Thursday, 18/11/2021 16:02 (GMT+7)
Cashew nuts imported from Vietnam into China increased sharply in turnover in the first 9 months of 2021, helping Vietnam gain share in the market of billions of people.
Photo for illustration. (Source: congthuong.vn)
According to the Administration of China Customs, the country's cashew nut import turnover in September 2021 reached 22.24 million USD, up 17.7% from the previous month.
In the nine months, China’s cashew imports were valued at 125.84 million USD, up 23% over the same period last year.
China imported cashew nuts from Vietnam with a turnover of 110.88 million USD, up 28.7%. Vietnam’s cashew nut market share in China’s total import turnover increased from 84.17% in the first 9 months of 2020 to 88.12% during the same period of 2021.
Vietnamese cashew nuts in China enjoy increase in both turnover and market share compared to other suppliers: Togo, 4.6 million USD, accounting for 3.63%; Benin, 3.3 million, USD, 2.61%; Ivory Coast, 2.8 million USD, 2.23%; and Cambodia, 1.6 million USD, 1.23%./.
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