Cashew exports to US declined from FY14 to FY18 as Vietnam stole the show

Exports to the UAE, Japan and Saudi Arabia have seen growth, both in terms of volume and value

The country’s exports of cashew kernels to the US has declined from 33,898 metric tonnes (MT) at Rs 15.05 billion in 2013-14 to 13,179 MT at Rs 9.06 billion in 2017-18. 

During 2013-14, the US was the largest destination for cashew kernels exporters from India. The decline has also been evident in European countries and in other traditional strongholds, with competitors like Vietnam offering the same quality products at a lower rate. 

The Cashew Export Promotion Council of India (CEPCI) has said that it is looking at marketing strategies to recapture the lost share in these traditional markets.

Exports of cashew kernels to