November 24, 2024 | 00:30 GMT +7
Hotline: 0913.378.918
November 24, 2024 | 00:30 GMT +7
Hotline: 0913.378.918
The EU is the world's leading cashew nut import market, in which more than half of Vietnamese cashew. Photo: TL.
According to the European Statistics Office (Eurostat), the EU's cashew imports in 2021 reached 216.26 thousand tons, worth EUR 1.3 billion (US$ 1.43 billion), up 5.5% in volume but down 1.6% in value compared to 2020.
Notably, the Vietnamese cashew nut market share in the EU's total imports accounted for 54.02% in 2021.
The three largest cashew nut import markets in the EU are the Netherlands, Germany, and France. In 2021, the Netherlands imported 63.1 thousand tons of cashew nuts, worth EUR 376.63 million (equivalent to US$ 413.92 million), up 7.6% in volume and 3.6% in value over compared to 2020.
Germany imported 59.2 thousand tons of cashew nuts, worth EUR 359.7 million (equivalent to US$ 395.3 million), down 9.7% in volume and 16.6% in value compared to 2020.
France imported approximately 17,000 tons of cashews, worth EUR 112.65 million (equivalent to US$ 123.8 million), up 16.3% in volume and 6.8% in value compared to 2020.
Translated by Ha Phuc
(VAN) In its monthly grain market report, released on Nov. 21, the IGC revised total grains ending stocks lower by 8 million tonnes, to 576 million, a 3.5% decrease from the previous year.
(VAN) Vietnam's tea industry, one of the top five tea-exporting countries in the world, is facing a concerning reality as the average export price of Vietnamese tea is only 67% of the global tea price.
(VAN) Analysts at EastFruit have observed that fruits and vegetables are contributing to inflation in Russia, despite the government's efforts to combat it through fiscal policies and an increase in the key interest rate to 21%.
(VAN) Expanding high-quality tea varieties has become a strategic goal for Vietnam's tea industry to increase export value and escape the 'cheap price trap' when exporting tea to global markets.
(VAN) After implementing the OCOP program, several products from Bac Kan Province have established a strong presence in the market and are moving towards export.
(VAN) On November 20, a Vietnamese company exported nearly 10 tons of bird's nest to China's market through the Bac Luan II border gate in Quang Ninh.
(VAN) Many businesses believe that Halal market is huge and has a lot of potential; even in Vietnam, there are Muslims, and improving product quality is important.
