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  • Exports of growth

    Oct 13th, 2016

    According to the Ministry of Agriculture and Rural Development, cashew export volume in September 2016 was estimated at 28 thousand tons worth 239 million dollars, bringing the cashew export volume reached 255 thousand tons in 9 months and 2.01 billion USD, an increase of 4.5% in volume and 13.6% in value compared to the same period in 2015.

    Prices average export cashews May 8, 2016 reached $ 7,827 / ton, up 7.6% compared to the same period in 2015. The United States, the Netherlands and China remained the third largest import market it most Vietnam market share 33.6%, respectively, 13.7% and 13% of the total value of exports of cashew nuts. In eight months, the market value increased exports of cashew nuts is Israel (45%), Germany (19.1%), the Netherlands (24.4%), the UK (22%), China (21 , 7%) and Italy (15.3%).

    Meanwhile, the volume of imports during the month cashews 9/2016 estimated at 103 thousand tons with a value of $ 158 million, bringing the total volume of imports which reached 808 thousand tons in 9 months worth of 1.2 billion dollars , an increase of 8% in volume and 27.6% in value compared to the same period in 2015.Purchase price in Dong Nai dry nuts at this point is 49000-50000 / kg, an increase of nearly 10,000 VND / kg compared to the end of March 8/2016. In Binh Phuoc, dried cashew purchasing price reached VND49,500 / kg, up 2,500 VND / kg compared to 9/2016 earlier this month and rose 3,500 VND / kg compared to the end of March 8/2016.

    This is the highest level for many years due to tight domestic supplies while export demand increased. Overall, in the past 9 months, the purchase price of cashew nuts, dried rose very sharply and now reaching a climax. If the beginning of the year, dried cashew traders purchase price is 39000-40000 / kg, now the price has risen 9500-10000 / kg to the peak is 49,500 VND / kg. This is the highest level for many years due to tight domestic supply, imports of crude prices higher, while export demand increased.


    Source: dangcongsan.vn