In 2023, the global trade of cashew nuts reached approximately US$6.64 billion, maintaining a steady level compared to 2019's figure of $6.65 billion, reflecting a slight average decline of 0.1% over the past five years.

On a year-to-year basis, the total revenue from global cashew exports increased by 6.9% from $6.22 billion in 2022, indicating renewed demand for this popular tree nut.

Highly favored as a snack and valued for their rich, buttery flavor, cashews are harvested from the fruit of tall tropical evergreen trees that can grow up to 14 meters (46 feet). In addition to being enjoyed on their own, cashews are also used to produce cashew oil for cooking and salad dressings, as well as cashew butter.

In 2023, the top five cashew-exporting nations—Vietnam, Ivory Coast, India, Cambodia, and Nigeria—collectively accounted for 71.9% of global cashew shipments by value.

From a continental lens, Asia emerged as the dominant exporter, contributing cashew exports valued at $3.35 billion or 50.4% of the worldwide total. Africa followed with 39.2%, ahead of Europe (9%), Latin America excluding Mexico but including the Caribbean (1%), North America (0.3%), and Oceania (0.002%), primarily from Australia.

On the import side, the leading cashew importers in 2023 were Vietnam, India, the United States, Germany, and the Netherlands. These five countries together made up 66.8% of the global import value for cashews.

This contrast—110 cashew-exporting countries versus over 180 importing regions—suggests a higher concentration among exporters than importers.

By continent, Asia was the largest regional consumer of imported cashews, accounting for 57.9% of total imports, followed by Europe (24.4%), North America (14.5%), Oceania (1.7%), Africa (1.1%), and Latin America (0.4%).

Top Cashews Exports by Company in 2024

According to Tendata Trade Data Platform, here are the top 10 exporters of cashew nuts in 2024:

1.SOCIETE COOPERATIVE SIMPLIFIEE DES ACTEURS AGRICOL(8.07%, $676.87 Million)

2.CÔNG TY TNHH CHẾ BIẾN THỰC PHẨM OLAM VIỆT NAM(3.87%, $324.84 Million)

3.CHI NHÁNH CÔNG TY TRÁCH NHIỆM HỮU HẠN OLAM VIỆT NAM TẠI KHU CÔNG NGHIỆP BIÊN HÒA II(3.38%, $283.19 Million)

4.CHI NHÁNH CÔNG TY TNHH OLAM VIỆT NAM TẠI QUY NHƠN(1.93%, $161.6 Million)

5.SUMBER BERKAH TRADING(1.71%, $143.1 Million)

6.CÔNG TY CỔ PHẦN HOÀNG SƠN I(1.6%, $133.93 Million)

7.OLAM IVOIRE(1.54%, $129.4 Million)

8.CÔNG TY CỔ PHẦN LONG SƠN(1.35%, $112.94 Million)

9.CÔNG TY TNHH HẢI VIỆT(1.2%, $100.42 Million)

10.VALENCY INTERNATIONAL TRADING(1.07%, $89.44 Million)

>>Get Full Report from Tendata<<

Top Cashews Imports by Company in 2024

According to Tendata Trade Data Platform, here are the top 10 importers of cashews in 2024:

1.CHI NHÁNH CÔNG TY TRÁCH NHIỆM HỮU HẠN OLAM VIỆT NAM TẠI KHU CÔNG NGHIỆP BIÊN HÒA II(4.06%, $283.72 Million)

2.CÔNG TY TNHH CHẾ BIẾN THỰC PHẨM OLAM VIỆT NAM(3.66%, $255.51 Million)

3.CHI NHÁNH CÔNG TY TNHH OLAM VIỆT NAM TẠI QUY NHƠN(2.4%, $167.87 Million)

4.SOUTH KERALA CASHEW EXPORTERS(1.9%, $132.48 Million)

5.CÔNG TY CỔ PHẦN HOÀNG SƠN I(1.76%, $123.14 Million)

6.BOLAS AGRO PRIVATE LIMITED(1.59%, $110.84 Million)

7.CÔNG TY TNHH XUẤT NHẬP KHẨU NÔNG SẢN MINH LOAN(1.28%, $89.44 Million)

8.CÔNG TY TNHH MỘT THÀNH VIÊN NÔNG SẢN QUỲNH TRUNG(1.24%, $86.3 Million)

9.CÔNG TY CỔ PHẦN LONG SƠN(1.13%, $78.7 Million)

10.JAYALAXMI ENTERPRISES(1.1%, $77.1 Million)

>> Get A Free Demo from Tendata <<

Top 20 Cashew Exporting Countries in 2023

The following countries led the world in cashew exports by monetary value in 2023, including both shelled and in-shell varieties:

1.Vietnam: $2.5 billion (37.6%)

2.Ivory Coast: $1.2 billion (18.8%)

3.India: $356.6 million (5.4%)

4.Cambodia: $347.9 million (5.2%)

5.Nigeria: $327.5 million (4.9%)

6.Netherlands: $294.1 million (4.4%)

7.Ghana: $256.6 million (3.9%)

8.Tanzania: $219.8 million (3.3%)

9.Germany: $210.8 million (3.2%)

10.Burkina Faso: $119.5 million (1.8%)

11.Benin: $112 million (1.7%)

12.Senegal: $87.6 million (1.3%)

13.Mozambique: $77.7 million (1.2%)

14.Guinea: $73.3 million (1.1%)

15.Brazil: $68.6 million (1%)

16.Guinea-Bissau: $68.5 million (1%)

17.Indonesia: $54.8 million (0.8%)

18.Türkiye: $24.6 million (0.4%)

19.United Arab Emirates: $22 million (0.3%)

20.Belgium: $20.6 million (0.3%)

Together, these 20 countries were responsible for 97.6% of total global cashew exports in 2023.

Notable increases were recorded by:

·Cambodia (+2,663%)

·Benin (+265.7%)

·Nigeria (+58.5%)

·Germany (+37.3%)

Countries with significant declines included:

·UAE (−86%)

·Guinea-Bissau (−66.8%)

·Guinea (−26.5%)

·Senegal (−21.4%)

·Burkina Faso (−17.1%)

Top 20 Cashew Importing Countries in 2023

In total, global spending on imported cashews in 2023 was $6.46 billion, reflecting a 22.9% decrease from $8.4 billion in 2022, yet still 26.3% higher than the $7.2 billion spent in 2019.

Here are the leading import markets by total cashew import value in 2023:

1.Vietnam: $1.39 billion (21.5%)

2.India: $1.36 billion (21%)

3.United States: $843.7 million (13.1%)

4.Germany: $426.6 million (6.6%)

5.Netherlands: $301.4 million (4.7%)

6.China (mainland): $256 million (4%)

7.UAE: $158 million (2.4%)

8.United Kingdom: $142.8 million (2.2%)

9.Türkiye: $130.1 million (2%)

10.France: $121.4 million (1.9%)

11.Spain: $103.4 million (1.6%)

12.Australia: $91.2 million (1.4%)

13.Japan: $90.3 million (1.4%)

14.Canada: $88.1 million (1.4%)

15.Italy: $78.9 million (1.2%)

16.Thailand: $74.3 million (1.1%)

17.Poland: $63 million (1%)

18.Belgium: $46.9 million (0.7%)

19.Israel: $38.1 million (0.6%)

20.Saudi Arabia: $34.5 million (0.5%)

These 20 countries accounted for 90.3% of global cashew imports by value in 2023.

Among them, the fastest-growing importers compared to 2022 were:

·Türkiye (+73.1%)

·Belgium (+16.8%)

·Thailand (+13.2%)

·Spain (+11.7%)

·Japan (+9.2%)

Meanwhile, several countries posted steep declines in cashew imports:

·Saudi Arabia (−63.3%)

·Vietnam (−41.3%)

·India (−28.7%)

·Israel (−27.4%)

·UAE (−18.9%)

·USA (−13.2%)

·Canada (−10.8%)

Tendata provides 850 million+ contact information for 500 million companies in 228+ countries around the world, including phone number, email, LinkedIn, Facebook, Instagram, Twitter, Youtube and other contact information. These contact information are verified to ensure that you can contact customers.

In addition, Tendata also provides basic information about companies, including branches, equity relationships, main products, business relationships, news and public opinion, intellectual property rights, etc. You can use this information to conduct background checks on companies.

Tendata also provides import or export analysis of companies, including trade trends, product HS codes, supply chain information, country of origin or country of supplier, ports, etc. You can track the latest developments of companies and find out if they have the latest needs.

We show you Tendata's corporate information cases: >>Request for Free Demo