China- The important market of Vietnam

It is the key export items of Vietnam with exports always strong growth is expected in 2015 the export could reach $ 2.5 billion.

Vietnam Cashew is one of the few agricultural products of Vietnam are exported to many markets as possible. In 2014, there were 88 countries and territories of nuclear import of Vietnam, the largest of which is the North American market, Europe, China, ... demand, market cashew consumption forecast will increasingly expand.

In agricultural exports, the market strategy has always played a very important role. If the Indian domestic market and that the Middle East is the strategic market, Brazil, Vietnam American market with China is an important market.

With terrestrial borderline Vietnam - China long 1,400 km junction between 7 provinces (Dien Bien, Lai Chau, Lao Cai, Ha Giang, Cao Bang, Lang Son and Quang Ninh) of Vietnam and Yunnan Province and Guangxi of China, trade between Vietnam and China is very convenient, especially cashews.

In 1992, that is only a year after the opening of the borders Vietnam - China, Vietnam Cashew market was at most populous planet. Today, China is an export market it the 2nd largest of Vietnam.

2014 had 53.21 thousand tonnes of cashew Vietnam exported through China market value reached 323 million, accounting for 17% market share of cashew nuts exported from Vietnam. Earlier, China had the year up 25% share of exports of Vietnam.

The source: Vinacas


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