If the current momentum is maintained and exports are boosted in the remaining peak months, particularly during the festive season, the 4.5 billion USD goal is within reach, said the Ministry of Agriculture and Environment.

In just seven months, China has become Vietnam’s top cashew market, driving record export growth.

Vietnamese businesses import nearly 1.9 million tons of cashew nuts, with Cambodia contributing almost half the supply.

For the first time, China has overtaken the US as Vietnam’s top buyer of cashew nuts, spending $526 million in the first half of 2025 alone.

Vietnam is aiming to export cashews worth 4.5 billion USD in 2025, up 2.7% year-on-year, according to the Ministry of Agriculture and Environment. To hit this target, the sector must generate around 2.2 billion USD in the second half.

Vietnam's cashew industry slips into trade deficit as imports - especially from Cambodia - skyrocket in early 2025.

Cambodia has rapidly risen to become the world’s second-largest raw cashew producer, with Vietnam purchasing nearly 820,000 tons in 2024. This strategic import ensures Vietnam maintains its global dominance in cashew processing and exports.

Without the price surges seen in coffee or rice, Vietnam’s cashew sector quietly achieved a historic milestone, reaching $4.34 billion in exports and reaffirming its global leadership.

The US has made a historic $1.2 billion investment in importing Vietnamese cashews, solidifying Vietnam's position as the world’s leading cashew supplier.

Despite shifting market dynamics and stringent trade policies, Vietnam’s position as a leading supplier of cashews to the UK remains strong.

Cashew nut imports reached more than 2.3 million tons worth more than US$2.89 billion over the past ten months of the year, down 8.5% in volume and 1.1% in value compared to the same period from last year.

Decree 15, which aims to ensure the food safety of imported food products, creates problems for the cashew industry, particularly for companies importing raw cashew from Africa, a seminar heard in Bình Dương Province on Monday.

Cashew nuts are one of the exports which have created a large market for Vietnam, however, the industry faces the risk of trade deficit due to higher raw material prices.

Vietnam was the largest importer of cashew nuts from Cambodia with import volume reaching 786,530 tonnes worth roughly US$1 billion, accounting for nearly 95% of Cambodia's raw cashew output during the seven-month period.

The escalating cost of cashew imports, which has reached $2.3 billion this year, highlights a troubling trend in Vietnam's agriculture as cashew orchards give way to durian plantations.

Cambodian cashew nuts account for 55.5% of Vietnam's total import turnover in the first half of this year.

One cashew tree can absorb 400 kilograms of carbon, while one hectare of cashew low-carbon growing area can bring $400 from carbon credit sales.

The cashew industry is at risk of disruption since raw nut exporters in West Africa are not fulfilling their contracts with local firms, according to the Việt Nam Cashew Association (Vinacas).

As of April 15, Vietnam had exported 183,300 tons of cashew nuts worth $984.6 million, while it had spent $1.04 billion to import 834,000 tons of raw nuts. The trade deficit connected to the product has returned.