April 2020: Cashew exports in some markets increase

6/13/2020 9:11:47 AM

April 2020: Cashew exports in some markets increase

In April 2020, cashew nut exports to some markets increased compared to April 2019, including the United States, the Netherlands, Australia and Japan. In contrast, cashew exports to the UK market, Israel decreased. Generally for the first 4 months of 2020, cashew exports to the US and the Netherlands increased, while exports to the Chinese market decreased. Specifically:
April 2020 expands conditions in a number of markets
In April 2020, cashew exports to some markets increased compared to April 2019, including the United States, the Netherlands, Australia and Japan. In contrast, cashew exports to the UK market, Israel decreased. Generally for the first 4 months of 2020, cashew exports to the US and the Netherlands increased, while exports to the Chinese market decreased. Specifically:

Cashew exports to the United States in April 2020 reached 17.52 thousand tons, worth US $ 115.43 million, up 50.3% in volume and up 30.8% in value compared to April 2019. Generally for the first 4 months of 2020, exports of cashew nuts to the US market reached 52.04 thousand tons, worth US $ 360.47 million, up 40.9% in volume and up 22.6% in value compared to In the same period of 2019.

In April 2020, cashew exports to China reached 4.39 thousand tons, worth US $ 28.41 million, up 8.6% in volume, but down 9.2% in value. Price compared to April 2019. Generally for the first 4 months of 2020, cashew exports to the Chinese market reached 10.72 thousand tons, worth US $ 73.87 million, down 26.4% in volume and 36.6% in value compared to the the same period in 2019.

Cashew export markets in April and the first 4 months of 2020

(Calculated according to data released on April 13, 2020 of GDC)

Unit: USD

 

 

Market

April 2020

4T / 2020

Compared to 4M / 2019 (%)

Amount  (Ton)

Value

(Thousand USD)

Amount  (Ton)

Value (Thousand USD)

Amount

Value

USA

17,523

115,433

52,037

360.475

40.9

22.6

Netherlands

6.208

41,213

16,877

120.308

62.3

38.1

China

4,389

28,410

10,718

73,869

-26.4

-36,6

Virtue

2,039

13,553

6,347

43,782

30.1

10.0

Australia

1,318

8.479

4,409

29,286

-4.0

-18.7

Brother

1,230

7.555

4,763

29.121

-2,9

-19.0

Canada

1,211

8.417

4,300

32,382

42.4

24.5

Italy

1.052

4,916

2,818

14,674

2.0

-13.2

Japan

642

4,398

1,707

12.173

67.7

52.4

Israel

533

3,667

1.837

12,920

-12.3

-24.4

Phuong Thuy (according to  VITIC)

Source: VinaNet

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