Cashew exports bring in roughly US$782 million in Q1

March alone saw the country ship 55,000 tonnes of cashew nuts worth US$289 million abroad, up 106.8% in volume and 103.4% in value compared to February.

The average cashew export price in the first quarter dropped by 8.6% to US$5,329 per tonne against the same period in 2023.

In the reviewed period Vietnam increased the export of various types of cashew nuts compared to the same period last year, except for the cashew type of WS/WB, SP and DW.

Statistics from the General Department of Vietnam Customs indicate that the country mainly exported cashew nuts W320 and W240 in the first two months, accounting for 56.71% of the total export volume, making a positive impact on the local cashew market.

Source: VOV