Vietnam exported cashew nut to the tune of US$466 million in December, down from US$475 million in November, a change of -1.88 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$5,229 million worth of cashew nut by the end of December.
China accounted for US$89 million worth of Vietnam’s cashew nut exports in December. This was down from US$114 million in cashew nut exports in November, a change of -21.83 percent. Year to date, Vietnam has shipped US$1,115 million worth of cashew nut to China.
After China was the USA making up US$86 million worth of Vietnam’s cashew nut exports in December. This was up from US$79 million in cashew nut exports in November, a change of 8.80 percent. Year to date, Vietnam has shipped US$975 million worth of cashew nut to the USA.
Next was the Netherlands taking US$44 million worth of Vietnam’s cashew nut exports in December. This was up from US$40 million in cashew nut exports in November, a change of 11.72 percent. Year to date, Vietnam has shipped US$495 million worth of cashew nut to the Netherlands.
Following Netherlands was the UAE representing US$23 million worth of Vietnam’s cashew nut exports in December. This was up from US$18 million in cashew nut exports in November, a change of 25.64 percent. Year to date, Vietnam has shipped US$196 million worth of cashew nut to the UAE.
Rounding out the top five was Germany constituting US$21 million worth of Vietnam’s cashew nut exports in December. This was up from US$19 million in cashew nut exports in November, a change of 7.95 percent. Year to date, Vietnam has shipped US$216 million worth of cashew nut to Germany.
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Vietnam exports of cashew nut in December, US$m
| December | November | MoM | YTD | |
| Total | 465.60 | 474.53 | -1.88% | 5,229.39 |
| Other | 147.59 | 150.95 | -2.22% | 1,658.72 |
| China | 89.31 | 114.26 | -21.83% | 1,115.25 |
| USA | 86.16 | 79.19 | 8.80% | 975.43 |
| Netherlands | 44.44 | 39.78 | 11.72% | 495.16 |
| UAE | 22.64 | 18.02 | 25.64% | 196.39 |
| Germany | 20.95 | 19.41 | 7.95% | 215.62 |
| Saudi Arabia | 12.26 | 14.80 | -17.17% | 126.64 |
| UK | 11.39 | 11.97 | -4.89% | 142.26 |
| Canada | 11.02 | 10.64 | 3.55% | 117.89 |
| Thailand | 10.67 | 7.20 | 48.21% | 78.05 |
| Australia | 9.17 | 8.31 | 10.33% | 107.99 |
| Israel | 8.48 | 8.30 | 2.09% | 61.01 |
| France | 7.47 | 7.13 | 4.85% | 74.66 |
| Russia | 6.98 | 8.90 | -21.52% | 76.01 |
| Japan | 6.91 | 6.78 | 1.90% | 85.60 |
| Lithuania | 6.60 | 6.07 | 8.78% | 87.15 |
| Iraq | 5.61 | 9.43 | -40.51% | 83.77 |
| Spain | 3.80 | 4.59 | -17.16% | 67.55 |
| Italy | 3.53 | 3.67 | -3.71% | 45.67 |
| Pakistan | 3.16 | 3.89 | -18.69% | 31.56 |
| Greece | 3.04 | 2.04 | 49.21% | 31.62 |
| Taiwan | 2.88 | 2.54 | 13.56% | 31.96 |
| India | 2.73 | 1.54 | 76.73% | 19.89 |
| Egypt | 1.97 | 2.37 | -16.84% | 17.83 |
| Belgium | 1.96 | 2.15 | -8.88% | 30.68 |
| Hong Kong | 1.83 | 2.13 | -14.14% | 15.82 |
| New Zealand | 1.52 | 2.60 | -41.62% | 22.75 |
| Philippines | 1.51 | 1.99 | -24.22% | 19.96 |
| South Africa | 0.85 | 0.39 | 118.56% | 6.06 |
| Kuwait | 0.47 | 0.55 | -13.57% | 5.20 |
| Singapore | 0.47 | 0.98 | -52.29% | 11.34 |
| Norway | 0.39 | 1.12 | -65.43% | 10.94 |
| Ukraine | 0.35 | 0.91 | -61.00% | 3.61 |
| Kazakhstan | 0.35 | 0.48 | -26.72% | 6.94 |
| Belarus | 0.00 | 0.00 | 0.00% | 0.15 |
Listed cashew nut companies
Key cashew nut firms listed on the Vietnam stock exchange include:
Long An Food Processing Export JSC
Long An Food Processing Export JSC (LAF) processes and exports cashew nuts, coffee, and agricultural products.
LAF closed at VND 18,150 on Tuesday down 0.4 percent with 44,000 shares traded, worth VND 81 million.
Foreign ownership in LAF is currently capped at 50.0 percent, with current foreign ownership sitting at 2.5 percent.
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Vietnam’s cashew nut industry
Vietnam is the world’s largest exporter of cashew nuts, with the industry playing a significant role in agricultural exports and rural employment across several provinces.
The sector relies heavily on imported raw cashews, while domestic firms focus on processing, value addition and re-export to major markets such as the United States, the European Union and China.
Cashew processing in Vietnam has shifted toward higher value products, including roasted, flavoured and packaged nuts, as companies seek to improve margins and branding.
However, the industry remains exposed to price volatility, input supply risks and rising competition, prompting a gradual move toward mechanisation and supply chain diversification.