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  • Months in decline in exports of cashew nuts

    Feb 25th, 2017

    The first month of cashew exports slump

    According to preliminary statistics of the General Administration of Customs, in the first months of 2017, the country had exported 18 070 tons of people of all kinds, grossed 164.5 million (down 27.2% in volume and 11.9% decrease in turnover compared to May 1/2016) and compared to the last month of 2016, the exports of cashew nuts also decreased 32% in both volume and turnover.United States, China and the Netherlands remain the Top 3 biggest markets cashews kinds of Vietnam; while exports to the US reached 6,071 tons worth USD 57.4 million (accounting for 33.6% of total exports of cashew nuts of the country and accounted for 35% of total turnover), down 14% in volume but up 6.8% of turnover compared to June 1/2016).

    Cashew exports to China months reached 3,416 tons, earning about 31.1 million dollars (19% of total exports and the country's cashew nuts), down 41.6% in volume and 27 , 6% of turnover compared to June 1/2016).Export to the Netherlands 2,081 tons, earning about 19.4 million dollars (12% of total exports and the country's cashew nuts), down 26.8% in volume and 11% in value compared to January 1/2016).

    In the first months of 2017, exports of cashew nuts to the majority of the market turnover declined compared to the first months of last year; however there are a few market grew stronger; notably including exports to the Greek market but not very high export volume, but compared with the same period last year, it increased to 150% and 246% increase in turnover (40 tons worth $ 396,500).

    Besides being a market hit a high as well: exports to Australia increased by 45% in volume and 75% in value; to the UK increased by 35% in volume and 58% in value; New Zealand increased by 31% in volume and 57% in value.In contrast, exports of cashew nuts on a 50% decline in the market such as Canada (-51%), Hong Kong (64%), Israel 81%), Taiwan (-77%), Pakistan (-83 %).

    Preliminary statistics on the export of cashew GDC T1 / 2017

     

    Unit: USD 

    Market

    T1 / 2017

    T1 / 2016

    +/- (%) T1 / 2017 compared with T1 / 2016

    (Tons)

    Value (USD)

    (Tons)

    Value (USD)

    Measure

    Value

    total

    18 070

    164 458 109

    24 835

    186 667 417

    -27.24

    -11.9

    USA

    6071

    57,435,140

    7082

    53,775,319

    -14.28

    6.81

    China

    3,416

    31,142,624

    5851

    42,986,627

    -41.62

    -27.55

    Netherlands

    2081

    19,439,219

    2843

    21,887,248

    -26.8

    -11.18

    Australia

    908

    8294178

    626

    4738154

    45.05

    75.05

    Brother

    852

    7274856

    629

    4609697

    35.45

    57.82

    Canada

    458

    4478345

    940

    7414622

    -51.28

    -39.6

    Virtue

    470

    4317563

    871

    6807893

    -46.04

    -36.58

    Thailand

    396

    3531736

    605

    4699683

    -34.55

    -24.85

    United Arab Emirates

    346

    2981602

    428

    2947026

    -19.16

    1.17

    India

    444

    2675056

    491

    3243650

    -9.57

    -17.53

    Italia

    272

    2053891

    271

    1496987

    0.37

    37.2

    New Zealand

    230

    2026172

    175

    1293938

    31.43

    56.59

    Fall

    207

    1905514

    427

    3199864

    -51.52

    -40.45

    Japan

    190

    1663128

    212

    1640124

    -10.38

    1.4

    France

    132

    1461243

    173

    1414715

    -23.7

    3.29

    Belgium

    96

    912 874

    79

    612 255

    21.52

    49.1

    Hong Kong &

     

     

     

     

     

     


    Source: Vinacas.com