Meanwhile, cashew nut exports to the US in June 2025 reached 10,320 tons, worth 68.56 million USD. In the first 6 months of this year, Vietnam exported 70,070 tons of cashew nuts to the US market, earning 475.5 million USD, down sharply by 25.2% in volume and 6.2% in value compared to the same period last year.
Notably, for the first time in many years, China surpassed the US to become Vietnam's largest cashew consumer market.
Specifically, in the export market structure, the proportion of cashew nut exports to the Chinese market increased from 18.51% in the first half of last year to 24.12% in the first half of this year. In contrast, the proportion of exports of this item to the US decreased from 26.27% to 20.33% in the same period.
According to the Import-Export Department (Ministry of Industry and Trade), in the coming time, Vietnamese enterprises need to take full advantage of opportunities in the Chinese market and other Asian countries, while restoring market share in the US by improving quality, competitive prices and brand communication.
The US is currently increasing its imports of processed cashew products, reflecting rising consumer demand for convenient, high-quality products. Furthermore, the country is diversifying its supply sources, gradually reducing its dependence on Asian markets.
At the same time, it is necessary to strengthen quality control and traceability to meet the standards of Japanese and European markets.
To achieve the target of cashew nut export turnover of 4.5 billion USD in 2025, the Ministry of Agriculture and Environment said that cashew nut exports to the EU market have also grown well in recent years, the third largest export market after China and the US.
EU consumers tend to increase their purchases of processed nut products. Therefore, if the cashew industry does well in food safety, traceability and regulations that do not affect natural forest areas, it can increase its export market share in this market, partially offsetting the decline in export volume in the US market.
Tam An
Source: VietnamNet