In the first five months of 2025, China has overtaken the US to become the largest importer of Vietnamese cashew kernels. From January to May, Vietnam exported 294,253 MT, slightly higher than the same period in 2024, driven by strong performance in April and May.

📌 Key Highlights:

✔ High raw cashew nut (RCN) prices from Africa

✔ Strong resistance from Vietnamese processors

✔ Declining RCN quality due to late-season rains in West Africa

✔ Rising demand from China

 On the other hand, demand from the US has slowed due to the 10% import tariff and ongoing political uncertainty. Still, any rebound in US buying activity could boost market momentum in the coming months.

🔎 Quick Summary:

The cashew market is currently stable but tight. While US demand softens, China and the Middle East are holding up global momentum. Now is a crucial time to closely monitor trade policies and demand shifts.

👉 For inquiries please contact our team:
📩 Mr. Thanh – thanh@namagro.com
📩 Mr. Hoang – hoang@namagro.com
📩 Mr. Jasvinder – jasvinder@namagro.com