Nuts

Cashews: Vietnam increases exports

October 29, 2020 2:28 PM, Der AUDITOR
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HANOI. The fact that the export figures for cashew nuts rose again in September gives producers and traders hope for the coming holiday season. However, concerns about the coronavirus pandemic remain.

Drop in export value

The Import and Export Department of the Vietnamese Ministry of Industry and Trade forecasts that the country's cashew exports will increase steadily towards the end of the year. Demand is particularly good from the important export markets of the USA, Europe, India and China, not least due to the upcoming holidays. The annual export target of 450,000 mt worth USD 3.2 billion could therefore still be achieved. Already in September there was an increase in exports; compared to August, 10.3% more cashew nuts were shipped overseas, the increase comp

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