China continued to rank second among importers of Vietnamese cashew nuts after the United States in the first half of 2014, despite the shrinking market, according to statistics released by the Vietnam Customs Tuesday. Vietnam Industry and Trade Information Center (VITIC) under the Ministry of Industry and Trade on Tuesday quoted the information from Vietnam Customs as saying that during the six-month period, Vietnam exported some 138.73 million US dollars worth of cashew nuts to China, an increase of 31.09 percent year-on-year…Full Article: The Global Times Aug 2014

Key Point

  • From 2000 to 2013, Vietnam’s market share of Chinese cashew imports declined from 32.6% to 20% despite a net volume increase of 11,000 tons to 52,000 tons to China over the same period. During the first half of 2014, this percentage dropped to 16.3%.

ChinaAg Comment

  • In 2011, China produced 720 MTs of cashews (in-shell).

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