In June 2025, Vietnam exported 10,320 tons of cashew nuts to the US, valued at $68.56 million. Over the first six months of this year, Vietnam exported 70,070 tons to the US, earning $475.5 million—representing a sharp decline of 25.2% in volume and 6.2% in value compared to the same period last year.
Notably, for the first time in many years, China has overtaken the US to become Vietnam’s largest cashew export market.
Specifically, the share of cashew exports to China rose from 18.51% in the first half of last year to 24.12% in the same period this year. In contrast, the share to the US dropped from 26.27% to 20.33%.
According to the Import-Export Department (Ministry of Industry and Trade), Vietnamese businesses should maximize opportunities in China and other Asian markets, while working to regain market share in the US by improving product quality, offering competitive prices, and enhancing brand communication.
Currently, the US is increasing imports of processed cashew products, reflecting growing consumer demand for convenient, high-quality goods. Moreover, the country is diversifying its supply sources, gradually reducing dependence on Asian markets.
At the same time, it is essential to strengthen quality control and traceability to meet the standards of markets such as Japan and Europe.
To achieve the export target of $4.5 billion in 2025, the Ministry of Agriculture and Environment notes that exports to the EU have also grown well in recent years, making it Vietnam’s third-largest cashew export market after China and the US.
EU consumers tend to buy more processed nut products. Therefore, if the cashew industry can ensure food safety, traceability, and compliance with regulations that protect natural forest areas, it could increase its market share in the EU and offset the decline in exports to the US.
By Tâm An – Source: VietnamNet
