Cashew export


In 6/2015, branch of Vietnam continues to receive good sign in the export.

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Output and value has increased sharply over the same period in 2014. Accordingly, the cashew kernel nut export volume reached 33,574 tons in 6/2015 worth of 250.65 million USD.  In six months of 2015, the volume of cashew exports totaled 150 thousand tons with $ 1.08 billion, up 14% in volume and 27.13% in value compared with the same period of 2014.

Individual export prices on average 5 months 2015 $ 7,080 / ton, up 11.64% over the same period in 2014.

USA, China and the Netherlands are maintained three biggest export market of Vietnam, accounting for 39.98%, respectively, 13.12% and 10.89% of total export value. Cashew exports to the US reached 395.42 million, an increase of 49% over the same period; exports to China reached 132.65 million, a slight decrease of 4.38%; Netherlands 126.82 million, up 34.37%.

In terms of export growth cashews 6 months of this year, will see the most growth in the market in turnover compared to the same period last year; which increased over 100% in markets such as India (+ 705%), Pakistan (+ 459%), Germany (+ 110%), Belgium (+ 104.58%).

Vietnam cashew export of continually  9 years are ranked first in the world. However, this sector still exist many problems such as lack of raw materials; the number of firms involved in exporting too much leads to unfair competition, product quality uneven export and damaging for the whole industry ...

With this fact, Vietnam Cashew Association (Vinacas) has proposed MARD consider and adopt guidelines established support fund joint production and export conditions. Accordingly, the Fund was established with the revenues from four sources: the State's support, the first attack on the export revenues of all businesses that export processing, funding and other revenue sources.

Fund Executive Board will have separate management and regulation as prescribed by law. About 50% of funds of funds used to support the proposal for intensive rehabilitation programs and research orchard varieties, farmers support it; the rest spent on research to improve the process technology, manufacturing equipment and processing conditions, improve product quality and food safety in the processing, trade promotion and market development domestic.

According to Vinacas, 2015, MARD will assist the Association about 1 billion funding for extension projects renovated garden compound in 2015-2016 (VINACAS proposal is 100 points). Currently, this amount has not been disbursed for project implementation.

In the meantime, Vinacas has hired independent experts assessed the results of the extension projects Society initiative in 2014 and the rapid deployment of 100 point improvement coupled with a capital of 1 billion from the budget of the year today.

The source: Vinacas


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