Cashew nuts are very popular in the country, not to mention the Southeast provinces, where there is a large area of ​​​​"digging" trees. In which, Binh Phuoc is considered the "cashew capital" of the country, with an area of ​​175,000 hectares, accounting for nearly 50% of the area and more than 54% of the country's cashew production. The price of cashew nuts depends on the quality and taste of the nut. Salt-roasted cashews include 2 types: salted roasted with silk shell and peeled, currently priced from 200,000 to 500,000 VND/kg. Cashew nuts are small in size, cashew nuts are cheaper. Recently, in addition to salted roasted cashews, there are other types of deep processing such as butter roasted cashews, mustard seeds, garlic and chili cashews... According to estimates, Vietnam's cashew exports last year to the EU market reached 135,000 tons, worth 816 million USD, up 16.5% in volume and 7.9% in value compared to 2020. This positive growth is due to the EU's demand for cashew nuts in the last month of the year reaching a high level according to the cyclical factor, in order to serve the Christmas holiday and welcome the New Year. According to the Ministry of Industry and Trade, the EU is currently Vietnam's second largest cashew nut export market, accounting for 23% of the total volume and 22% of the total value of the industry. This year's export prospect is expected to increase by about 15% in volume and 10% in value compared to 2021. Based on supply and demand factors, export prices tend to recover from the end of the year. past.