Netherlands: Increased import of cashew nuts from Vietnam

In the first 7 months of 2020, imports of Dutch cashew nuts from Vietnam increased sharply; Vietnam's market share of cashew and pepper in total imports of the Netherlands increased.

According to data from the European Statistics Agency (Eurostat), the first 7 months of 2020, the Netherlands reduced pepper imports from most major sources. Specifically, imports of Dutch pepper from Vietnam in the first 7 months of 2020 decreased 1.7% in volume and 9.2% in value over the same period in 2019, reaching 4.57 thousand tons, price 13 million euros (equivalent to 15.5 million USD). However, Vietnam's market share of pepper in total imports of the Netherlands still increased from 48.2% in the first 7 months of 2019 to 55.8% in the first 7 months of 2020.

Meanwhile, imports of Dutch pepper from Brazil fell sharply by 41% in volume and 41.4% in value over the same period in 2019, reaching 1.5 thousand tons, worth 3.3 million EUR ( equivalent to 3.9 million USD). Brazil's share of pepper in total Dutch imports fell sharply from 26.4% in the first 7 months of 2019, to 18.3% in the first 7 months of 2020.

 

For cashew products, according to the International Trade Commission, imports of Dutch cashew nuts from Vietnam in the first 7 months of 2020 increased 53.9% in volume and 29.4% in value over the same period. period in 2019, reaching nearly 27 thousand tons, worth $ 191.63 million. Vietnam's market share of cashew nuts in total imports of the Netherlands increased sharply, from 68.1% in the first 7 months of 2019 to 77.9% in the first 7 months of 2020. In contrast, Hanoi's cashew imports Lan from India fell sharply by 31.8% in volume and 38.6% in value over the same period in 2019, reaching nearly 3.2 thousand tons, worth $ 24.95 million. India's share of cashew nuts in total Dutch imports fell sharply from 18.1% in the first 7 months of 2019, to 9.2% in the first 7 months of 2020.

Source: Industry and Trade Newspaper

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