In January 2019, the US was the largest cashew export market of Vietnam, reaching 10,822 tons worth of USD 87.85 million, up 20.4% in volume and 20.3% in value compared to 12/2018.

The Ministry of Industry and Trade quoted statistics from the General Department of Customs, saying that the export of cashew nuts in January 2019 reached 32.7 thousand tons, worth USD 266.3 million, down 3.7% in volume and 3, 2% of the value compared to December 2018, an increase of 7.2% in volume, but a decrease of 14.9% in value compared to January 2018.

The average export price of cashew nuts in 1/2019 reached USD 8,137 / ton, up 0.6% compared to December 2018, but fell sharply by 20.6% compared to January 2018. In particular, the average export price of cashew nuts to the US market reached USD 8,118 / ton, down slightly by 0.1% compared to December 2018 and down by 22.1% compared to January 2018.

Notably, the average export price of cashew nuts to the Dutch market in January 2019 increased by 10.7% compared to December 2018, reaching USD 8,835 / ton, down from 21/2018 to 21%. The average export price of cashew nuts to the two markets Italy and the Philippines increased sharply with an increase of 17.4% and 36.2% respectively compared to December 2018.

It is known that as of the end of 1/2019, the US is Vietnam’s largest cashew export market, reaching 10,822 tons with a value of 87.85 million USD, up 20.4% in volume and 20.3% in terms of value compared to December 2018, compared with January 2018, increased by 17.1% in volume, but decreased by 8.7% in value.

Notably, cashew nut exports to the Italian market recorded 10 major export markets with an increase of 57.7% in volume and 85.1% in value compared to 12/2018, reaching 719 tons with value. $ 4.54 million, compared with January 2018, decreased 13% in volume and 43.2% in value.

China is Vietnam’s second largest cashew export market in January 2019, reaching 4,997 tons worth USD41.45 million, down 30.9% in volume and 31.8% in value. compared with 12/2018, compared with the same period in 2018, decreased by 17.5% in volume and 30.8% in value.