Vietnam Cashew Industry is Still in Short Of Raw Cashew nut (RCN) .

Although the cashew crop season is forecast a good season with increased production in Vietnam in 2021. But the cashew production still depends heavily on the import of raw cashew nuts from countries such as Cambodia, Laos, Nigeria…. The rate of using imported raw cashew nuts for the cashew industry in Vietnam tends to increase over the years: “In 2007, the rate of using imported raw cashew nuts was 39%, but in 2016, this rate has reached 69.7%.” In 2021, Vietnam is Still in short raw cashew for cashew kernel production, which continues to increase over the next few years.

Vietnam cashew industry regularly imports raw materials (Raw Cashew Nuts -RCN) for Vietnam cashew industry from other countries.

According to many recent reports, the cashew crop in Vietnam in 2021 is relatively favorable, which being expected increasing compared to 2020. In Binh Phuoc, the largest region of cashew in Vietnam, Mr. Lu Anh Kiet said: “Because of the good weather in this year, we have started to harvest cashew earlier, from February to March, Binh Phuoc farmers will harvest 30% of their cashew yield and the 70% remaining cashew of the harvest will be harvested from March to April.”

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