HS Icon Cashew nuts, fresh or dried

080130 (Harmonized System 1992 for 6-digit)

World Trade (2019): $7.46B, Rnk 419 / 4648

Top Exporter (2019): $3.03B, Vietnam

Top Importer (2019): $1.66B, Vietnam

Product Complexity (2019): -3.12, Rnk 4822 / 4826

Export Growth (CAGR)(2018 - 2019): -12.9%, Rnk 3732 / 4648

Mean Tariff (2018): 0%, Rnk 6498 / 6538

Share of World Trade (2019): 0.041%, Rnk 419 / 4648

Overview:  This page contains the latest trade data of Cashew nuts, fresh or dried. In 2019, Cashew nuts, fresh or dried were the world's 419th most traded product, with a total trade of $7.46B. Between 2018 and 2019 the exports of Cashew nuts, fresh or dried decreased by -12.9%, from  $8.57B to $7.46B. Trade in Cashew nuts, fresh or dried represent 0.041% of total world trade.

Exports: In 2019 the top exporters of Cashew nuts, fresh or dried  were Vietnam ($3.03B), Cote d'Ivoire ($803M), India ($653M), Ghana ($363M), and Cambodia ($311M).

Imports: In 2019 the top importers of Cashew nuts, fresh or dried were Vietnam ($1.66B), United States ($1.17B), India ($986M), China ($487M), and Germany ($439M).

Tariffs: In 2018 the average tariff for Cashew nuts, fresh or dried was 0%, making it the 6498th lowest tariff using the HS6 product classification.

Ranking: Cashew nuts, fresh or dried ranks 4822nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Vietnam, $3.03B

Top Destination (2019): Vietnam, $1.66B

Cashew nuts, fresh or dried are the world's 419th most traded product.

In 2019, the top exporters of Cashew nuts, fresh or dried were Vietnam ($3.03B), Cote d'Ivoire ($803M), India ($653M), Ghana ($363M), and Cambodia ($311M).

In 2019, the top importers of Cashew nuts, fresh or dried were Vietnam ($1.66B), United States ($1.17B), India ($986M), China ($487M), and Germany ($439M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Indonesia, $37.2M

Top Destination Growth (2018 - 2019): China, $85.9M

Between 2018 and 2019, the exports of Cashew nuts, fresh or dried grew the fastest in Indonesia ($37.2M), Senegal ($26.9M), Belgium ($20.4M), Mozambique ($7.25M), and Cambodia ($7.06M).

Between 2018 and 2019, the fastest growing importers of Cashew nuts, fresh or dried were China ($85.9M), South Korea ($16.7M), Turkey ($15.5M), Jordan ($8.22M), and Spain ($6.59M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Cashew nuts, fresh or dried.

In 2019,  market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Cashew nuts, fresh or dried are explained by 10 countries.

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TOP NET EXPORTER (2019): Vietnam, $1.37B

TOP NET IMPORTER (2019): United States, $1.15B

This map shows which countries export or import more of Cashew nuts, fresh or dried. Each country is colored based on the difference in exports and imports of Cashew nuts, fresh or dried during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Cashew nuts, fresh or dried were Vietnam ($1.37B), Cote d'Ivoire ($803M), Ghana ($340M), Cambodia ($308M), and Nigeria ($246M).

In 2019, the countries that had a largest trade value in imports than in exports of Cashew nuts, fresh or dried were United States ($1.15B), China ($484M), India ($333M), Germany ($273M), and Netherlands ($238M).

Import Tariffs

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In 2018, the average tariff for importing Cashew nuts, fresh or dried was 0%.  The countries with the highest tariffs for importing Cashew nuts, fresh or dried were Sweden (0%), Austria (0%), and Finland (0%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.