Vietnamese cashew makes up overwhelming market share in Netherlands
VOV.VN - The market share of Vietnamese cashew nuts as part of total Dutch imports accounted for 82.29% during the opening seven months of the year during the seven months of last year, according to Eurostat, the statistical office of the EU.
They Netherlands imported 35,400 tonnes of cashew nuts worth US$238.52 million during the seven-month period, representing a rise of 2.1% in volume, despite being a drop of 9.4% in value over the same period from last year.
The EU nation also moved to increase its cashew nut imports from both Vietnam and the Ivory Coast, although it reduced imports from India and Brazil in the reviewed period.
Of the figure, the Netherlands imported 29,130 tonnes of cashew nuts worth US$193.83 million from Vietnam, marking an increase of 8.0% in volume, but down 3.1% in value against the same period from last year.
Statistics compiled by the General Department of Vietnam Customs revealed that the Netherlands marks the third largest consumer of Vietnamese cashew nuts with 53,072 tonnes worth US$291 million throughout the reviewed period, marking a rise of 15.2% in volume but a decline of 2.9% in value compared to last year's corresponding period.