Do you know the top ten countries that export cashew? Do you desire to know the top ten countries that export cashew? I am showing you the top ten exporters of cashew worldwide today.
Do you know the price of cashew in the global market today? The cost of raw cashew nuts is $1.01-$1.28/kg. The major cashew exporting countries is what am looking at today in this article. This information will guide cashew exporters in their decision-making.
I have written other articles related to cashew to help you. Some of such articles on this blog are How to Profit from Cashew Processing in Nigeria and Worldwide, 10 reasons Why Cashew nuts are so Expensive, A STEP-BY-STEP GUIDE TO STARTING CASHEW FARMING IN NIGERIA, CASHEW AND CASHEW NUT EXPORTERS IN NIGERIA, among others.
The number one cashew exporting country in the world is Vietnam (66.46%). India is the number two largest exporter of cashew globally (9.28%). India follows Vietnam from a long distance. The Netherlands is the number 3 cashew exporter worldwide (6.07%). Germany is the number four cashew exporter worldwide (4.59%).
Ivory Coast exports 2.59% of cashew.
Brazil from South America exports 2.07% of cashew. Mozambique, a Southern African country exports 1.19%. Indonesia exports 1.04% of cashew exports globally. Nigeria is number 10 with 0.69% export.
The medicinal and health benefits of cashew make it desirable in advanced countries that have the purchasing power to buy this edible snack. Most people in developing countries eat cashew raw and throw the raw cashew nut away. The processed cashew nut has more nutrients than the cashew flesh. This is the main reason why cashew is desirable in the developed world.
The global demand for cashew today is higher than the supply. This phenomenon makes cashew expensive. More farmers and harvesters together with more exporters are needed to fill the demand and supply gap with respect to raw cashew nuts
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