Vietnam’s cashew nut exports to China surge in nine months
Vietnam exported 42,199 tonnes of cashew nuts worth 327 million USD to China in the first eight months of 2019, up 60.8 percent in volume and 35.4 percent in value year-on-year, according to the Ministry of Industry and Trade.
Vietnam's cashew nut exports to China grew 35.4 percent in value in the first eight months of 2019 (Photo: VNA)
Hanoi (VNA) – Vietnam exported 42,199 tonnes of cashew nuts worth 327million USD to China in the first eight months of 2019, up 60.8 percent involume and 35.4 percent in value year-on-year, according to the Ministry ofIndustry and Trade.
TheUS, China and the Netherlands were the three biggest cashew nut importers ofVietnam in the period.
Theexport to China recorded strong growth due to trade tensions between China andthe US, said the Agro Processing and Market Development Authorityunder the Ministry of Agricultural and Rural Development.
Theauthority advised businesses to focus on improving quality of products andensuring food safety to boost exports to foreign markets.
Vietnamearned 2.4 billion USD from exporting 328,000 tonnes of cashew nuts in thefirst nine months of 2019, up 20.9 percent in volume but down 5.5 percent invalue year-on-year./.
The Vietnam Cashew Association (Vinacas) has recently held a conference to review the industry’s performance in the first seven months of 2019 and seek solutions to the problems facing it.
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Vietnam's cashew nut exports to China grew 35.4 percent in value in the first eight months of 2019 (Photo: VNA) 
