Supplier

Vietnam’s cashew exports to the EU market to increase by 15% in volume in 2022

vietnams-cashew-exports-to-the-eu-market-to-increase-by-15-in-volume-in-2022
Image Source: www.mard.gov.vn

According to the Ministry of Industry and Trade, it was estimated that Vietnam’s cashew exports in 2021 to the EU market reached 135 thousand tons, worth 816 million USD, up 16.5% in volume and 7.9% in value compared to the previous year.

According to the Ministry of Industry and Trade, it was estimated that Vietnam’s cashew exports in 2021 to the EU market reached 135 thousand tons, worth 816 million USD, up 16.5% in volume and 7.9% in value compared to the previous year. The above positive growth is due to the high demand for cashew nuts in the EU in the last month of the year according to the cyclical factor, in order to serve the Christmas holiday and welcome the new year.

Notably, the structure of Vietnam’s cashew exports to the EU market has generally fluctuated. In addition to focusing on exporting the main types of cashew nuts W320 and W240, the Vietnamese cashew industry promotes the export of high-value cashews such as W180.

Cashew nut exports to the EU in 2022 are expected to increase by about 15% in volume and 10% in value compared to 2021, reaching over 155,000 tons, worth 900 million USD.

Share this on

Leave a Comment

 
 

Follow us

Let's connect on any of these social networks!