Cashew export market first 8 months of 2016

According to preliminary statistics of the General Administration of Customs, in the first 8 months of 2016, the country exported 226,540 tons of people of all kinds, earning US $ 1.77 billion (up 5.8% in volume and 13.6% increase in turnover compared to the same period last year).

Vietnam cashew nuts exported to many markets around the world, which has 3 markets was over $ 100 million in the first 8 months, were: United States 596.5 million (accounting for 36.6% of total cashew exports of the country, up 5.2% yoy); China 229.7 million (13%, up 19%); Netherlands 243.3 million (13.7% and 24% respectively).

Overall, in the first 8 months of 2016 exports of cashew nuts to the majority of the market will achieve positive growth in turnover compared to the same period in 2015; including strong export growth in some markets such as France (+ 71%), Pakistan (+ 221%); India (+ 100%), the Philippines (+ 91%). In contrast, exports plummeted at 2 figure in the market such as South Africa (-26.2%); Belgium (-24%); Japan (-21.4%); Taiwan (-15.7%); UAE (-15.46%).

In the domestic market, the price of raw cashew nuts in Binh Phuoc materials are hit record, hit the milestone of 50,000 VND / kg, up on 10000-15000 VND / kg compared to the previous season and forecast further increases, while the current scarce plants, but no longer cashew farmers to sell reserves.

This year, due to severe drought affecting 40% yield reduction that 2015-2016 season, while demand for the supply of raw materials to factories processing cashew exports remain buoyant, causing material market crude supply was scarce. Currently, supplies are limited and that import prices at a high level, but the farm was sold out at the beginning of things.

According to experts, currently the world's cashews demand soared, the market is increasingly favored Vietnam's cashew nuts. Is the cashews are exporters of agricultural products have good output of agricultural products in the context of many other major exporters are still facing difficulties.

Preliminary statistics on the export of cashew GDC first 8 months of 2016

Market	8T / 2016	8T / 2015	+/- (%) 8T / 2016 yoy
Total turnover	1773189461	1561661827	+13.55
USA	596 499 907	566 794 892	+5.24
Netherlands	243 305 666	196 159 948	+24.03
China	229 737 773	192 359 499	+19.43
Brother	83,284,152	68,290,357	+21.96
Australia	79,326,230	78,962,638	+0.46
Canada	61,107,060	56,195,696	+8.74
Virtue	59,795,553	46,425,983	+28.80
Thailand	46,975,975	46,375,458	+1.29
Israel	26,815,717	18,549,452	+44.56
Italia	23,644,112	20,502,339	+15.32
Fall	21,575,334	13,934,861	+54.83
India	18,711,461	9344841	+100.23
France	18,639,289	10,880,187	+71.31
United Arab Emirates	17,549,003
Japan	14,791,413

Source : www. Vinacas.com