nov 13th, 2014

    <p>According to the Department of Trade and Industry, Dong Nai Province exported 26,000 tonnes of cashew kernels with a turnover of USD 171 million in the first 10 months of 2014. The cashew exports increased by 30% in volume and 40% in value as compared to last year over the same period.The main export markets include the US, China, Canada, Australia and Russia, Britain, the Netherlands. Currently the demand is increasing, but most traders are not able to supply sufficient stock to meet market demand.</p> <p>According to the Vietnam Cashew Association (Vinacas) in 2015, processing and exporting cashew kernels will continue to grow. Known cashew export volume of the country in 10 months was 257,000 tonnes with a turnover of $ 1.68 billion which is increase by 20% in volume and nearly 25% in value over the same period in the last year. United States, China, the Netherlands were the country&#39;s largest export markets</p>


    Source: VINACAS
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