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Cashew nuts: top exporters and importers (2024)

In 2024, world trade in cashew nuts totaled $7.9 billion (3.6 million tonnes). The top exporters were Vietnam (38%), Côte d'Ivoire (16%) and Tanzania (8%); the top importers were Vietnam (24%), India (20%) and the United States (14%). Compared with 2019, the value rose 7%.

Summary

World trade
$7.9billion
Tonnes
3.6million tonnes
Price per tonne
$2,177
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Vietnam$3 billion · 37.6%
    see destinations
  2. Côte d'Ivoire$1.2 billion · 15.6%
  3. Tanzania$640 million · 8.1%
  4. Cambodia$512 million · 6.5%
  5. India$358 million · 4.5%
  6. Nigeria$306 million · 3.9%
  7. Togo$223 million · 2.8%
  8. Ghana$204 million · 2.6%
  9. Guinea-Bissau$202 million · 2.6%
  10. Burkina Faso$148 million · 1.9%
  11. Netherlands$134 million · 1.7%
    re-exports
  12. Mozambique$133 million · 1.7%
  13. Indonesia$126 million · 1.6%
  14. Germany$120 million · 1.5%
  15. Senegal$113 million · 1.4%
  16. Guinea$98 million · 1.2%
  17. Benin$83 million · 1.1%
  18. Brazil$46 million · 0.58%
  19. Turkey$43 million · 0.54%
  20. Myanmar$31 million · 0.39%

Top importers

  1. Vietnam$1.9 billion · 24.4%
    see sources
  2. India$1.6 billion · 20.1%
    see sources
  3. United States$1.1 billion · 13.6%
  4. Germany$426 million · 5.4%
  5. Netherlands$355 million · 4.5%
    re-exports
  6. China$241 million · 3%
  7. Turkey$168 million · 2.1%
  8. United Kingdom$146 million · 1.8%
  9. United Arab Emirates$145 million · 1.8%
  10. France$139 million · 1.8%
  11. Spain$131 million · 1.7%
  12. Saudi Arabia$118 million · 1.5%
  13. Australia$101 million · 1.3%
  14. Italy$88 million · 1.1%
  15. Canada$87 million · 1.1%
  16. Poland$87 million · 1.1%
  17. Thailand$81 million · 1%
  18. Japan$80 million · 1%
  19. Israel$49 million · 0.61%
  20. Singapore$43 million · 0.54%
    re-exports

Trend

Who sells it

Vietnam has been the top exporter since 2008

Value in USD billions. The five largest exporters in 2024.

  • Vietnam 3
  • Côte d'Ivoire 1.2
  • Tanzania 0.64
  • Cambodia 0.51
  • India 0.36

Source: CEPII BACI

Show the numbers
Country19952024
Vietnam0.033
Côte d'Ivoire0.021.2
Tanzania0.080.64
Cambodia< 0.010.51
India0.480.36

Price

Implied price

The price per tonne fell 64% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $2,177

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$6,102
1996$2,397
1997$2,258
1998$2,365
1999$2,385
2000$2,523
2001$2,138
2002$1,734
2003$1,725
2004$2,076
2005$2,330
2006$2,078
2007$2,017
2008$2,565
2009$2,409
2010$2,715
2011$3,239
2012$2,759
2013$2,209
2014$2,390
2015$2,412
2016$2,917
2017$3,501
2018$4,085
2019$2,602
2020$2,408
2021$2,456
2022$2,445
2023$2,103
2024$2,177

What it includes

  • 080130 · subheading of heading 0801: Coconuts, Brazil nuts and cashews

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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