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    Home > Food News > Food Articles > Vietnam's cashew export volume drops slightly in first quarter of 2022

    Vietnam's cashew export volume drops slightly in first quarter of 2022

    • Last Update: 2022-05-16
    • Source: Internet
    • Author: User
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    (NDO) Affected by the new crown pneumonia epidemic , the market for imported cashew nuts from Vietnam has changed, which has affected the export of cashew nuts, especially the main export market of cashew nuts in Vietnam
    .
     
    According to statistics from the General Administration of Vietnam Customs, in March 2022, the Vietnamese cashew processing and export industry exported 40,000 tons of cashew nuts, earning US$241 million in foreign exchange.
    The export volume fell by more than 11% year-on-year, and the export value fell by 9%
    .
    In the first quarter of 2022, Vietnam's cashew export volume was 105,000 tons, earning US$630 million in foreign exchange.
    The export volume decreased by 6.
    7% year-on-year, and the export value decreased by 5% year-on-year
    .
     
    The representative of the Vietnam Cashew Nut Association revealed that although the US, Germany, UK and French markets increased the import of Vietnam’s W320 cashew nuts, many traditional major markets in Vietnam’s cashew industry, especially the W320 cashew nuts, saw a sharp drop in their imports, such as the Netherlands, Canada, China, Markets such as Italy and Russia
    .
     
    At the same time, Vietnam's cashew export structure is dominated by W320, W240, and WS/WB cashews
    .
    Especially in the first quarter of 2022, the export volume of W320 cashew nuts accounted for more than 40% of the total export volume and more than 50% of the total cashew nut export volume in the first quarter of 2022
    .
     
      In addition, in mid-March 2022, many cashews exported from Vietnam to Italy encountered problems
    .
    The loss of import and export documents has caused Vietnamese enterprises to be unable to sell, which will affect the export volume and export value of Vietnamese cashew nuts in the first quarter of 2022
    .
     
      As of now, each container of cashew nuts in the missing documents has been controlled
    .
    According to information from the Vietnamese Commercial Office in Italy, the Vietnamese Commercial Office in Italy has cooperated with relevant local authorities to control the goods with missing documents
    .
    (Finish)
    Pandemic imported cashew nuts for export
     
      According to statistics from the General Administration of Vietnam Customs, in March 2022, the Vietnamese cashew processing and export industry exported 40,000 tons of cashew nuts, earning US$241 million in foreign exchange.
    The export volume fell by more than 11% year-on-year, and the export value fell by 9%
    .
    In the first quarter of 2022, Vietnam's cashew export volume was 105,000 tons, earning US$630 million in foreign exchange.
    The export volume decreased by 6.
    7% year-on-year, and the export value decreased by 5% year-on-year
    .
     
      The representative of the Vietnam Cashew Nut Association revealed that although the US, Germany, UK and French markets increased the import of Vietnam’s W320 cashew nuts, many traditional major markets in Vietnam’s cashew industry, especially the W320 cashew nuts, saw a sharp drop in their imports, such as the Netherlands, Canada, China, Markets such as Italy and Russia
    .
     
      At the same time, Vietnam's cashew export structure is dominated by W320, W240, and WS/WB cashews
    .
    Especially in the first quarter of 2022, the export volume of W320 cashew nuts accounted for more than 40% of the total export volume and more than 50% of the total cashew nut export volume in the first quarter of 2022
    .
     
      In addition, in mid-March 2022, many cashews exported from Vietnam to Italy encountered problems
    .
    The loss of import and export documents has caused Vietnamese enterprises to be unable to sell, which will affect the export volume and export value of Vietnamese cashew nuts in the first quarter of 2022
    .
     
      As of now, each container of cashew nuts in the missing documents has been controlled
    .
    According to information from the Vietnamese Commercial Office in Italy, the Vietnamese Commercial Office in Italy has cooperated with relevant local authorities to control the goods with missing documents
    .
    (Finish)
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