Vietnam exported cashew nuts to the tune of US$347 million in January, down from US$466 million in December, a change of -25.47 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$347 million worth of cashew nuts by the end of January.
The USA accounted for US$82 million worth of Vietnam’s cashew nut exports in January. This was down from US$86 million in cashew nut exports in December, a change of -4.42 percent. Year to date, Vietnam has shipped US$82 million worth of cashew nuts to the USA.
After the USA, China was making up US$46 million worth of Vietnam’s cashew nut exports in January. This was down from US$89 million in cashew nut exports in December, a change of -48.21 percent. Year to date, Vietnam has shipped US$46 million worth of cashew nuts to China.
Next was the Netherlands, taking US$30 million worth of Vietnam’s cashew nut exports in January. This was down from US$44 million in cashew nut exports in December, a change of -32.88 percent. Year to date, Vietnam has shipped US$30 million worth of cashew nuts to the Netherlands.
Following the Netherlands was Germany, representing US$17 million worth of Vietnam’s cashew nut exports in January. This was down from US$21 million in cashew nut exports in December, a change of -18.11 percent. Year to date, Vietnam has shipped US$17 million worth of cashew nut to Germany.
Rounding out the top five was the UAE, constituting US$13 million worth of Vietnam’s cashew nut exports in January. This was down from US$23 million in cashew nut exports in December, a change of -42.90 percent. Year to date, Vietnam has shipped US$13 million worth of cashew nuts to the UAE.
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Vietnam cashew nut imports
Vietnam imported cashew nuts to the tune of US$212 million in January, down from US$242 million in December, a change of -12.33 percent.
Year to date, Vietnam had imported US$212 million worth of cashew nuts by the end of January.
Tanzania accounted for US$75 million worth of Vietnam’s cashew nut imports in January. This was up from US$40 million in cashew nut imports in December, a change of 89.16 percent. Year to date, Tanzania has shipped US$75 million worth of cashew nuts to Vietnam.
After Tanzania was Ivory Coast making up US$62 million worth of Vietnam’s cashew nut imports in January. This was down from US$104 million in cashew nut imports in December, a change of 40.59 percent. Year to date, Ivory Coast has shipped US$62 million worth of cashew nuts to Vietnam.
Next was Indonesia, contributing US$7 million worth of Vietnam’s cashew nut imports in January. This was down from US$15 million in cashew nut imports in December, a change of 51.34 percent. Year to date, Indonesia has shipped US$7 million worth of cashew nuts to Vietnam.
Following Indonesia was Ghana, representing US$5 million worth of Vietnam’s cashew nut imports in January. This was down from US$8 million in cashew nut imports in December, a change of 36.93 percent. Year to date, Ghana has shipped US$5 million worth of cashew nuts to Vietnam.
Rounding out the top five was Nigeria, constituting US$5 million worth of Vietnam’s cashew nut imports in January. This was down from US$13 million in cashew nut imports in December, a change of 60.05 percent. Year to date, Nigeria has shipped US$5 million worth of cashew nuts to Vietnam.
Learn more about accessing Vietnam’s consumer market→
Listed cashew nut companies
Key cashew nut firms listed on the Vietnam stock exchange include:
Long An Food Processing Export JSC
Long An Food Processing Export JSC (LAF) processes and exports cashew nuts, coffee, and agricultural products.
LAF closed at VND 20,000 on Friday, down 0 percent with 72,000 shares traded, worth VND 144 million.
Foreign ownership in LAF is currently capped at 50.0 percent, with current foreign ownership sitting at 2.5 percent.
Explore opening a trading account in Vietnam→
Vietnam’s cashew nut industry
Vietnam is the world’s largest exporter of cashew nuts, supplying major markets including the United States, the European Union and China.
The industry processes millions of tonnes of raw cashew nuts each year, with much of the input imported from African producers due to limited domestic supply.
Processing is concentrated in southern provinces such as Binh Phuoc and Dong Nai, where a dense network of factories supports shelling, grading and packaging for export.
While the sector generates billions of dollars in annual export revenue, margins are often thin, and firms remain exposed to fluctuations in global demand and raw material prices.
Find out about starting a business in Vietnam→
The data
Vietnam’s exports of cashew nuts in January, US$m
| January | December | MoM | YTD | |
| Total | 347.03 | 465.60 | -25.47% | 347.03 |
| Other | 52.89 | 74.73 | -29.23% | 52.89 |
| USA | 82.35 | 86.16 | -4.42% | 82.35 |
| China | 46.25 | 89.31 | -48.21% | 46.25 |
| Netherlands | 29.83 | 44.44 | -32.88% | 29.83 |
| Germany | 17.16 | 20.95 | -18.11% | 17.16 |
| UAE | 12.93 | 22.64 | -42.90% | 12.93 |
| Canada | 10.15 | 11.02 | -7.94% | 10.15 |
| Saudi Arabia | 9.87 | 12.26 | -19.47% | 9.87 |
| UK | 9.48 | 11.39 | -16.80% | 9.48 |
| Thailand | 9.02 | 10.67 | -15.52% | 9.02 |
| Japan | 7.52 | 6.91 | 8.77% | 7.52 |
| Australia | 6.83 | 9.17 | -25.59% | 6.83 |
| Spain | 6.72 | 3.80 | 76.77% | 6.72 |
| Lithuania | 6.05 | 6.60 | -8.35% | 6.05 |
| France | 5.88 | 7.47 | -21.36% | 5.88 |
| Russia | 4.65 | 6.98 | -33.45% | 4.65 |
| Israel | 4.09 | 8.48 | -51.78% | 4.09 |
| Italy | 3.38 | 3.53 | -4.17% | 3.38 |
| Iraq | 2.98 | 5.61 | -46.84% | 2.98 |
| Taiwan | 2.79 | 2.88 | -3.25% | 2.79 |
| New Zealand | 2.58 | 1.52 | 69.84% | 2.58 |
| Greece | 2.22 | 3.04 | -26.90% | 2.22 |
| Philippines | 1.96 | 1.51 | 30.29% | 1.96 |
| Pakistan | 1.67 | 3.16 | -47.05% | 1.67 |
| Hong Kong | 1.54 | 1.83 | -15.68% | 1.54 |
| Egypt | 1.31 | 1.97 | -33.55% | 1.31 |
| Norway | 1.28 | 0.39 | 232.03% | 1.28 |
| Belgium | 0.93 | 1.96 | -52.64% | 0.93 |
| Kuwait | 0.69 | 0.47 | 45.32% | 0.69 |
| Kazakhstan | 0.58 | 0.35 | 67.03% | 0.58 |
| Singapore | 0.57 | 0.47 | 22.63% | 0.57 |
| South Africa | 0.45 | 0.85 | -47.61% | 0.45 |
| India | 0.29 | 2.73 | -89.50% | 0.29 |
| Ukraine | 0.16 | 0.35 | -55.39% | 0.16 |
Vietnam’s imports of cashew nuts in January, US$m
| January | December | MoM | YTD | |
| Total | 211.92 | 241.73 | -12.33% | 211.92 |
| Other | 56.29 | 60.96 | -7.66% | 56.29 |
| Tanzania | 74.87 | 39.58 | 89.16% | 74.87 |
| Ivory Coast | 61.75 | 103.92 | -40.59% | 61.75 |
| Indonesia | 7.27 | 14.94 | -51.34% | 7.27 |
| Ghana | 5.26 | 8.35 | -36.93% | 5.26 |
| Nigeria | 5.20 | 13.02 | -60.05% | 5.20 |
| Cambodia | 1.28 | 0.98 | 31.46% | 1.28 |