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  • US export market to become the largest individual of Vietnam

    May 26th, 2016

    Day 23-5, in the city. Ho Chi Minh, Vietnam Cashew Association (Vinacas) organized a workshop on the development of it in 2016 with the theme "Speak to clean it, think about Vietnam." At the conference, Mr. Nguyen Duc Thanh, chairman of Vinacas said: Previously, China is an important market, there is a high turnover in the first 5 months this year, China surpassed the United States, rose is Top markets products which our country. Vietnam also took the Ivory Coast and India in cashew export volume to the US market. The US market is the largest cashew exporter in Vietnam with a market share of over 30% of the total output of Vietnam's exports.

    In the first 4 months of 2016, production and cashew exports to this market increased over the same period in 2015, namely the export business to the US market more than 28,500 tonnes of cashew, turnover more than 220 million, up 8.8% in volume and 18.6% in value compared to the same period in 2015. the average export price in the US market also rose continuously, approximately 8.83% over the same period 2015.

    According to Thanh, the last time, US consumers find a better day Vietnam is providing a variety of products and technology that leads the world processing, ensuring food safety than other country. Therefore, they were redirected to use the product more articles of Vietnam to other countries such as India, Ivory Coast ...

    P. Thao

    Source: Binh Phuoc