(HSV VIETNAM GROUP) - In the first 5 months of 2023, Vietnam's cashew exports are estimated to reach 219 thousand tons, worth 1.28 billion USD, up 8.0% in volume and 5.5% in value compared to the same period last year.
According to estimates by the General Department of Customs, Vietnam's cashew exports in May 2023 reached 57 thousand tons, worth 331 million USD, an increase of 10.9% in volume and an increase of 8.3% in value compared to April 2023, an increase of 13.9% in volume and an increase of 8.3% in value compared to May 2022. In the first 5 months of 2023, Vietnam's cashew exports are estimated to reach 219 thousand tons, worth 1.28 billion USD, up 8.0% in volume and 5.5% in value compared to the same period last year.
In May 2023, Vietnam's average cashew export price is estimated to reach 5,805 USD/ton, down 2.3% compared to April 2023 and down 4.9% compared to May 2022. In the first 5 months of 2023, Vietnam's average cashew export price is estimated to reach 5,850 USD/ton, down 2.4% over the same period in 2022.
Regarding types, in the first 4 months of 2023, Vietnam mainly exports cashew nuts W320, W240, W180, accounting for 62.3% of the total volume and 69.5% of the total export turnover of cashew nuts of all kinds. Therefore, the export growth of the above types of cashew nuts has had a positive impact on the entire industry.
According to calculations from data from the General Department of Customs, in April 2023, our country's W320 cashew nut exports reached 20.61 thousand tons, worth 130.44 million USD, up 3.4% in volume and 3.6% in value compared to the previous month, but compared to April 2022, down 0.6% in volume and down 0.2% in value. In the first 4 months of 2023, W320 cashew exports reached 67.75 thousand tons, worth 427.11 million USD, up 6.8% in volume and 3.3% in value compared to the same period last year. In the first 4 months of 2023, the proportion of W320 cashew nut exports accounts for 41.7% of the total volume and 44.8% of the country's total turnover.
Similarly, in the first 4 months of 2023, exports of cashew nuts W240 and W180 increased by 5.4% and 57.4% in volume, respectively, and in terms of turnover increased by 5.2% and 48.4% over the same period last year, reaching 24.15 thousand tons and 9.28 thousand tons, worth 164.35 million USD and 70.86 million USD.
On the contrary, Vietnam reduced exports of some types of cashew nuts in the first 4 months of this year, including: WS/WB, SP, W210, DW cashews.
Ha Diem – HSV VIETNAM GROUP (Summary)