According to the Cashew Nut Association of Cambodia (CAC)’s report on Tuesday, Cambodia earned $1.15 billion from the exports of raw cashew nuts in 2024, a 31 percent year-on-year rise.
The report showed that the Southeast Asian country exported 815,000 tonnes of the commodity in 2024, representing a year-on-year increase of about 24 percent.
It said that about 793,453 tonnes, or 97.3 percent, of the commodity was sold to neighbouring Vietnam.
CAC President Uon Silot said Cambodia had become the world’s second-largest producer of raw cashew nuts, with a total production of 850,000 tonnes in 2024, up 26 percent year-on-year.
“The increase is a positive sign for the development of the cashew nut industry,” he said, adding that the price was also good in 2024.
Cashew is among the country’s potential cash crops, along with rice, rubber, cassava, palm oil, bananas, mangoes, longans, and pepper.
According to the CAC, the kingdom has approximately 700,000 hectares of cashew plantations in roughly 10 provinces. Xinhua
