Việt Nam is expected to export 320,000 tonnes of cashew worth US$3.3 billion this year, which represents a fall of 9.2 per cent in volume terms due to a sharp fall in harvests due to unfavourable weather, according to the Việt Nam Cashew Association. — Photo cafef.vnHCM CITY — Việt Nam is expected to export 320,000 tonnes of cashew worth US$3.3 billion this year, which represents a fall of 9.2 per cent in volume terms due to a sharp fall in harvests due to unfavourable weather, according to the Việt Nam Cashew Association. Last year processors had imported 1.06 million tonnes of raw cashew, mostly from African countries. A maximum of 1 million tonne of raw cashew is expected to be imported this year, he said. Việt Nam has been the world’s largest cashew exporter for the last 11 years, last year accounting for 42 per cent of the global export volumes, according to Vinacas.

Source: Viet Nam News July 12, 2017 23:03 UTC