CashewInfo
News

Home   >   NEWS & VIEWS   >   News

  • Cashew exports to Hong Kong reached the highest price

    Dec 13th, 2017

    According to preliminary statistics of the General Department of Customs, in the first 11 months of 2017, exports of cashew nuts of the country increased 1.1% in volume and 23.7% in turnover over the same period. last year, reached 323,834 tons, equivalent to 3.21 billion USD; In particular, in November exports decreased 3.3% in volume and decreased 2.6% in turnover compared with October 2017, reaching 32,479 tons of cashew, worth $ 325.63 million.

    The United States was the most consumed market of cashew nuts in Vietnam, reaching 111,470 tons, equivalent to $ 1.12 billion, accounting for 35% of the total and total export turnover of the country, 2.8% % in volume and 27% in turnover over the same period of 2016.Cashew nut export to the Netherlands market accounted for nearly 16% of total volume and total turnover - the second largest market, reaching 49,067 tons valued at USD499.94 million (up 15.8% in volume and up 44.7% of turnover).

    Exports to China totaled 42,550 tons valued at $ 414.64 million, or 13% of total volume and value, down 11% in volume but up 7% in value.Vietnamese cashew nut exports to the EU market reached 87,445 tons, equivalent to US $ 874.31 million, accounting for 27% of the total and total export turnover of the country, up 9.3% in volume up 35.8% in turnover over the same period. Exports to South East Asian countries reached 9,778 tons, equivalent to US $ 96.59 million, accounting for 3% of the total and total export turnover of the country, up 7.4% in volume and 33% % of turnover over the same period last year.

    Cashew exports of Vietnam to most markets in the first 11 months of this year increased turnover compared to the same period last year; Exports in Belgium increased 134% in volume and 195% in turnover (2,458 tons or US $ 26.36 million). Exports to India increased by 34.3% in volume and 56% in turnover (reaching 4,859 tons, or US $ 40.23 million); Exports to Russia increased 28.7% in volume and 56% in turnover (reaching 4,944 tons, equivalent to 48.89 million USD).

    Cashew exports in November increased slightly by 0.7% against the previous month's export prices and also by 11.5% over the same month in 2016, reaching $ 10,026 per ton; Overall, the average export price of cashew nuts in the first 11 months increased 22.3% over the same period in 2016, reaching $ 9,926 per ton; In particular, exports to Hong Kong reached the highest price of 11,553 USD / ton (up 21.6% over the same period last year). In contrast, exports to Italy are the lowest, only average $ 7,481 per ton (up 18.9%).

    Cashew exports in the first 11 months of 2017

    Market

    11T / 2017

    (%) compares 11T / 2017 with the same period

    Ton

    USD

    Quantity

    Value

    Total export turnover

    323.834

    3,214,474,781

    1,12

    23,69

    America

    111.47

    1,124,024,952

    2,81

    26,96

    Netherlands

    49,067

    499.944.229

    15.77

    44,69

    China

    42.55

    414.637.817

    -11.2

    7.02

    Brother

    14.826

    141,486,378

    3.95

    24,76

    Australia

    12,284

    121,759,276

    -10.48

    9,15

    Virtue

    9,745

    100,838,166

    -13.97

    7,51

    Canada

    9.078

    93.702.591

    -7.48

    12.59

    Thailand

    7,913

    79,852,542

    13,11

    41.42

    Russia

    4,944

    48,888,311

    28,68

    56.35

    Israel

    3,869

    42,247,380

    -11.34

    13.5

    India

    4,859

    40.228.252

    34,26

    56,34

    Italia

    5.069

    37,924,393

    2,91

    15.41

    France

    3,251

    35,846,231

    13.28

    47.03


    Source: http://translate.googleusercontent.com