Cashew nuts are one of the exports which have created a large market for Vietnam, however, the industry faces the risk of trade deficit due to higher raw material prices.
In recent years, Vietnam's turnover from cashew nut exports has consistently held the top position in the world, with an annual value of approximately 3 billion USD.
The cashew industry should focus on markets in which Vietnam had signed trade deals to take advantage of preferential tariffs and expand exports as inflation had pushed...
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