Is Vietnam the largest exporter of cashew nuts?
Vietnam has maintained its position as the world’s largest producer and exporter of cashew nuts in 2020, exporting an estimated 450,000 tonnes of cashew kernels worth 3.2 billion USD, according to the Vietnam Cashew Association (Vinacas).
What nuts does Vietnam export?
Vietnam is currently referred to as the “undisputed King of Cashew nuts for exports,” outdoing many Southeast Asian countries, and emerging as the leading producer and exporter of cashew nuts for the last 17 years.
Does Vietnam produce cashew?
In 2020, approximately 339.7 thousand metric tons of cashew nuts were produced in Vietnam, indicating an increase in production volume from the previous year. Since 2016, this was the highest volume of production recorded in the given timeline.
Which country is the largest exporter of cashew nuts?
In 2020, Senegal was the leading exporter of in shell cashews worldwide, with exports amounting to a value of over 38.59 million U.S. dollars.
Leading cashew nuts (in shell) exporters worldwide in 2020 (in million U.S. dollars)*
|Characteristic||Export value in million U.S. dollars|
What is the price of cashew nuts in Vietnam?
Relatively favorable weather conditions allowed for a decent cashew harvest in the 2020–2021 crop year, but the procurement price of fresh cashew nuts was quite low, ranging from 24,000 to 26,000 Vietnamese dong per kilogram (about $1,050–1,140 per ton), indicating a decrease in cashew productivity this year.
What nuts are grown in Vietnam?
Vietnam’s Most Common Seeds & Nuts For New Year
- Hạt dưa (Watermelon seeds)
- Hạt bí (Pumpkin seeds)
- Hạt hướng dương (Sunflower seeds)
- Hạt điều (Cashew nuts)
- Hạt dẻ cười (Pistachio)
Which country grows cashew nuts?
Of the ten ECOWAS countries, Nigeria is the biggest producers of cashew nuts. The world’s biggest producer of cashew nuts, however, is Viet Nam. In 2010 Viet Nam produced 958,000 tons of cashew nuts, while its nearest ‘rival’, India, produced 695,000 tons. Nigeria came third with a production of 580,761 tons.
Why are cashews so expensive?
Here’s why they’re so expensive. Cashews can cost $15 per pound at retail in the US. Each nut must be carefully extracted from its toxic shell and processed over several days. Without processing, cashews can be dangerous to touch and eat.