Cashew nut exports pick up in 2021 despite COVID-19 challenges

Illustrative image. (Photo: nongnghiep.vn)

The country exported 577,400 tonnes of cashew nut for 3.63 billion USD in 2021, up 13 percent and 12 percent, respectively, against the previous year.

According to the Ministry of Industry and Trade’s Agency of Foreign Trade, the export price of Vietnamese cashew nut averaged 6,500 USD per tonne in November and December, a 0.2 percent increase from the same period last year, as the product has been in high demand in the US, Europe, China and others during the final quarter of the year with the festive season approaching.

The US remained Viet Nam’s biggest buyer, accounting for nearly 30 percent of total exports. It was followed by the Europe and China with a market share of 24 percent and 14 percent, respectively, according to the Viet Nam Cashew Association (VINACAS).

TIN LIÊN QUAN
	HCM City’s industrial production up 13.3 percent in November
	Kien Giang enjoys over 7 percent growth in export revenue
	Enterprises urged to together build community for sustainable development
	Tourism sector recovers at year’s end
	Viet Nam, Russia foster cooperation at UN forums