According to statistics from the General Department of Customs, accumulated from the beginning of the year to the end of August 15, 2021, Vietnam's cashew exports reached 348.7 thousand tons, worth 2.14 billion USD, an increase of 21. 5% in volume and 15.6% in value over the same period in 2020. The average export price of Vietnam's cashew nuts reached 6,095 USD/ton, down 6.1% over the same period in 2020. Exhaust the number of high school students in the diem Cashew exports increase in many key markets Vietnam's cashew exports to most of the main markets increased. Notably, cashew nut exports to the markets of Russia, Japan, France... increased sharply. According to the Vietnam Trade Office in the UAE (concurrently Qatar), in the first 7 months of 2021, Vietnam's cashew exports to the UAE reached approximately $23 million, up 200% over the same period last year. According to the International Trade Center (ITC), Switzerland's cashew nut imports from Vietnam in the first 6 months of 2021 reached 777 tons, worth US$6.52 million, up 40.4% in volume and 35 percent. 6% in value compared to the first 6 months of 2020. Vietnam's cashew nut market share in total Swiss imports increased from 38.58% in the first 6 months of 2020 to 53.16% in the first 6 months. 2021. Thus, Vietnamese cashew nuts are having a great competitive advantage in the Swiss market. Cashew nuts imported to Japan previously came mainly from India, but this market is gradually shifting to Vietnamese cashews. In the first 5 months of 2021, Japan increased its imports of cashews from Vietnam, an increase of 4.5%, reaching 12.92 million USD. Vietnam's cashew nut market share in Japan's total import value accounted for 38.97% in the first 5 months of 2021, higher than 33.09% in the first 5 months of 2020. Vietnam's cashew industry has affirmed its position as the number 1 supplier in most major import markets. The Import and Export Department forecasts that Vietnam's cashew nut exports will be favorable in the near future due to the increased demand for cashew nut consumption in Europe and the United States due to the cyclical factor. Many large enterprises have orders for delivery in 2022. Forecast of open market prospects According to information from https://www.mordorintelligence.com, global cashew nut consumption is forecast to grow at an average rate of 4.6%/year in the period 2021 - 2026. Global trends are favoring the regime. vegan and plant-based. Plant-based vegans prefer alternative protein sources to animal-based protein sources, leading to increased demand for nuts and nut-based foods. North America is the largest global importer of cashew nuts. Due to topographical factors, the climate is not favorable for cashew nut production, so this area is dependent on imports. Similarly, Europe is also completely dependent on imports, while the demand for cashew nut consumption tends to increase. Asia - Pacific is the world's largest cashew nut consumption market. In recent years, there has been increasing interest in the use of cashews in regular diets and healthy instant snacks. Vietnam is the largest supplier of cashew nuts to the United States, China, Australia, Canada and New Zealand. In the context that the 4th wave of Covid-19 is still complicated, Vietnam's cashew industry will still face difficulties in the short term, as tighter social distancing measures will have a negative impact. to the production and transportation of cashew nuts in our country. The shortage of empty containers is likely to continue in the coming months. High freight rates are expected to last until 2022. High freight rates make Vietnam's cashew nut prices difficult to compete with. with products from India, Brazil. The Import-Export Department recommends that Vietnam's cashew industry needs to make good use of markets in Asia such as China, Japan and some niche markets of the EU. Expanding the form of transport will help businesses accelerate progress. The train carrying containers directly from Hanoi to Belgium, marking the opening of more transport routes deep into the European interior, will help Vietnam's goods circulation more convenient. In parallel with the effective exploitation of the export market. Mr. Pham Van Cong, Chairman of the Vietnam Cashew Association - said that in order to improve the value chain of the cashew industry, processing enterprises are currently investing in technology for preliminary processing of cashew kernels, creating good quality of cashew kernels. Moreover, while investing in deep processing technology of cashew nut, creating the final product of cashew nut in order to improve the export position, bring greater value to Vietnam's cashew industry.