10 cashew nuts sold in the US, 9 from Vietnam
In 2020, the US will continue to increase imports of Vietnamese cashew nuts while reducing imports from some other countries. As a result, Vietnamese cashew nuts account for approximately 90% of the US market share.
According to the US International Trade Commission, the country's cashew imports in 2020 will reach 167.1 thousand tons, worth $ 1.08 billion.
In 2020, the US will continue to increase imports of cashew nuts from Vietnam. Import of US cashew nuts from Vietnam in 2020 reached 149.27 thousand tons, worth 963.13 million USD, up 12.5% in volume, but down 4.2% in value compared to 2019.
The US increased imports of cashew nuts from Vietnam, while decreased imports from Brazil, India and Indonesia. As a result, Vietnam cashew nuts continue to increase the proportion in the total amount of imported cashew nuts from the US. In 2019, the proportion of cashew nuts in Vietnam is 85.65%, and in 2020, it will increase to 89.3%. Meanwhile, other countries account for a very low proportion: Brazil 3.91%; Indonesia 2.36% ...
Or can be said, with Vietnam cashew nuts accounting for approximately 90% proportion, for every 10 cashew nuts sold in the US market, up to 9 seeds come from Vietnam.