Cashews: Vietnam's exports on the rise

June 21, 2021 at 4:13 PM, Der AUDITOR
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HANOI. Vietnamese exporters can be very satisfied with the first five months of the year - exports increased significantly year-on-year. Foreign buyers are probably less happy with the development of export prices.

Prices continue to rise

Although the coronavirus pandemic continues to cause significant difficulties in all areas, the Vietnamese Ministry of Agriculture and Rural Development announced that the country's agricultural exports have largely recovered. Goods worth USD 22.58 billion were shipped in the January-May 2021 period, up 30% from the same period last year. Asia is by far the most important export market with 46.5%, followed by America (27%) and Europe (10.1%). The EU even ranks second in cashew exports; in the first five months of the year, 33,885 mt of cashew

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