<p>According to the General Department of Customs, updated from the beginning of the year to February 15, the country exported nearly 58,000 tons of treatment, worth $ 340.5 million, up 62% in volume and 35.4% in value over the same period in 2020. The output growth rate is higher than the value, so it is easy to see that the average export price of this commodity group decreases. Specifically, on average in 2020, the average value will reach more than 7,000 USD / ton, however, at the beginning of 2021, it will only reach nearly 5,800 USD / ton, down about 1,200 USD / ton.</p> <p>Although the big cashew exporting enterprises had orders for the first quarter of 2021, however, the market was quiet, many customers had inventories in other countries, so there was no need to buy near delivery. Far too much latched. On the other hand, in the global cashew value chain, Vietnam mainly exports low-value semi-processed cashews, about 10 USD / kg, while the finished cashew kernels reach consumers in countries about 30 USD / kg. kg. Thus, Vietnam accounts for only about 30% of the cashew industry value chain.</p> <p>Another aspect, our country's cashew nut processing industry is under great pressure from the policy of supporting cashew growers, restricting the export of raw cashew nuts from African countries such as Ivory Coast, Tanzania ... 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>Mr. Pham Van Cong - Chairman of the Vietnam Cashew Association - said that the biggest advantage of the Vietnamese cashew industry is the world's most advanced processing technology produced by Vietnamese people. However, this is not enough. To overcome the above difficulties and challenges, the cashew industry needs to have a methodical strategy to increase the value of cashew nuts, shifting from preliminary processing of cashew nuts and exporting semi-finished products to refined products, going directly into market. In order to contribute to the cashew industry in taking advantage of opportunities, advantages, overcoming challenges and difficulties, the Vietnam Cashew Association is promoting construction to propose to the Government "Strategy for the development of Vietnam's cashew industry in the In particular, proposing mechanisms and policies to strongly implement deep processing, meeting the diverse needs of the world market and winning a worthy position in the global value chain ..</p>