Vietnam imported cashew nut to the tune of US$242 million in December, down from US$264 million in November, a change of -8.43 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$4,492 million worth of cashew nut by the end of December.
Ivory Coast accounted for US$104 million worth of Vietnam’s cashew nut imports in December. This was up from US$100 million in cashew nut imports in November, a change of 4.36 percent. Year to date, Ivory Coast has shipped US$1,135 million worth of cashew nut to Vietnam.
After Ivory Coast was Tanzania making up US$40 million worth of Vietnam’s cashew nut imports in December. This was up from US$10 million in cashew nut imports in November, a change of 278.49 percent. Year to date, Tanzania has shipped US$299 million worth of cashew nut to Vietnam.
Next was Indonesia contributing US$15 million worth of Vietnam’s cashew nut imports in December. This was up from US$12 million in cashew nut imports in November, a change of 27.78 percent. Year to date, Indonesia has shipped US$69 million worth of cashew nut to Vietnam.
Following Indonesia was Nigeria representing US$13 million worth of Vietnam’s cashew nut imports in December. This was down from US$18 million in cashew nut imports in November, a change of 28.61 percent. Year to date, Nigeria has shipped US$416 million worth of cashew nut to Vietnam.
Rounding out the top five was Ghana constituting US$8 million worth of Vietnam’s cashew nut imports in December. This was down from US$17 million in cashew nut imports in November, a change of 49.80 percent. Year to date, Ghana has shipped US$346 million worth of cashew nut to Vietnam.
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Vietnam imports of cashew nut in December, US$m
| December | November | MoM | YTD | |
| Total | 241.73 | 263.99 | -8.43% | 4,491.82 |
| Other | 60.96 | 102.12 | -40.31% | 748.37 |
| Ivory Coast | 103.92 | 99.59 | 4.36% | 1,135.32 |
| Tanzania | 39.58 | 10.46 | 278.49% | 298.64 |
| Indonesia | 14.94 | 11.69 | 27.78% | 68.66 |
| Nigeria | 13.02 | 18.23 | -28.61% | 416.32 |
| Ghana | 8.35 | 16.62 | -49.80% | 345.77 |
| Cambodia | 0.98 | 5.29 | -81.51% | 1,478.73 |
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 18,350 on Friday up 0.15 percent with 48,000 shares traded, worth VND 88 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 processor and exporter of cashew nuts, importing significant volumes of raw cashews and adding value through processing for export.
The industry is heavily export-oriented, supplying markets such as the United States, China, and the European Union, while facing margin pressure from raw nut prices, labour costs, and stricter food safety standards.