Vietnam tops world's cashew nut exports

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Specifically, the country processed 1.65 million tons of cashew nuts and exported 391,000 tons of cashew kernels, valued at USD3.52 billion, up 7.8% in volume compared to 2017.

In 2019, the cashew sector focuses on maintaining the target of decreasing volume and increasing value by exporting 350,000 tons of cashew kernels.

Because the industry has not been active in material sources while import volume is too much and quality is not good, the Vietnam Cashew Association (Vinacas) proposed that banks provide credit to processors and the Ministry of Industry and Trade assist solutions to develop and expand markets.

As planned, Vinacas will survey Western Asian markets in June 2019./.