Vietnam Cashew Nuts HS080132 Export Data 2025 Q1 Overview

Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export: Key Takeaways

Vietnam's cashew nuts export (HS Code 080132) in 2025 Q1 reveals a market split between premium and bulk buyers, with Iraq dominating in value due to high-grade demand while China leads in volume. Buyer concentration is moderate, with key markets like the U.S. and Europe showing stable but competitive bulk purchases. The data highlights a strategic opportunity to prioritize high-value destinations like Iraq while expanding in China’s growing market. This analysis is based on cleanly processed Customs data from the yTrade database for 2025 Q1.

Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export Background

Vietnam’s cashew nuts (HS Code 080132: fresh or dried, shelled) are a staple in global snack and food industries, with stable demand driven by health trends and versatile uses. As the world’s top exporter, Vietnam holds over 63% of the market, targeting $4.5 billion in 2025 exports [VietnamPlus]. In Q1 2025, China overtook the U.S. as the largest buyer, with shipments surging 23% in volume, while Turkey’s imports jumped 154% [VnCommEx]. With 0% export taxes and no licensing barriers, Vietnam’s cashew trade remains a key driver of its agricultural economy.

Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export: Trend Summary

Key Observations

Vietnam's export of Cashew nuts under HS Code 080132 in Q1 2025 totaled approximately $1.03 billion, demonstrating strong value performance that aligns with the country's annual export targets. This figure reflects robust activity in the first quarter, driven by seasonal harvest cycles and increased global demand.

Price and Volume Dynamics

The monthly value growth within Q1 2025 was significant, with a 36% increase from January to February and a 6.4% rise from February to March. This upward trend is typical for the cashew industry, as Q1 coincides with the main harvest season in Vietnam, leading to heightened export activity and supply availability. Although volume data is not specified, the value surge suggests efficient market positioning and possibly higher unit prices, consistent with industry cycles where new crop entries boost trade momentum.

External Context and Outlook

The growth in Vietnam Cashew nuts HS Code 080132 Export for 2025 Q1 is reinforced by favorable policies, including 0% export tax and VAT, which enhance competitiveness [Vietnam Export Data]. Additionally, surging demand from key markets like China, with a 43.21% year-on-year value increase in early 2025, has propelled exports (Vietnam Export Data). With Vietnam targeting $4.5 billion in annual cashew exports, the strong Q1 start positions the sector well for sustained growth, supported by strategic market expansions and stable trade conditions.

Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

For Vietnam Cashew nuts HS Code 080132 Export in 2025 Q1, the export market is entirely concentrated on shelled cashew nuts, with no sub-variations present. The single sub-code, described as shelled cashew nuts fresh or dried, accounts for all export value and quantity, indicating a highly specialized product focus. The unit price is approximately 7.86 USD per kilogram, reflecting a premium value good.

Value-Chain Structure and Grade Analysis

With no other sub-codes, the export structure is monolithic and centered solely on shelled cashew kernels. This lack of diversification implies a trade in standardized bulk commodities, where products are fungible and linked to global price indices, rather than being differentiated by grade or form within this code.

Strategic Implication and Pricing Power

Vietnam's complete dominance in shelled cashew exports under HS Code 080132 provides strong pricing power and economies of scale. According to [USDA], Vietnam is the global leader targeting $4.5 billion in exports for 2025, reinforcing a strategic emphasis on volume-driven market control rather than product diversification.

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Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q1, Vietnam's export of cashew nuts under HS Code 080132 is heavily concentrated in value terms, with Iraq emerging as the dominant importer due to its high value share of 18.42% despite a low quantity share of 1.30%. This disparity suggests Iraq purchases premium-grade cashews at significantly higher unit prices, while other major markets like the United States and China show lower value-to-quantity ratios, indicating bulk imports of standard-grade products.

Partner Countries Clusters and Underlying Causes

The importers can be grouped into three clusters based on trade patterns. First, Iraq stands alone with a high value disparity, likely driven by demand for top-quality cashews for direct consumption or niche markets. Second, the United States and China form a cluster with large quantity shares but lower value ratios, reflecting competitive, bulk purchases for mass distribution; China recently overtook the US as the top market, as noted by USDA. Third, European countries like the Netherlands, United Kingdom, and Germany show consistent imports with moderate disparities, possibly for re-export or processing within regional supply chains.

Forward Strategy and Supply Chain Implications

For Vietnam, the geographic patterns imply a need to prioritize high-value markets like Iraq to maximize returns, while capitalizing on growth in China, where exports are surging according to VietnamPlus. Supply chains should be optimized for quality differentiation and logistics efficiency, leveraging Vietnam's zero export tax policy to maintain competitiveness. Diversifying into emerging markets with similar premium potential could reduce reliance on bulk buyers and enhance overall export stability.

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Vietnam Cashew Nuts (HS 080132) 2025 Q1 Export: Action Plan for Cashew Nuts Market Expansion

Strategic Supply Chain Overview

Vietnam Cashew nuts Export 2025 Q1 under HS Code 080132 is a high-volume commodity trade. Price is driven by two factors. Quality grade determines premium pricing in markets like Iraq. Bulk volume contracts set baseline prices in major markets like China and the US. Supply chain implications are clear. Vietnam acts as the global processing hub for shelled kernels. This requires secure raw cashew sourcing and efficient export logistics to maintain competitive edge.

Action Plan: Data-Driven Steps for Cashew nuts Market Execution

• Segment buyers by order frequency and value using trade data. Focus retention efforts on high-frequency buyers contributing 71.92% of value. This protects core revenue streams.
• Analyze Iraq's import patterns for premium quality specifications. Develop quality certification protocols for cashew shipments. This maximizes returns from high-value markets.
• Monitor China's growing import volume through customs data. Allocate additional shipping capacity and storage for bulk shipments. This capitalizes on volume growth opportunities.
• Use geographic trade data to identify secondary markets with similar premium potential. Launch targeted marketing campaigns in these regions. This reduces over-reliance on top three import destinations.
• Track global cashew price indices and competitor export data. Adjust quarterly pricing strategies to maintain market share. This ensures competitiveness against other processing nations.

Final Note: Success in the Vietnam Cashew nuts Export 2025 Q1 market requires leveraging detailed trade intelligence. Traditional market analysis misses critical buyer patterns and quality differentiators. The above actions create a sustainable advantage for HS Code 080132 exports.

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Frequently Asked Questions

Q1. What is driving the recent changes in Vietnam Cashew nuts Export 2025 Q1?

The strong Q1 2025 growth is driven by seasonal harvest cycles, a 36% monthly value surge, and rising demand from key markets like China, which saw a 43.21% year-on-year increase. Vietnam’s 0% export tax policy further supports competitiveness.

Q2. Who are the main partner countries in this Vietnam Cashew nuts Export 2025 Q1?

Iraq dominates with an 18.42% value share, followed by the United States and China, which import bulk quantities at lower unit prices. China recently overtook the US as the top market by volume.

Q3. Why does the unit price differ across Vietnam Cashew nuts Export 2025 Q1 partner countries?

Iraq pays premium prices for high-quality shelled cashews, while the US and China focus on bulk purchases of standardized kernels. The monolithic product structure (only shelled cashews) means price differences stem from buyer preferences, not product grades.

Q4. What should exporters in Vietnam focus on in the current Cashew nuts export market?

Exporters should prioritize nurturing relationships with frequent, high-value buyers (71.92% of export value) while diversifying into premium markets like Iraq to reduce reliance on bulk purchasers.

Q5. What does this Vietnam Cashew nuts export pattern mean for buyers in partner countries?

Bulk buyers (e.g., US, China) benefit from stable supply and competitive pricing, while niche markets like Iraq secure premium quality. However, over-reliance on Vietnam’s concentrated exports poses risks if demand shifts.

Q6. How is Cashew nuts typically used in this trade flow?

Shelled cashew kernels (the sole exported form) are traded as standardized bulk commodities, primarily for direct consumption or mass distribution in global markets.

Detailed Monthly Report

Vietnam HS080132 Export Snapshot 2025 JAN

Vietnam HS080132 Export Snapshot 2025 FEB

Vietnam HS080132 Export Snapshot 2025 MAR