Vietnam’s cashew nut exports demonstrated strong performance in October, with export volumes reaching 65,225 tonnes and a value of US$424.44 million. This marks a 14.3 percent increase in volume and a 14 percent rise in value compared to September, when 57,059 tonnes were exported, generating US$372.16 million, according to data from Vietnam’s General Department of Customs.
Year-to-date figures reveal even more impressive growth. From January to October, Vietnam exported 609,229 tonnes of cashew nuts valued at US$3.58 billion, reflecting increases of 17.9 percent in volume and 21.4 percent in value compared to the same period in 2023.
The continued expansion highlights Vietnam’s growing dominance in the global cashew market, driven by consistent demand and competitive pricing. October’s robust performance further underscores the sector’s pivotal role in the country’s agricultural exports.
See also: Agriculture Industry in Vietnam
Vietnam’s cashew exports, October vs. September 2024
| October | September | Change | YTD | |
| Total | 424,443,519 | 372,157,935 | 14.05% | 3,578,071,946 |
| United States of America | 102,304,493 | 108,003,641 | -5.28% | 973,904,129 |
| China | 74,957,929 | 53,983,605 | 38.85% | 592,842,313 |
| Netherlands | 41,794,775 | 34,212,750 | 22.16% | 337,132,505 |
| United Arab Emirates | 31,008,602 | 19,853,644 | 56.19% | 133,683,034 |
| Germany | 16,378,447 | 11,676,688 | 40.27% | 123,021,641 |
| Canada | 12,539,755 | 14,347,285 | -12.60% | 90,687,098 |
| United Kingdom | 8,717,500 | 8,560,566 | 1.83% | 87,323,220 |
| Australia | 9,502,401 | 9,271,752 | 2.49% | 85,134,327 |
| Saudi Arabia | 7,648,610 | 5,858,857 | 30.55% | 65,942,369 |
| Spain | 7,051,903 | 4,767,316 | 47.92% | 64,111,784 |
| Other | 50,150,240 | 39,506,727 | 26.94% | 447,273,550 |