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Vietnam’s cashew nut exports experience slight drop in November

Vietnam’s cashew nut exports in November reached US$396.58 million, reflecting a 6.6 percent decline month-on-month, according to Vietnam’s General Department of Customs. Despite this dip, the year-to-date export value stood at US$3.98 billion, highlighting sustained demand in key markets.

China topped the list of importers with US$95.43 million in November, a significant 27.32 percent increase compared to the previous month. The United States followed closely with US$93.14 million, although this represented an 8.96 percent decrease. The Netherlands imported US$34.15 million, marking an 18.29 percent decline, while the UAE experienced a sharp drop of 53.14 percent, importing US$14.53 million.

The data indicates mixed performance across Vietnam’s primary export destinations, with demand surging in China but waning in other key regions like the UAE and the United States. However, Vietnam remains a dominant player in the global cashew nut trade.

See also: Cashew Nut Industry

Vietnam cashew nut exports, November 2024, US$

NovemberOctoberMoMYTD
Total396,575,127424,443,519-6.6%3,978,968,372
Other70,715,98872,060,773-1.87%694,614,077
China95,432,69074,957,92927.32%687,842,357
USA93,137,559102,304,493-8.96%1,067,364,883
Netherlands34,152,09641,794,775-18.29%374,277,992
UAE14,530,62331,008,602-53.14%147,394,476
Japan7,617,1425,352,31442.31%57,882,506
Canada6,983,30712,539,755-44.31%97,670,410
Saudi Arabia6,966,5737,648,610-8.92%72,908,943
Spain6,954,8937,051,903-1.38%71,066,677
Australia6,510,3879,502,401-31.49%91,644,714
UK5,379,1888,717,500-38.29%92,699,048
Iraq5,345,5116,225,652-14.14%61,575,302
Russia5,280,7685,851,561-9.75%56,105,142
Italy4,581,6223,127,57346.49%34,588,171
Thailand4,187,5764,788,054-12.54%50,582,435
Israel4,007,7493,876,0423.40%57,698,738
Lithuania3,892,4295,093,041-23.57%51,844,267
Taiwan2,757,3582,446,85212.69%36,395,522
HongKong2,728,2502,218,40522.98%17,157,023
Greece2,180,6973,240,854-32.71%27,220,399
Pakistan2,150,6171,215,54876.93%6,497,861
New Zealand1,971,5801,629,78720.97%19,092,440
India1,944,1573,347,227-41.92%27,258,513
Belgium1,623,3982,120,290-23.44%19,184,144
Singapore1,050,081783,09334.09%7,222,726
Egypt1,027,4501,353,777-24.10%11,562,109
Philippines1,026,7551,720,168-40.31%14,845,984
South Africa867,191719,20720.58%6,611,905
Kuwait612,346515,97218.68%4,394,314
Norway457,054563,495-18.89%7,317,053
Kazakhstan368,475358,3032.84%4,990,989
Ukraine133,617309,563-56.84%1,054,916
Belarus000.00%402,336

See also: How to Start an Export Business in Vietnam

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