Vietnamese cashew industry sees trade deficit for the first time


Source: vnexplorer.net vnexplorer.net

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Vietnamese cashew industry sees trade deficit for the first time 15/05/2021 The Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development informed that in the first four months of this year, cashew nut exports reached 152,000 tons, worth US$894 million, up 8.6 percent in volume but down 7.4 percent in value compared to the same period last year.The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively.Cashew nut exports to...