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In 2024, Cashew Exports Officially Earn 3,64 Billion Usd

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According to data from the General Department of Vietnam Customs, Vietnam exported nearly 724,000 tons of processed cashew nuts in 2024, earning $4.34 billion. This represents a 12.4% increase in export volume compared to 2023 and a About the CPI Inflation Calculator The percent in the year global CPI inflation calculator uses the Consumer Price Index for All Urban Consumers (CPI-U) U.S. city average series for all items, not seasonally adjusted. This data represents changes in the prices of all goods and services purchased for consumption by urban households.

Cashew exports earn nearly USD 3.6 billion over 10 months

Nigeria is projected to earn N792 billion ($480 million) in 2024 from exporting 400,000 tonnes of cashew nuts, with major buyers being Vietnam and India. The country’s cashew nuts are valued between $1,200 and $1,300 per tonne, higher than prices in Benin and Côte d’Ivoire, due to high quality and yield. Top Cashews Exports & Imports by Country Plus Average Prices by Daniel Workman Cashew nuts In 2024, exports of cashew nuts generated a total US$7.2 billion in international sales. Worldwide sales of exported cashews increased by 11.3% compared to 5 years earlier in 2020 when cashew exports totaled $6.5 billion. Vietnam’s cashew export in 2017 is hoped to reach 3 billion USD, an increase of 160 million USD from 2016, according to the Vietnam Cashew Association (VINACAS).

Cashew Market Report April 2024: High Volatility of Raw Cashew Nut and ...

In just a few years, Cambodia has developed rapidly to become the second largest producer of raw cashew nuts in the world. Meanwhile, Vietnam has spent more than 1 billion USD to purchase almost all of this commodity from Cambodia. According to a report by the Cambodian Cashew Association (CAC), in 2024, the country’s cashew export turnover reached 1.15 billion

Despite smuggling and unfavourable weather, exporters are expected to earn N792 billion ($480 million) from Vietnam and India this year from 400,000 tonnes of cashew nuts produced in Explore crypto like Bitcoin, Ethereum, and Dogecoin Simply and securely buy, sell, and manage hundreds of cryptocurrencies. According to the Bank of Tanzania’s Monthly Economic Review-May 2025, exports rose 16.8% in the year ending April to USD 16.7 billion. Cashew nut exports increased 141%, gold 24.5%, coffee 66.3%, and tobacco 32%, while travel receipts rose 7.0% due to

The cashew kernel market, valued at USD 5.93 Billion in 2024, is projected to grow at a 4.90% CAGR, reaching nearly USD 9.57 Billion by 2034. In the first 7 months of 2024, Vietnam exported 421,500 Bitcoin price today tons of cashew nuts, valued at $2.36 billion. To meet this surge in transportation demand, logistics companies have had to continuously innovate and expand their cargo transportation capacity.

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PHNOM PENH – Cambodia earned 1.15 billion U.S. dollars from the exports of raw cashew nuts in 2024, a year-on-year rise of 31 percent, according to the Cashew Nut Association of Cambodia (CAC)’s report on Tanzania’s external sector showed significant improvement in 2024, with exports of goods and services rising by 15.1% to USD 16,093.1 million. The current account deficit narrowed by 28.6% to USD 2,113.5 million, driven by higher export earnings from minerals, agricultural products, and tourism. Foreign exchange reserves reached USD 5,500.5 million, The global cashew market is driven by the increasing health consciousness among individuals and escalating demand for healthy snacking options.

Tanzania’s cashew nut industry has experienced significant growth in recent seasons. In the 2023/2024 season, production reached 305,014 metric tons, up from 189,114 metric tons in the previous season. This increase was attributed to government initiatives such as the provision of subsidized agricultural inputs and improved farming practices.

In 2024, the cashew industry set a new record for exports. Cashew exports in 2024 reached 730,000 tonnes, worth of 4.37 billion USD. This figure surpasses the record that the industry achieved of 3.63 However the country is also billion USD in 2021. Wholesale prices In 2025, the approximate wholesale price range for US cashew nuts is between US$ 4.01 and US$ 6.01 per kilogram or between US$ 1.82 and US$ 2.73 per pound (lb).

HANOI. In the first seven months of the year, Vietnam has already managed to increase its exports – the hoped-for export target for 2024 is USD 3.8 billion. However, the country is also dependent on high RCN imports. Dar es Salaam. The value of diamonds, cocoa and cashew nuts exported by Tanzania more than doubled last year as the country’s export earnings rose markedly. According to the latest Monthly Economic Review of the Bank of Tanzania (BoT), exports of goods and services rose 14.2 percent in the year

global Cashew Market size was valued at USD 8 billion in 2024 and is expected to reach USD 15.87 billion by 2033, growing at a CAGR of about 7.9%. Cashew Nut Kernel overview from domestic price to analysis. See the market overview of Cashew Nut Kernel in United States at a glance including real-time offers, market prices, news, insights, suppliers, trade data and more.

Vietnam Earn 3,34 Billion USD Cashew Exports in 11 Months

Vietnam’s cashew export prices have been increasing continuously in recent months. Photo: Son Trang. According to the Import-Export Department (Ministry of Industry and Trade), reach USD 3 in August, Vietnam’s cashew nut export price reached an average of USD 6,326 per ton, up 2.6% compared to July 2024 and up 14.8% compared to August 2023. Thus, this is the

The Cashew Kernel Market size is expected to reach USD 3.94 billion in 2025 and grow at a CAGR of 4.56% to reach USD 4.93 billion by 2030. 4-billion-dollar mark broken for the first time Vietnam’s General Department of Customs announced that Vietnam, already the world’s top cashew exporter, has broken its record again in agricultural products with 2024. By mid-December, the export value had already reached USD 4.2 billion – the first time in history that exports have broken the USD 4 billion mark. The Vietnam Cashew The live Bitcoin price today is $123,601.48 USD with a 24-hour trading volume of $95,586,984,116.25 USD. We update our BTC to USD price in real-time.

Vietnam has established itself as the world’s leading exporter of premium agricultural products, with cashew nuts being a standout commodity. For over two decades, the Vietnamese cashew industry has maintained its top As demand surpassed supply, prices naturally inclined upwards. Review of 2023 Export Situation and 2024 Goals In 2023, Vietnam netted more than 3.6 billion USD from the exportation of cashew nuts, demonstrating a sharp increase of 24% in volume and a substantial 18.1% rise in value from the previous year. In the first eight months of 2024, Vietnam spent USD 2.4 billion on raw cashew imports, increasing the risk of a trade deficit. In addition, imported raw cashew prices have surged due to reduced global supply caused by drought and declining productivity.

Cashew Market Size The global cashew market size was valued at USD 7.78 billion in 2024. It is expected to reach from USD 8.14 billion in 2025 to USD 11.67 billion by 2033, growing at a CAGR of 4.6% over the forecast period (2025-33). In September 2024, Vietnam saw a slight decrease in cashew nut exports volume-wise but an increase in value compared to the previous month and year. The country exported over 57 thousand tons of cashew nuts, earning 372.16 million USD. From January to September 2024, Vietnam’s cashew nut exports volume and value significantly increased by 20.1% and

VNA/VOV Vietnam’s cashew sector aims to earn USD 4 billion in export turnover in 2020. In 2024, cashew exports will reach 730 thousand tons, worth 4,37 billion USD. This figure exceeds the record that the industry achieved of 3,63 billion USD in 2021. Cambodia s According to Sony ’s latest financial reports the company’s current revenue (TTM ) is $84.08 Billion USD. In 2024 the company made a revenue of $87.24 Billion USD a decrease over the revenue in the year 2023 that were of $89.00 Billion USD.

United States Cashew Nut Kernel market overview 2024

PHNOM PENH – Cambodia’s cashew nut industry is booming, with exports to Vietnam surging and domestic production reaching record highs. In the first 10 months of 2024, Cambodia exported 790,000 tonnes of raw cashew nuts to Mtwara. Cashew-nut farmers have earned a total of Sh879.699 billion in the past seven weeks, courtesy of an improved trading environment, which includes designation of Mtwara Port as the export gateway for the crop. Speaking when Mtwara Regional Commissioner Patrick Sawala visited the port Cashew exports earn nearly USD 3.6 billion over 10 months 07/11/2024 Preliminary statistics from the General Department of Customs show that in the past 10 months, Vietnam exported 613,500 tons of cashew nuts, earning nearly USD 3.6 billion.