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Cashew nut export brings US$1.5 billion in nine months

Vietnam exported 225,000 ton cashew nuts yielding US$1.46 billion in the first nine months this year, up 19.6 percent in volume and 21.8 percent in value compared to the same period last year.

According to reports at a seminar recently hosted in the southern province of Binh Phuoc, the export output reached 27,000 tons bringing US$175 million in September.

Vietnam would harvest 500,000 ton cashew nuts this year and have to import another 500,000 tons to process for exports from the Africa and Southeast Asia.

Binh Phuoc and Dong Nai are the two largest cashew growing provinces in Vietnam.

Source: saigon-gpdaily.com.vn

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