Vietnam has processed 1.3 million out of 2.74 million tons of raw cashew over the world’s total number for the 2014-2015 period, according to the Vietnam Cashew Association (Vinacas).
|Workers process cashews for export at a Viet Ha Cashew import-export factory -Photo: VNS|
Besides, Vietnam has exported over 300,000 tons of cashew nuts, accounting for 50 percent of the global trade value.
The countries in the world have imported Vietnam’s cashew nuts including the U.S to 30 percent market share; EU to 25 percent, China 20 percent.
In the first six months of 2015, Vietnam exported 150,000 tons of many kinds of nuts worth US $ 1.1billion, an increase of 14 percent in volume and 28 percent in value compared to the same period last year.