Vietnams cashew export to China strongly rises
Hanoi - Vietnam raked in 221.47 million USD from exporting over 28,000 tonnes of cashew nut to China in the first half of this year, up 24.8 percent in value and 53.2 percent in volume year-on-year, according to the General Department of Customs.
Illustrative image (Source: VNA)
In June alone, the country exported 6.6 million tonnes of the nut to China, earning 51 million USD, up 143.8 percent in volume and 104.2 percent in value compared to the same period last year.
According to Pham Van Cong, Chairman of the Vietnam Cashew Association, the Chinese Government is tightening regulations on export-import via borders between the two countries.
Vietnamese cashew is popular in choosy markets such as the US and the EU, and this is paving the way for domestic exporters to expand markets.
Along with seeking new markets, Vietnam aims to maintain major ones such as China, the Netherlands, and especially the US,which consumes up to 40 percent of the country’s cashew nuts.
Related news
Thanh An - High-tech melon planting is effective In the implementation of the plan of high-tech agricultural development in association with the restructuring of the agricultural sector
Rice cultivation shows uncertainties Farmers in provinces in the Mekong Delta are entering the harvest time of the summer-autumn rice crop; however, as the rice price is not high this year
Seeds for seedless watermelons exported to Japan Loc Troi Group, a leading provider of agricultural services and products in Vietnam, on July 23 announced it had exported 8.1 kg of seeds that will grow