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  • Vietnam cashew industry maintains the No. 1 exporter in the world 03/08/2021

    Mar 8th, 2021

    <p>Over the years, Vietnam continuously holds the number 1 position in the world in cashew kernel export.<br /> In the global context that is seriously affected by the COVID-19 pandemic, the Vietnamese cashew industry still strives to maintain this highest ranking.</p> <p>* The world&#39;s leading exporter of cashew nuts</p> <p>Over the past 30 years, from a country that exports raw cashew in small quantity, Vietnam has become the leading cashew nut exporter in the world.</p> <p>According to the Vietnam Cashew Association - Vinacas, if in 1990, Vietnam just started to export cashew kernels with a volume of 286 tons, worth $ 1.4 million, then in 1995, the quantity of cashew kernels exported export reached 15,000 tons, worth 90 million USD.</p> <p>In 1996, for the first time, cashew kernel export value reached 110 million USD. In 2004, for the first time, the quantity of cashew kernel exported reached more than 105 thousand tons equivalent to the export value of 436 million USD.</p> <p>By 2006, for the first time, Vietnam surpassed India to rise to the number 1 position in the world in cashew kernel export with nearly 127 thousand tons, worth $ 504 million.</p> <p>For 15 consecutive years, from 2006 to 2020, even in difficult times, the Vietnamese cashew industry has always maintained its No. 1 position in cashew nut export and completely mastered technology and processing equipment. Out.</p> <p>From 2017 up to now, Vietnam has become the world&#39;s No. 1 cashew processing and import-export center, accounting for more than 50% of processed raw cashew.</p> <p>In 2020, according to statistics from the General Department of Customs, although heavily affected by the COVID-19 epidemic, cashew nut exports still reach nearly 515 thousand tons, worth $ 3.21 billion, up 13%. in volume, but down 2.3% in value compared to 2019.</p> <p>According to Vinacas, in 30 years, from 1990 to the end of 2020, the cashew industry has exported over 4.6 million tons of cashew nuts, with a total value estimated at more than 31 billion USD.</p> <p>Mr. Pham Van Cong, Chairman of VINACAS, said that the biggest advantage of the Vietnamese cashew industry is the most advanced processing technology in the world produced by Vietnamese people.</p> <p>Since the establishment of the cashew processing industry up to now, technology and equipment are constantly being improved and innovated, so in a short time, the cashew industry has grown impressively.</p> <p>Especially in the past 10 years, thanks to the application of science and technology, mechanization and automation of the cashew processing industry, it has solved many previously raised problems such as labor scarcity, environmental pollution to product quality, especially the issue of ensuring food safety and hygiene, is of great concern to cashew importing countries.</p> <p>Mr. Pham Van Cong emphasized that, from a low start, after many countries, the cashew industry has become one of the main export agricultural products of Vietnam.</p> <p>Up to now, Vietnam has exported cashew kernels to more than 90 countries and territories, accounting for around 80% of cashew kernel exports in the world. Cashew exports earned more than 31 billion USD. That is an impressive number of cashew industry in the past 30 years.</p> <p>* Strongly develop deep processing to meet the diverse needs of the market</p> <p>Viet Nam&#39;s treatment maintains its value of 1 world<br /> Processing cashew for export. Photo: IT<br /> Parallel to the favorable opportunities, the Vietnamese cashew industry is also facing many new challenges. According to Mr. Pham Van Cong, first of all, the increasingly deep integration of Vietnam with the world brings great opportunities for the cashew industry to expand markets, develop production and business, but the competition will be increasingly more fierce because Vietnam is part of the global &quot;playing field&quot; and all countries and businesses all over the world make efforts to develop.</p> <p>In addition, cashew nuts produced in Vietnam are of good quality in the top of the world but only meet a very small part for processing.</p> <p>In the global cashew value chain, Vietnam mainly exports low-value preliminary cashew nuts, about 10 USD / kg, while the finished cashew kernels reach consumers in countries about 30 USD / kg. Thus, Vietnam accounts for only about 30% of the cashew industry value chain.</p> <p>Another aspect, our country&#39;s cashew nut processing industry is under great pressure from precisely supporting cashew growers, restricting the export of raw cashew nuts from African countries such as Ivory Coast, Tanzania ...</p> <p>Major cashew consuming markets in the world such as India and China are also applying policies to limit the production of cashew kernel imported from Vietnam.</p> <p>To overcome the above difficulties and challenges, according to experts, the cashew industry needs to have a methodical strategy to increase the value of cashews, shifting from preliminary processing of cashew nuts and exporting semi-finished products to refined processed products. Go directly to the supermarket.</p> <p>Besides, in order to develop a sustainable cashew industry, maintain a stable cashew growing area, it is necessary to pay attention to increasing the income of cashew farmers.</p> <p>Specifically, to improve productivity and quality of cashew orchards, renovate low-yield cashew orchards; promote deep processing activities to increase competitiveness in quality and price in the context of world trade facing many difficulties ...</p> <p>Meanwhile, according to many businesses, improving corporate governance capacity and market forecasting are issues that Vietnamese cashew processing and exporting enterprises need to improve immediately to grasp the law of the market. and have a production and business strategy suitable to the market demand.</p> <p>In order to contribute to the cashew industry in taking advantage of opportunities, advantages and overcoming difficulties, VINACAS is promoting construction to propose to the Government &quot;Strategy for the development of Vietnam&#39;s cashew industry in a new situation&quot;.</p> <p>In particular, proposing state mechanisms and policies to strongly develop deep processing, to meet the diverse needs of the world market and to win a worthy position in the global treatment value chain.</p> <p>Along with that is to strongly develop raw material areas in the direction of quality and efficiency, creating an initiative in quality raw materials for processing.</p> <p>In 2021, Vietnam aims to export cashew nuts to 3.6 billion USD, up 12.9% compared to 2020. The Vietnamese cashew industry will continue to persevere with the goal of &quot;keeping quantity, increasing quality, increasing prices. &quot;in manufacturing and trading in the year 2021 and the following years.</p> <p>According to VINACAS, the supply of cashew nuts in 2021 is quite stable. The total cashew area of ​​Vietnam in 2021 will reach 297,000 ha, equal to 99.7% compared to 2020.</p> <p>Meanwhile, large cashew exporters had orders for the first quarter of 2021. With the above positive signal, Mr. Pham Van Cong said that Vietnam&#39;s cashew nut export will be favorable in 2021./.</p>


    Source: http://www.vinacas.com.vn/
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