Vietnam: Declining Production, Rising Imports
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Production Drop: Domestic raw cashew nut (RCN) output is down 10 –15 %, mainly due to unseasonal rains, flowering delays, and temperature extremes.
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Farmer Shift: Farmers are switching to more profitable crops like durian, shrinking cashew cultivation.
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Response:
Increased imports from Cambodia, Indonesia, and Africa.
Tech-based farming upgrades, R&D, and direct farmer-processor links.
Push for value-added kernel exports to markets beyond the US.
Cambodia: Strong Supplier to Vietnam
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High Output: Production reached up to 850,000 tonnes in 2024, driven by new nut varieties like M23.
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Key Role: Supplies over 90% of its cashews to Vietnam, strengthening its role in global supply chains.