List of 10 largest cashew nut exporters in Vietnam 2023
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Cashew nuts are a type of nut with very high nutritional value and bring many benefits to the human body. Trusted and used by many people and is popular worldwide. Therefore, cashew nut export is also the hottest manufacturing industry in the market today. How does the cashew nut market develop? How large is it? How large is it? How much foreign exchange does it bring? To be able to understand the above information accurately, let's find out through the following article.
List of 10 largest cashew nut exporters in Vietnam 2023
Vietnam is currently one of the countries with the largest cashew nut exporting companies in the world. The tropical climate here is favorable for growing agricultural products, including cashew nuts. Cashew nuts contain a lot of healthy fats and have a delicious, crunchy, and nutritious flavor. In addition to supporting the weight loss process, cashew nuts also contain antioxidants that help prevent aging and maintain healthy skin.
Here is a list of the Top 10 largest cashew nut exporting companies in Vietnam:
Duy Linh Company Limited (Binh Duong): Providing cashew nuts, roasted cashew nuts (salted, garlic, and chili), and fresh cashews according to BRC food safety standards.
Here is a list of the Top 10 largest cashew nut exporting companies in Vietnam:
Duy Linh Company Limited (Binh Duong): Providing cashew nuts, roasted cashew nuts (salted, garlic, and chili), and fresh cashews according to BRC food safety standards.
Long Son Food Company Limited (Dong Nai): Established in 2000 and is one of the largest cashew nut exporting companies in Vietnam. Long Son's cashew nut products ensure quality and are produced based on new technology.
Hai Binh Cashew Joint Stock Company (Gia Lai): Known for its quality cashew products and guaranteed packaging.
My Viet Cashew Processing Company Limited (District 7): Specializes in providing cashews and roasted cashews according to customer needs.
Hanfimex Vietnam Joint Stock Company (Hanoi): Highly appreciated for the quality of cashew products.
Thao Nguyen Company Limited (HCMC): Providing cashew nuts and cashew products.
Hong Loi Thinh Company Limited (Dong Nai): Known for its quality cashew products and guaranteed packaging.
Hoang Son 1 Joint Stock Company (Binh Phuoc): Specializes in exporting cashew nuts.
HadiFood Vietnam Company (HCMC): Providing cashew nuts and cashew products.
VinaNuts Cashew Company (HCMC): Known for its quality cashew products and guaranteed packaging.
Vietnam's Cashew Nut Export Output in 2023
Vietnam's cashew nut export output in 2023 recorded significant growth. Here are some notable details:
October 2023: Vietnam's cashew nut exports hit a new record of 64.32 thousand tons, worth 358.18 million USD. This is an increase of 13.3% in volume and 15.5% in value compared to September 2023, and an increase of 47.7% in volume and 37.1% in value compared to October 2022.
In the first 10 months of 2023: Vietnam's cashew nut exports reached approximately 516.87 thousand tons, worth 2.95 billion USD. This is an increase of 21.8% in volume and 15.9% in value compared to the same period last year. The average export price of Vietnam's cashew nuts in October 2023 reached 5,569 USD/ton, up 2.0% compared to September 2023, but down 7.2% compared to October 2022.
October 2023: Vietnam's cashew nut exports hit a new record of 64.32 thousand tons, worth 358.18 million USD. This is an increase of 13.3% in volume and 15.5% in value compared to September 2023, and an increase of 47.7% in volume and 37.1% in value compared to October 2022.
In the first 10 months of 2023: Vietnam's cashew nut exports reached approximately 516.87 thousand tons, worth 2.95 billion USD. This is an increase of 21.8% in volume and 15.9% in value compared to the same period last year. The average export price of Vietnam's cashew nuts in October 2023 reached 5,569 USD/ton, up 2.0% compared to September 2023, but down 7.2% compared to October 2022.
Export market: In the first 10 months of 2023, Vietnam's cashew nut exports to key markets increased in volume, only decreasing in value in the Australian market. Notably, cashew nut exports to the Netherlands, Germany, the UK, and the United Arab Emirates increased sharply. Of which, cashew nut exports to the US market reached 733 million USD, up 4.7% over the same period last year; the Chinese market reached 522.3 million USD, up sharply by 46.6%.
India: According to statistics from the Indian Ministry of Commerce, the country's cashew nut exports in the first 8 months of 2023 reached 41.1 thousand tons, worth 244.5 million USD, up 26.1% in volume, but down 0.6% in value compared to the same period last year. India exports cashew nuts to 53 countries and territories around the world, including Vietnam.
In 2023, Vietnam's cashew nut exports recorded significant growth. Below is a list of Vietnam's 10 largest cashew nut export markets:
China: China continues to be Vietnam's largest cashew nut export market. In September 2023, cashew nut exports to China reached approximately 56.8 thousand tons, worth over 310 million USD. This marks a growth of 47.6% in volume and 31.8% in value compared to the same period in 2022. 12.
United States: The United States is Vietnam's second largest cashew nut buyer. Export value to the United States in September 2023 reached 433.8 million USD.
Netherlands: The Netherlands is also one of the important markets for Vietnamese cashew nuts.
Germany: Germany ranks fourth on the list, where there is high demand for cashew nuts.
UK: The UK market also contributes significantly to Vietnam's cashew nut exports.
Australia: Australia is a potential market for cashew nuts.
United Arab Emirates: This market recorded a sudden growth of 186.4% in September 2023.
Canada: Canada is also one of Vietnam's important export partners.
Saudi Arabia: This market is also increasing strongly in purchasing cashew nuts from Vietnam.
Thailand: Thailand is a traditional and potential market for Vietnamese cashew nuts.
In 2023, Vietnam's cashew nut exports recorded significant growth. Below is a list of Vietnam's 10 largest cashew nut export markets:
China: China continues to be Vietnam's largest cashew nut export market. In September 2023, cashew nut exports to China reached approximately 56.8 thousand tons, worth over 310 million USD. This marks a growth of 47.6% in volume and 31.8% in value compared to the same period in 2022. 12.
United States: The United States is Vietnam's second largest cashew nut buyer. Export value to the United States in September 2023 reached 433.8 million USD.
Netherlands: The Netherlands is also one of the important markets for Vietnamese cashew nuts.
Germany: Germany ranks fourth on the list, where there is high demand for cashew nuts.
UK: The UK market also contributes significantly to Vietnam's cashew nut exports.
Australia: Australia is a potential market for cashew nuts.
United Arab Emirates: This market recorded a sudden growth of 186.4% in September 2023.
Canada: Canada is also one of Vietnam's important export partners.
Saudi Arabia: This market is also increasing strongly in purchasing cashew nuts from Vietnam.
Thailand: Thailand is a traditional and potential market for Vietnamese cashew nuts.
Thus, Vietnam's cashew export industry is growing strongly and has positive prospects in the future!
Criteria for selecting good cashew nut exporters in Vietnam
Vietnam is one of the countries with the largest cashew nut exporting companies in the world. Here are some criteria for selecting good cashew nut exporters in Vietnam:
Adaptable to the climate: Vietnam has a tropical climate, which is an ideal condition for growing cashew nuts. Cashew nut exporting companies here often have high-quality products.
Good yield harvesting: Cashew nut exporting companies need to have an efficient harvesting process to ensure productivity and product quality.
Diverse applications: Companies should produce and package cashew nuts in many different forms, from roasted cashew nuts (salted, garlic, and chili) to fresh cashew nuts, to be able to fully serve the needs of customers.
High return on investment: Cashew nut exporting companies need to ensure a high return on investment to maintain and develop their business.
Easy management and cultivation: The company should have a reasonable management and cultivation process to ensure the production of quality and safe cashew nuts.
Below is a list of some major cashew nut exporting companies in Vietnam:
Duy Linh Company Limited (Binh Duong): Provides all kinds of cashew nuts, roasted cashew nuts, and fresh cashew nuts.
Long Son Food Company Limited (Dong Nai): Thoroughly trained in the production process to ensure product quality.
Hai Binh Cashew Joint Stock Company (Gia Lai): Standing firm as a strong cashew nut exporting company abroad.
My Viet Cashew Nut Processing Company Limited (District 7): Taking advantage of stockpiling goods to ensure quality.
Adaptable to the climate: Vietnam has a tropical climate, which is an ideal condition for growing cashew nuts. Cashew nut exporting companies here often have high-quality products.
Good yield harvesting: Cashew nut exporting companies need to have an efficient harvesting process to ensure productivity and product quality.
Diverse applications: Companies should produce and package cashew nuts in many different forms, from roasted cashew nuts (salted, garlic, and chili) to fresh cashew nuts, to be able to fully serve the needs of customers.
High return on investment: Cashew nut exporting companies need to ensure a high return on investment to maintain and develop their business.
Easy management and cultivation: The company should have a reasonable management and cultivation process to ensure the production of quality and safe cashew nuts.
Below is a list of some major cashew nut exporting companies in Vietnam:
Duy Linh Company Limited (Binh Duong): Provides all kinds of cashew nuts, roasted cashew nuts, and fresh cashew nuts.
Long Son Food Company Limited (Dong Nai): Thoroughly trained in the production process to ensure product quality.
Hai Binh Cashew Joint Stock Company (Gia Lai): Standing firm as a strong cashew nut exporting company abroad.
My Viet Cashew Nut Processing Company Limited (District 7): Taking advantage of stockpiling goods to ensure quality.
Summary
Through the above article, we hope to help you better understand the current cashew export market. The cashew export market is a field with great potential and promises to bring a stable source of income for cashew growers, as well as current cashew processing and exporting enterprises.