Vietnam’s Cashew Exported To EU Increase by 15% In 2021

According to Vietnam’s Ministry of Industry and Trade, it is estimated that Vietnam’s cashew exports in 2021 to the EU market reach 135,000 tons, worth 816 million USD, up 16.5% in volume and 7.9% in value over the previous year 2020.

EU’s Demand for Cashew Nuts Increase

The above positive growth is due to the EU’s demand for Vietnam cashew nuts in the last month of the year reaching a high level according to the cyclical factor, in order to serve the Christmas and New Year holidays. Notably, the structure of Vietnam’s cashew exports to the EU market has generally fluctuated. In addition to focusing on exporting the main types of cashew nuts W320 and cashew W240.

=> More Info: Vietnam Earn 3,34 Billion USD Cashew Exports in 11 Months

Vietnam W320 Cashew The Most Exported Product to the EU Market

In the first 11 months of 2021, W320 cashew nut is the most exported product to the EU market, accounting for 60.6% of the total volume and 67.8% of the total value, reaching 74,230 tons, worth $497.71 billion, up 9.9% in volume but down 1.7% in value over the same period in 2020. The export of many types of cashew nuts to the EU increased sharply, including cashew nuts W240, cashew nuts W180, DW, W210. In contrast, exports of some types of cashew nuts WS/WB, W450, LP, and SP decreased.

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