Figures from Vietnam
Import
Vietnam imported a total of 190,514 mt RCN in December, which is 33.98% more than last year during the same period. It brings the total imports for 2020 at 1,735,936 mt RCN. In 2020, the imports remained lower than 2019 until October, but in November and December the trend reversed and the total imports this year reached 3.51% more than in 2019. Nevertheless, the turnover is 8.31% lower than in 2019.
On top of that, Vietnam imported 6,795 mt of raw cashew kernels with Testa and white kernels which makes the total for this year at 58,204 mt, the equivalent of 258,684 mt RCN.
Export
Vietnam exported 52,676 mt of cashew kernels in December 2020. It is 27.27% more in comparison to December 2019. In 2020, Vietnam exported 13.48% more than in 2019. Despite the pandemic crisis, a total of 521,419 mt of cashew kernels were exported.
United States
To the USA, Vietnam shipped 12,532 mt in December, 12.96% more than last year.
In 2020, the exports to the USA increased by 9.72% to 148,125 mt.
China
7,717 mt were exported to China in December. That is 1.22% less than last year. 2020 was marked by a certain irregularity in volume exported to China. During the first phase of the pandemic, and because of the lockdowns in China, the exports reduced considerably. From September to November, exports started again, but in December, volumes returned to a comparable level with last year.
In total, in 2020, 62,302 mt have been exported to China; 7.28% less than in 2019.
EU & Others
In 2020, exports to Europe & Others increased by 20.87%, reaching 310,992 mt. In December, the volume shipped was 44.24% higher than the same period last year. 32,426 mt were exported in December.
In terms of distribution in 2020, exports to the EU & Others, represented 4 more points meanwhile exports to the US and China respectively lost 1 and 3 points (see below graphs). This means that the share of cashew kernels exported from Vietnam to the EU & Others increased in 2020.