Vietnam retains its position as world’s leading cashew exporter

The cashew sector of Vietnam continued to sustain its position as the world’s leading processor and exporter of the nut during 2018 as the country processed 1.65 million tons of raw cashew and exported 391,000 tons of cashew nuts worth a total of US$3.52 billion.
vietnam retains its position as world’s leading cashew exporter hinh 0

Cashew is expected to retain its top position among major Vietnamese farm produce exports such as fruit and vegetables, coffee, rice, and pepper.

According to statistics released from the Ministry of Agriculture and Rural Development, the export of cashew nuts accounted for 8.7% of the country’s total export turnover of agro-forestry-fisheries products.

The Vietnam Cashew Association (VINACAS) said Vietnamese cashew has now been exported to over 90 nations and territories across the world.

The United States in particular remains the largest import market, accounting for 35% of market share, followed by China with 13%,  whilst the EU and other nations make up 55%.

Domestically produced cashew nuts continue to maintain a market share of over 60% of the global total cashew export value (about US$5.7 billion) and have secured the position as the world’s leading cashew processor and exporter.

2018 also witnessed a total of 450 businesses exporting cashew nuts to foreign markets. However, an export value of US$10 million only focuses on the 40 leading businesses, which have invested in upgrading their equipment and applying international standards such as GMP, HACCP, and ISO into production.

Notably, 2018 also saw drastic changes to the cashew processing sector, which has significantly shifted from preliminary processing to intensive processing through the launch of a range of organic products.

According to VINACAS, the cashew sector still grossed roughly US$3.8 billion in 2018 through exporting both intensively-processed and sub-cashew products. 

This year, the sector aims to maintain the export figure of 350,000 tons of cashew nuts to overseas markets with the aim of reducing the volume but improving on the overall quality of the product.

VOV

Other News

Data-driven land valuation to curb speculation: Experts

Data-driven land valuation to curb speculation: Experts

From a property-market perspective, Do Thi Thu Giang, National Director of Valuation and Advisory at Savills Vietnam, said the orientations under Resolution No. 21-NQ/TW could make the market more transparent and efficient, with property values increasingly tied to actual development and use potential.

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.

Expo to open door for Vietnamese suppliers to enter US market

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

2026 Banking Sector Digital Transformation to open in Hanoi

2026 Banking Sector Digital Transformation to open in Hanoi

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Vietnam targets higher-quality FDI under Resolution 10

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing and engineering posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring and sustained investment inflows in high-tech manufacturing.

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules.

Financial market reform plan targets high, sustained growth through 2045

Financial market reform plan targets high, sustained growth through 2045

The plan seeks to develop a balanced and modern financial market that is closely integrated with regional and global markets, strengthens the mobilisation and allocation of domestic and foreign capital, and enhances the market’s role as a key provider of medium- and long-term capital for the economy and as a major driver of sustained high economic growth.

An Giang aims to become leading maritime economic hub

An Giang aims to become leading maritime economic hub

Under the province's master plan for 2021–2030 with a vision to 2050, An Giang will prioritise investment in five strategic sectors: strategic infrastructure; processing industries and clean energy; trade, services, logistics and border-gate economy; high-quality tourism; and high-tech agriculture, ecological development and the circular economy.