The cashew nut market in Germany, one of the largest consumers in the European Union (EU), is offering promising prospects for Vietnamese exporters in 2024. Despite experiencing a slight decrease in cashew nut imports from Vietnam in 2021 due to the impact of Covid-19, Vietnam’s market share has continued to rise to 62.46% of Germany’s total cashew nut imports. This demonstrates the stability and reliability of Vietnam’s cashew nut supply in the German market.
Vietnam maintains its position as a leading cashew nut supplier to the German market due to its commitment to quality and sustainability in production. Particularly, advantages from the EU-Vietnam Free Trade Agreement (EVFTA) have created more favorable conditions for Vietnamese cashew nut exports to Germany, thereby opening up significant opportunities for Vietnamese agricultural exporters.
The demand for cashew nuts in Germany is expected to continue increasing, especially in the food production and processing industries. This presents new opportunities for Vietnamese cashew nut exporters while contributing to the development of Vietnam’s cashew nut industry internationally.
Visimex, with over 20 years of experience in organic agriculture in Vietnam, is one of the leading companies in agricultural product exports. Visimex’s commitment to quality and sustainability is affirmed through providing high-quality cashew nut products that meet the demands of the German market and other markets worldwide. This aligns with the consumer trends in Germany, which increasingly seek natural and health-beneficial products.
In the future, collaboration between Vietnamese cashew nut exporters like Visimex and the German market promises to create new opportunities and significant benefits for both parties, contributing to the sustainable development of Vietnam’s cashew nut industry.
