The price of a Vietnamese nut sold to China is 4.8 times higher than that of the same product of Cambodia. The report of the Import-Export Department (Ministry of Industry and Trade) shows that Vietnam is the largest source of cashew nuts for China, the export price of Vietnam's cashews to China is also the highest, 4.8 times higher than cashew nuts. of Cambodia. According to statistics of the General Department of Customs, Vietnam's cashew exports in May 2023 reached 57,000 tons, worth 331 million USD, up 10.9% in volume and 8.3% in value compared to the previous month. April 2023, compared to May 2022, increased by 13.9% in volume and 8.3% in value, in which, the Chinese market tends to increase the purchase of Vietnamese cashew nuts. In the first 5 months of 2023, Vietnam's cashew exports were estimated at 219,000 tons, worth 1.28 billion USD, up 8.0% in volume and 5.5% in value over the same period last year. . In May 2023, the average export price of Vietnam's cashew nuts was estimated at US$5,805/ton, down 2.3% compared to April 2023 and down 4.9% compared to May 2022. Generally in the first 5 months of 2023, the average export price of Vietnam's cashew nuts is estimated at 5,850 USD/ton, down 2.4% over the same period in 2022. Regarding types, in the first 4 months of 2023, Vietnam mainly exported cashew nuts W320, W240, W180, accounting for 62.3% of the total volume and 69.5% of the total export turnover of all kinds of cashew nuts. Therefore, the export growth of the above types of cashew nuts has had a positive impact on the whole industry. Join a Vietnamese hat if you go to China, there is a 48 gap between Cambodia and Cambodia. Vietnam is the largest source of cashew nuts for China, the export price of Vietnam's cashews to China is also the highest, 4.8 times higher than Cambodia's cashews. Photo: TL Specifically, in April 2023, our country's export of W320 cashew nuts reached 20,610 tons, worth 130.44 million USD, up 3.4% in volume and 3.6% in value compared to the previous month, but compared with April 2022, down 0.6% in volume and 0.2% in value. Generally, in the first 4 months of 2023, W320 cashew nut exports reached 67,750 tons, worth $427.11 million, up 6.8% in volume and 3.3% in value over the same period last year. The proportion of W320 cashew nut exports accounted for 41.7% of the total volume and 44.8% of the country's total turnover. Similarly, in the first 4 months of 2023, the export of cashew nuts W240, W180 increased by 5.4% and 57.4% respectively in volume, in terms of turnover increased by 5.2% and 48.4% compared to that of same period last year, reaching 24,150 tons and 9,280 tons, worth $164.35 million and $70.86 million. In contrast, Vietnam reduced exports of some types of cashew nuts in the first 4 months of this year, including: cashew WS/WB, SP, W210, DW. In general, exports of the above categories are low. A report by the Import-Export Department (Ministry of Industry and Trade) shows that Vietnam is the largest source of cashew nuts for China. According to statistics from the Chinese Customs, the country's cashew imports in the first four months of 2023 reached 11,660 tons, worth over $50 million, up 26.1% in volume, but down 9.9 % in value over the same period last year. The average import price of China's cashew nuts reached $4,287 per ton, down 28.6% over the same period in 2022. The main sources of cashew nuts for China include: Vietnam, Ivory Coast, Cambodia... In which, China imported 6,854 tons of cashew nuts from Vietnam in the first 4 months of 2023, worth $41,529 million. Notably, Vietnam's cashew export price to China is the highest in the markets, at $6,059/ton, while this figure of Cambodia is $1,436/ton; Ivory Coast is 3,458 USD/ton. However, in the first four months of 2023, China reduced its imports of cashews from Vietnam, but increased its imports from other sources. However, the volume and value of imports from these markets remained low. According to the Import-Export Department, if this trend persists, these will be competitors of the Vietnamese cashew industry in the Chinese market. According to statistics, China tends to increase the import of raw and preliminarily processed cashew nuts, and reduce the import of intensively processed cashew nuts.