Vietnam's cashew nut imports from Tanzania increase sharply

Vietnam imported over 97 thousand tons of cashews in January, an increase of 6.4% in volume but a significant 65.7% increase in value compared to the same period last year, with the total value reaching over 172 million USD. The average price per ton was 1,765 USD, a 56% increase from January 2024. Tanzania was the largest supplier, followed by Indonesia and Ivory Coast. However, cashew nut exports in the first two months of 2025 saw a decrease of 31.8% in volume and 13.7% in value compared to the same period in 2024, with the United States, the Netherlands, and China being the three largest consuming markets in Vietnam. Experts attribute the fluctuation in cashew prices to supply chain disruptions and a decrease in imported raw cashew output, leading to a smaller crop area.

Source: kinhte.congthuong.vn According to preliminary statistics from the General Department of Customs, cashew imports to Vietnam in January reached more than 97 thousand tons with a value of more than 172 million USD, up 6.4% in volume but up 65.7% in value compared to the same period last year. The average price reached 1,765 USD/ton, up 56% compared to January 2024. In terms of market, in the first month of the year, Tanzania was the largest supplier of cashew nuts to Vietnam with more than 48 thousand tons, worth more than 88 million USD, up 113% in volume but up 200% in value compared to the same period. The average price was 1,826 USD/ton, up 40% compared to the same period last year. Ranked second among suppliers is the Indonesian market with 6,856 tons, worth more than 11 million USD, up 4% in volume and 52% in value over the same period. The average price was 1,678 USD/ton, up 45%. Cashew nut imports to Vietnam in January reached more than 97 thousand tons with a ...