Vietnam Cashew Market Outlook – Sept 2025 

  • Exports H1 2025: 346,800 t, worth US $2.36B (−2.7% volume, +20.4% value).

  • Target 2025: US $4.5B exports → needs US $2.2B in H2.

  • Prices: Avg export price ~US $6,805/t, up 24% YoY (multi-year highs).

  • Markets:

    • China overtook U.S. as Vietnam’s top buyer (24% share).

    • U.S. and EU follow, with EU demand growing steadily.

  • Raw Nuts: Prices eased to US $1,350–1,450/t, but import costs surged (over 1.3M t in 5 months, US $2.1B).

  • Strategy: Diversify into UAE, Saudi, EU; maintain dominance (Vietnam holds ~80% global cashew kernel exports).

  • Industry Outlook: Global market growing ~4.6% annually; major event “Golden Cashew Rendezvous” set for Oct 2025 in Hanoi.