echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Vietnamese cashews account for nearly 90% of the U.S. market share

    Vietnamese cashews account for nearly 90% of the U.S. market share

    • Last Update: 2021-10-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    (People's Daily) According to data from the US International Trade Commission, in the first seven months of 2021, the US imported cashew nuts amounted to approximately 97,000 tons, a year-on-year increase of 0.
    5%; imports amounted to US$615 million, a year-on-year decrease of 6.
    1% .
     
    In the first seven months of 2021, the United States imported 87,000 tons of cashew nuts from Vietnam, a year-on-year increase of 0.
    7%; imports amounted to US$545 million, a year-on-year decrease of 6.
    4%
    .

     
    Due to the complexity and severity of the new crown pneumonia epidemic, Vietnam needs to implement social distancing measures on a large scale and long-term, and high freight costs have a negative impact on Vietnam's cashew export activities to the United States
    .
     
    In addition, Vietnamese cashews also compete fiercely with cashews from Côte d’Ivoire, Nigeria and other countries
    .
    Nevertheless, the market share of Vietnamese cashew nuts in the United States has increased from 89.
    08% in the first seven months of 2020 to 89.
    26% in the first seven months of 2021
    .

     
    This also shows that with high-quality and stable supply sources, Vietnamese cashew nuts still maintain the status of the number one supplier in the United States
    .
    (over)
    U.
    S.
    cashew nuts imports
     
      In the first seven months of 2021, the United States imported 87,000 tons of cashew nuts from Vietnam, a year-on-year increase of 0.
    7%; imports amounted to US$545 million, a year-on-year decrease of 6.
    4%
    .
     
      Due to the complexity and severity of the new crown pneumonia epidemic, Vietnam needs to implement social distancing measures on a large scale and long-term, and high freight costs have a negative impact on Vietnam's cashew export activities to the United States
    .
     
      In addition, Vietnamese cashews also compete fiercely with cashews from Côte d’Ivoire, Nigeria and other countries
    .
    Nevertheless, the market share of Vietnamese cashew nuts in the United States has increased from 89.
    08% in the first seven months of 2020 to 89.
    26% in the first seven months of 2021
    .

     
      This also shows that with high-quality and stable supply sources, Vietnamese cashew nuts still maintain the status of the number one supplier in the United States
    .
    (over)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.