December 25, 2024 | 06:35 GMT +7

  • Click to copy
Saturday- 12:34, 13/11/2021

Cashew nuts imported into China mainly come from Vietnam

(VAN) Cashew nuts imported from Vietnam into China increased sharply in turnover, helping Vietnam take a sharp rise in market share in this billion-consumers market.
Vietnamese cashew nuts account for more than 88% of the market share in China. Photo: TL.

Vietnamese cashew nuts account for more than 88% of the market share in China. Photo: TL.

According to a recent report from the General Administration of Customs of China (GACC), the country's cashew nut import turnover in September 2021 reached USD 22.24 million, up 17.7% compared to the same period in 2020.

China's cashew nut import turnover in the first nine months of this year reached USD 125.84 million in general, up 23% over the same period last year.

China imported cashew nuts from Vietnam with a turnover of USD 110.88 million, an increase of 28.7% in comparison to the previous year. Vietnam's cashew nut market share in China's total imports increased from 84.17% in the first nine months of 2020 to 88.12% in the first nine months of 2021.

The turnover and market share of Vietnamese cashew nuts in the Chinese market are far ahead of the following suppliers: Togo USD 4.6 million, accounting for 3.63%; Benin USD 3.3 million, accounting for 2.61%; Ivory Coast USD 2.8 million, accounting for 2.23%; Cambodia USD 1.6 million, accounting for 1.23%.

Author: Thanh Son

Translated by Samuel Pham

Import and export turnover reaches the threshold of 800 billion USD

Import and export turnover reaches the threshold of 800 billion USD

(VAN) Vietnam's trade turnover reached nearly USD800 billion, a 15% increase compared to the same period last year, with exports rising by almost 14%, significantly surpassing the target of 6%.

The seafood export reached 10 billion USD, with expectations for 2025

The seafood export reached 10 billion USD, with expectations for 2025

(VAN) The Vietnam Association of Seafood Exporters and Producers held a ceremony to celebrate seafood exports reaching 10 billion USD in 2024, with expectations for better growth in 2025.

Periodic updates on the grains, livestock futures markets

Periodic updates on the grains, livestock futures markets

(VAN) After Monday, a drier trend sets in for Argentina before rain returns next week. Soymeal is retreating on falling world prices as Argentina is slated to crush a record amount of beans.

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

(VAN) Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

Bulgaria’s oilseed harvest drops to decade low

Bulgaria’s oilseed harvest drops to decade low

(VAN) The total oilseed crop including sunflower, rapeseed and soybeans is estimated at 1.6 million tonnes, down from 2 million tonnes a year ago.  

Corn farmers score major win in Mexico GMO corn dispute

Corn farmers score major win in Mexico GMO corn dispute

(VAN) The USMCA dispute panel ruled in favor of the United States on Friday, stating Mexico violated the trade agreement with its decree to ban GMO corn.

Negotiations on exporting Vietnamese passion fruit to the United States

Negotiations on exporting Vietnamese passion fruit to the United States

(VAN) According to information from the Plant Protection Department (Ministry of Agriculture and Rural Development), Vietnam and the United States are negotiating plant quarantine measures for fresh passion fruit.

Read more