Vietnam Cashew Report May 2021: In May 2021, Vietnam Raw Cashew Imported Volume reached 220.000 tons, worth 330 million USD.
According to the report, the Volume of raw cashew nuts (RCN) imported after 5 months of 2021 totaled 1.4 million tons, worth $2.2 billion. Vietnam cashew companies said they had faced a shortage of raw cashew nut in 2021 years and to ensure cashew kernels for export, they had to increase RCN imports volume even though import prices were rising. In recent years, the Vietnam cashew industry uses more than 70% of imported raw cashew nut, only 30% of raw cashew nut from Local farms.
Cambodia is the largest supplier of raw cashews nut to Vietnam, making up 60 – 75 % of the total. Imports RCN from African countries such as Tanzania, the Ivory Coast, Ghana, and Nigeria have also risen sharply over recent months.
source: Kimmy Farm
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