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No shortage of raw cashew in 2016

Conference trade - crude trade cooperation Vietnam - Ivory Coast Light crop year 2016 took place in the city on Feb 24.

 Coton and Cashew Council and Ivory Coast said, Ivory Coast has begun a campaign to purchase raw cashew crop from Feb 12,2016 with expected output over 700,000 tons, up more than 100,000 tons from last year. The number of company had been licensed exporting activities is 105, compared with 2015 is 89.

This information shows that raw cashew importers in VN won't be afraid of lacking of goods as the Ivory Coast is the largest exporter of crude to the VN in the last year.

According to the Vietnam Cahsew Association, Vietnam imported 867,000 tons of raw cashew from 25 countries and territories in 2015. By which, Ivory Coast is a country that imports the most yields in Vietnam with 302,000 tons, accounting for 36% market share of raw cashew importation in Vietnam.

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To enhance the trade and commercial cooperation in raw cashew nut between the two countries, in last  time, the specialized agencies of Vietnam and the Ivory Coast have also made a number of collaborative content. Nguyen Duc Thanh, chairman VN Cashew Association said.

 

Sourse: Vinacas

 

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