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  • Vietnam: Cashew nut exports hit US$1.2 billion in nine months

    Sep 30th, 2013

    <p>Vietnam earned US$1.19 billion from exporting 188,000 tonnes of cashew nuts in the first nine months of this year, a year-on-year increase of 9.3% in value and 16.5% in volume. About 21,000 tonnes worth US$134 million were shipped abroad in September alone, according to the Ministry of Agriculture and Rural Development.</p> <p>The US, China and the Netherlands are Vietnam&rsquo;s largest cashew nut importers, accounting for 34.4%, 16.6% and 10.4% of the total export value, respectively. Between January-August, cashew nut exports to India increased 101.8% in volume and 67.8% in value compared to the same period last year.</p> <p>The Vietnam Cashew Association (Vinacas) forecast the cashew nut market would continue to pick up in the near future. By early August, average export prices hit US$7,600 per tonne, US$1,300 higher than the first two quarters.</p> <p>&nbsp;</p>


    Source: talkvietnam
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