Cashew exports continued to rise strongly to the Canada market

In the first 9 months of 2018, cashew nut exports reached 271.7 thousand tons, worth 2.536 billion USD, up 5.5% in volume but down 0.7% in value compared with 9 months in 2017.

Cashew exports continue to rise to the Canadian market (image)

According to statistics from the General Department of Customs, in the first 15 days of October2018, cashew nut exports reached 14.5 thousand tons, valued at 123.83 million USD, up 3.3% in volume and 3.7% in value. value compared with the first 15 days of 9.2018, compared with the first 15 days of October 2017 decreased 5.9% in volume and 19.9% ​​in value.

Accordingly, from the beginning of the year to the first 15 days of October, 1818, the export of cashew nuts reached 286 thousand tons, valued at $ 2.659 billion, up 4.8% in volume, but down 1.8% in value compared with same period in 2017.

In September, the export of cashew nuts reached 29.7 thousand tons, valued at $ 256.27 million, down 14.8% in volume and 13.9% in value compared to August 2018, down 9.4% in volume and down 22.4% in value over the same period in 2017.

Generally for 9 months of 2018, cashew nut exports reached 271.7 thousand tons, valued at 2.536 billion USD, up 5.5% in volume but down 0.7% in value compared with 9 months in 2017.

In the first 15 days of October, the average export price of cashew nuts was $ 8,530 a tonne, up 0.3% from the first 15 days of September, but down 14.8% from the first 15 days of October.

Accumulated from the beginning of the year to 15.10.2018, the average export price of cashew nuts reached $ 9,294 / ton, up 0.4% over the same period in 2017. In September, the average export price of cashew nuts was $ 8,611 / up 1.0% from August 2018, but down 14.3% from September 2017.

In the first nine months of 2018, the average export price of cashew nuts was $ 9,335 per tonne, down 5.8 per cent from the same period of the previous year. In September, the cashew nut exports to many key markets declined compared to the same month. 2017, such as the United States, China, the Netherlands, Germany.

Cashew exports to Canada increased sharply by 42.5% in volume and 20.2% in value. In the first 9 months of 2018, cashew nut exports to the US increased 12.4% in volume and 4.6% in value over the same period in 2017, reaching 104 thousand tons, worth $ 973 million.

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Source: Trading Newspaper