Wednesday, 09/11/2016 15:03 (GMT+7)
(CPV) – Cashew export from the start of the year maintained growth in both volume and value, reported the Ministry of Agricultural and Rural Development.
Photo for illustration. (Source: Vinacas.com.vn)
Accordingly, cashew export volume in October reached an estimated 33,000 tons, valued at USD285 million; bringing the figures for the ten months of the year to 291,000 tons and USD2.33 billion, up 5.8% in volume and 16.6% in value over a year earlier.
Average export cashew nut price in the first nine months of the year posted USD7,928 per ton, a year-on-year rise of 9.1%. The US, Netherlands and China were still the three biggest importers of Vietnamese cashew, with market shares of 33.9%, 13.8% and 13.3%, respectively.
Other markets with sharp rise in cashew export value were Israel (50%), Germany (37.2%), England (24%), the Netherlands (23.6%), China (21.2%) and Italy (14.3%).
Meanwhile, import cashew volume in October was estimated at 117,000 tons, worth USD192 million, bringing the figures for the ten months to 913,000 tons, valued at USD1.4 billion, up 17.1% in volume and 39.1% in value over a year earlier./.
BTA