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In the 30 years since its formation and growth, Vietnam's cashew processing and export industry has gradually reached the top of the world.
Vietnam Cashews Association on the evening of November 23rd, the association's 30th anniversary conference, said that in 2020, despite the impact of the new crown pneumonia epidemic, but as of the end of October this year, Vietnam's cashew exports still reached 422,000 tons, up 12% year-on-year, exports reached 2.6 billion U.S. dollars.
expected to export 450,000 tonnes and $3.3bn for the full year.
, Vietnamese cashew nuts have been exported to more than 90 countries and regions, accounting for about 80% of the world's cashew exports.
the first eight months of 2020, the United States, the Netherlands and China remain Vietnam's three largest cashew import markets, accounting for 33.5 per cent, 13 per cent and 12.7 per cent of total cashew exports, respectively.
, president of the Vietnamese Cashews Association, said the biggest advantage of Vietnam's cashew industry is that the Vietnamese themselves have developed the world's most advanced cashew processing technology.
, the association is drafting and recommending the government's "Vietnam cashew industry development strategy in the new situation."
introduced laws and policies to promote deep processing of the cashew industry to meet the world's diverse needs and give it an appropriate position in the global cashew value chain.
the same time, the association will focus on quality, efficiency as the direction of the development of raw materials, processing industry to provide high-quality raw materials.
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