Cashew exports to the market the first 2 months


(24/03/2014) Cashew Exports continued to decline during the last four months, decreased to 27.8% in February compared to January, reaching 80.92 million ; Generally the first 2 months of 2014, turnover has increased by 16.08% compared with the same period in 2013, reaching 191.83 million.

  • United States is always the largest consumption market of Vietnam cashew, February exports to the United States, though declining 27.31% compared with January but including the first 2 months, then export to this market has increased 16.08% of turnover over the first 2 months of 2013, reaching 50.54 million, accounting for 26.34% of the total exports of the country in this group.

    China remains the 2nd largest importer of Vietnam's cashew nut export to China in February was a 24.6% decrease compared with the first month, plus a whole 2 months in, reduce turnover 7.21% over the same period, reaching 39.28 million, accounting for 20.48% of total turnover.

    Next to 2 market turnover on $ 10 million in two months that the Netherlands and Australia with a turnover of 18.51 million dollars respectively, up by 0.59% and 12.17 million, up 14.78 % over the same period.

    In February cashew exports to most markets are declining in value over the first months of the year, but for the whole 2 months of this year turnover growth remained positive in most markets; in which a lot of markets grew over 100% in value over the same period, such as the UK (up 142.3% to U.S. $ 8.52 million); France (up 194.45% to U.S. $ 3.75 million); Italy (increased 101.05% to U.S. $ 2.91 million); Spain (increased 202.57% to U.S. $ 1.84 million); Belgium (up 128.68% to reach $ 1 million); Greece (up 165% to U.S. $ 0.61 million). In contrast, exports to Pakistan and India declined over the same period, with a corresponding reduction in 72.45 and 91.71%.

    Customs data on cashew nut exports first 2 months of 2014. Unit: USD

    Market

    T2/2014
    2T/2014
    T2/1014 than T1/2014 (%)
    2T/2014 over the same period (%)
    Turnover
    80,924,511
    191 825 866
    -27.80
    +16.08
    United States
    21,318,771
    50,535,671
    -27.31
    +37.16
    China
    17.06958 million
    39,280,742
    -24.60
    -7.21
    Netherlands
    7583003
    18,507,001
    -31.28
    +0.59
    Australia
    4762671
    12,173,875
    -37.69
    +14.78
    English
    4231323
    8519248
    -1.32
    +142.30
    Canada
    3189443
    8204132
    -36.60
    +37.62
    Fall
    3015644
    7964204
    -40.10
    +4.45
    Thailand
    2864054
    6864976
    -28.42
    +60.47
    France
    2172902
    3754559
    +37.38
    +194.45
    Italy
    1653676
    2912943
    +31.32
    +101.05
    Hong Kong
    699 051
    2774471
    -66.32
    -1.95
    Germany
    1.0066 million
    2219689
    -17.02
    -28.48
    New Zealand
    1183727
    2067576
    +33.93
    +72.28
    Spain
    908 885
    1835855
    -1.95
    +202.57
    Taiwan
    507 264
    1825351
    -61.52
    +11.59
    Singapore
    943 074
    1648065
    +33.77
    -26.79
    Japan
    576 969
    1582933
    -42.65
    +53.99
    United Arab Emirates
    356 028
    1222616
    -61.09
    -32.10
    Israel
    432 700
    1203285
    -43.85
    +48.24
    South Africa
    424 832
    1096062
    -45.50
    +54.83
    Ukrainian
    461 861
    1018679
    -17.05
    -10.70
    Belgium
    660 996
    1002096
    +93.78
    +128.68
    Philippines
    240 963
    723 181
    -50.03
    +13.47
    Greece
    278 378
    611 537
    -16.44
    +165.02
    Norway
    226,800
    578 543
    -35.52
    -40.29
    India
    197 736
    384 895
    +5.65
    -91.71
    Pakistan
    0
    83,000
    *
    -72.45
    Malaysia
    0
    49 350
    *
    *
    Source: Vinanet
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