From April to October 2025, Vietnam’s cashew imports into China increased significantly month by month, with growth rates ranging from 45% to 137% compared to the same period last year.
Data from the Ministry of Agriculture and Environment shows that cashew nut exports in 11 months of 2025 are estimated to reach 698,100 tons, a 4% increase in volume and a 19.5% increase in value compared to the same period last year.
The average export price of cashew nuts for the first 11 months of 2025 is about 6,816 USD/ton, an increase of 14.9% compared to the same period last year. This helped export value increase significantly while production only increased slightly.
Vietnamese cashews have a strong appeal to the Chinese market.
China, the US, and the Netherlands remain Vietnam’s three largest cashew nut consuming markets, with respective shares of 21.3%, 18.9%, and 9.6%. However, growth rates are different among markets. Exports to China increased sharply by 53.7% in 10 months, while those to the Netherlands rose by 20.7% and those to the US decreased by 17%.
Since April, China has surpassed the United States to become Vietnam’s largest cashew import market. There are two reasons for this development. First, Vietnamese businesses must find new markets as exports to the US face difficulties. Second, Chinese consumers want to replace high-priced imported nuts from the US.
Due to the impact of tariffs, many nuts, such as almonds or walnuts, imported from the US to China have seen their prices increase by 3-4 times. This forces businesses and distributors to seek more affordable alternatives. Vietnamese cashews, which have a stable position in the regional supply chain and a geographical advantage, quickly become an option.
From April 2025 to October 2025, Chinese businesses imported Vietnamese cashews in large quantities, increasing by 45-137% compared to the same period last year.
Specifically, in the first 10 months of 2025, China imported 128,649 tons of cashews from Vietnam, worth 813.1 million USD. This outstanding growth trend shows that Vietnamese cashews are strengthening their position in this market and will continue to be one of Vietnam’s prominent agricultural export products in 2025.
Experts believe there is significant demand for cashews in China, especially with the rapid expansion of the middle class and the increasing popularity of healthy food. However, much dependence on fluctuating tax policies among major economies also poses a challenge for Vietnam’s cashew industry to enhance product quality, diversify markets, and deepen processing chains to maintain its competitive advantage.