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The month-on-month export volume and value of goods increased by 13% and 17% respectively, and the year-on-year export volume and value of goods increased by 2% and 8% respective.
However, from January to May this year, Vietnam's cashew export volume fell by 2% compared with the same period in 2021, and the value of the goods fell by
The estimated total is 208,000 tons, valued at $24 billi.
The estimated total is 208,000 tons, valued at $24 billi.
One of the biggest difficulties in Vietnam's cashew industry today is the fierce competition from neighboring countri.
China is Vietnam's main exporter of cashew nu.
From January to May this year, China imported 11,000 tons of shelled cashew nuts from Vietnam, an increase of 33% over the same period last ye.
Nonetheless, Vietnamese cashews' share in the Chinese market fell by about 10 percent, with cashews from Myanmar and Cambodia gradually increasi.
China is Vietnam's main exporter of cashew nu.
From January to May this year, China imported 11,000 tons of shelled cashew nuts from Vietnam, an increase of 33% over the same period last ye.
Nonetheless, Vietnamese cashews' share in the Chinese market fell by about 10 percent, with cashews from Myanmar and Cambodia gradually increasi.
Half of Vietnam's raw cashews imported from Cambodia are processed and exported to other countri.
On January 1 this year, the Cambodia-China Free Trade Agreement (CCFTA) came into effect, and the tariff on Cambodian cashew exports to China was reduced from 12% toIn the first quarter of this year, Cambodia's cashew exports to China grew rapidly, with more than 50% of the processed cashews exported directly to Chi.
On January 1 this year, the Cambodia-China Free Trade Agreement (CCFTA) came into effect, and the tariff on Cambodian cashew exports to China was reduced from 12% toIn the first quarter of this year, Cambodia's cashew exports to China grew rapidly, with more than 50% of the processed cashews exported directly to Chi.
