Cambodia exported 667,000 tonnes of raw cashew nuts to Việt Nam in the first five months of this year, an increase of 37 per cent over the same period last year, reaching a revenue of $851 million.
The Voice of Việt Nam (VOV) online newspaper quoted the chairman of the Cashew Nut Association of Cambodia, Uon Silot, as saying that although hot weather affected cashew output, the volumes of raw cashew exports still showed positive signs.
He said the country produced 716,000 tonnes of raw cashew nuts in the first five months of 2024.
The chairman attributed the growth in raw cashew nut exports to Việt Nam to the significant increase in cultivation space in Cambodia. This, combined with the decline in nut output in Africa due to climate change, has led to a positive trajectory for the industry.
Although some extreme temperatures had recently affected Cambodia’s cashew trees, they did not have much impact on cashew production as the association members were proactive in technology, he said.
The Cashew Nut Association of Cambodia is strategically planning to reduce the amount of raw cashew nut exports by 70 percent over the next ten years. This forward-thinking approach is aimed at ensuring the long-term sustainability of the industry. Currently, up to 90 percent of Cambodia’s nuts are exported, especially to Việt Nam. VNS
