{"id":14913,"date":"2021-02-18T20:14:44","date_gmt":"2021-02-18T13:14:44","guid":{"rendered":"https:\/\/kimmyfarm.com\/rising-shipping-costs-impact-on-vietnam-cashew-exports"},"modified":"2021-10-18T16:08:53","modified_gmt":"2021-10-18T09:08:53","slug":"rising-shipping-costs-impact-on-vietnam-cashew-exports","status":"publish","type":"post","link":"https:\/\/kimmyfarm.com\/en\/rising-shipping-costs-impact-on-vietnam-cashew-exports","title":{"rendered":"Rising Shipping Costs Impact On Vietnam Cashew Exports"},"content":{"rendered":"<h2>Vietnam Cashew Exports Quiet at the beginning of the Year<\/h2>\n<p>In the first months of 2021, the <strong>cashew nut<\/strong> export in Vietnam is quite quiet. In addition, the Vietnam <strong>Cashew Association (VINACAS)<\/strong> added: \u201cThe market is quiet, since many international customers still have large inventories, so there is no need to buy more goods in the short term. With the lack of container shells making shipping rates soaring, it is difficult for the cashew industry in Vietnam \u201d<\/p>\n<p><strong>The sluggish market at the beginning of this year was due to:<\/strong><\/p>\n<ul>\n<li>The container crisis is taking place seriously<\/li>\n<li><a href=\"https:\/\/kimmyfarm.com\/en\/what-time-of-year-is-vietnam-cashew-harvest-season\"><strong>Cashew harvest season<\/strong> <\/a>in countries: <em>Brazil, Mozambique, Tanzania, Kenya&#8230;<\/em> until the end of February will end.<\/li>\n<li><a href=\"https:\/\/kimmyfarm.com\/en\/vietnam-cashew-nuts\"><strong>Cashew nut<\/strong><\/a> inventory in the cashew harvesting countries is still abundant<\/li>\n<\/ul>\n<div id=\"attachment_14680\" style=\"width: 669px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-14680\" class=\"wp-image-14681 size-full\" src=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/01\/drying-the-raw-cashew-nut.jpg\" alt=\"Vi\u1ec7t Nam \u0111ang b\u01b0\u1edbc v\u00e0o m\u00f9a thu ho\u1ea1ch h\u1ea1t \u0111i\u1ec1u \" width=\"659\" height=\"439\" srcset=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/01\/drying-the-raw-cashew-nut.jpg 659w, https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/01\/drying-the-raw-cashew-nut-150x100.jpg 150w\" sizes=\"(max-width: 659px) 100vw, 659px\" \/><p id=\"caption-attachment-14680\" class=\"wp-caption-text\">Vi\u1ec7t Nam \u0111ang b\u01b0\u1edbc v\u00e0o m\u00f9a thu ho\u1ea1ch h\u1ea1t \u0111i\u1ec1u, tuy nhi\u00ean th\u1ecb tr\u01b0\u1eddng xu\u1ea5t kh\u1ea9u kh\u00e1 tr\u1ea7m l\u1eafng v\u00e0o \u0111\u1ea7u n\u0103m<\/p><\/div>\n<h2>Lack of Container Increases Shipping Costs<\/h2>\n<p>Due to the increasingly complicated situation of Covid 19, this has seriously affected the international flow of goods and transport, leading to the shortage of container shells, thereby increasing shipping rates in the export of goods in Vietnam. Currently, because the epidemic is rampant in European countries and especially in the US, 1 container is imported from Asia for every 3 containers, thereby causing a<strong> lack of container shells<\/strong>. Lack of containers currently appears popularly in Asian countries and Southeast Asia and tends to spread out.<\/p>\n<p>A businessman operating in the shipping industry added:<em> &#8220;shipping companies have to wait many weeks to get their containers and are forced to pay high prices, which has pushed up shipping prices dramatically.&#8221;<\/em> Mr. Mark Yeager, Managing Director of Redwood Logistics, said: <em>\u201cSpecifically, freight rates from China to the US and Europe have increased by 300%. Sometimes the freight was up to <strong>6,000 USD \/ container,<\/strong> compared to the usual price of 1,200 USD. \u201d<\/em> Therefore, many enterprises exporting goods and<a href=\"https:\/\/kimmyfarm.com\/en\/shop\"><strong> agricultural products of Vietnam<\/strong><\/a> have to pay for container charges up to 3-4 times, even 10 times higher than normal to keep up with timely delivery for their customers<\/p>\n<div id=\"attachment_14855\" style=\"width: 1270px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-14855\" class=\"wp-image-14855 size-full\" src=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/khung-hoang-container-lam-xuat-khau-dieu-tro-nen-tram-lang.jpg\" alt=\"Gi\u00e1 c\u01b0\u1edbc v\u1eadn t\u1ea3i bi\u1ec3n t\u0103ng cao khi\u1ebfn cho vi\u1ec7c xu\u1ea5t kh\u1ea9u h\u1ea1t \u0111i\u1ec1u \u1edf Vi\u1ec7t nam th\u00eam ph\u1ea7n kh\u00f3 kh\u0103n\" width=\"1260\" height=\"840\" srcset=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/khung-hoang-container-lam-xuat-khau-dieu-tro-nen-tram-lang.jpg 1260w, https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/khung-hoang-container-lam-xuat-khau-dieu-tro-nen-tram-lang-150x100.jpg 150w, https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/khung-hoang-container-lam-xuat-khau-dieu-tro-nen-tram-lang-1200x800.jpg 1200w\" sizes=\"(max-width: 1260px) 100vw, 1260px\" \/><p id=\"caption-attachment-14855\" class=\"wp-caption-text\">Gi\u00e1 c\u01b0\u1edbc v\u1eadn t\u1ea3i bi\u1ec3n t\u0103ng cao khi\u1ebfn cho vi\u1ec7c xu\u1ea5t kh\u1ea9u h\u1ea1t \u0111i\u1ec1u \u1edf Vi\u1ec7t nam th\u00eam ph\u1ea7n kh\u00f3 kh\u0103n<\/p><\/div>\n<h2>Brazil, Mozambique, Tanzania, Kenya Are At The End Of The Harvest<\/h2>\n<p>Currently, international buyers wait to see if the freight is able to cool down or not to calculate the purchase price accordingly. In addition,<strong> the cashew season in Brazil, Mozambique, Tanzania, and Kenya<\/strong> is currently in their harvest season, so the cashew inventory in these countries is quite a lot. Some customers ask for future delivery, but the price is not good for Vietnamese cashew exporters, there are not many orders to be closed. In addition, many factories are off for Tet holidays in Vietnam, together with the rising cost of seagoing vessels, which has led <strong>Vietnamese cashew production<\/strong> enterprises to focus on selling roasted cashew for the domestic market. This is also a reason why the export market becomes quiet in the first days of the new year.<\/p>\n<div id=\"attachment_14845\" style=\"width: 1738px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-14845\" class=\"wp-image-14845 size-full\" src=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/vuon-trong-dieu-tai-nigeria.jpg\" alt=\"C\u00e1c n\u01b0\u1edbc nh\u01b0: Brazil, Mozambique, Tanzania, Kenya... \u0110ang \u1ede Cu\u1ed1i V\u1ee5 Thu Ho\u1ea1ch \u0110i\u1ec1u c\u1ee7a H\u1ecd\" width=\"1728\" height=\"800\" srcset=\"https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/vuon-trong-dieu-tai-nigeria.jpg 1728w, https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/vuon-trong-dieu-tai-nigeria-150x69.jpg 150w, https:\/\/kimmyfarm.com\/wp-content\/uploads\/2021\/02\/vuon-trong-dieu-tai-nigeria-1200x556.jpg 1200w\" sizes=\"(max-width: 1728px) 100vw, 1728px\" \/><p id=\"caption-attachment-14845\" class=\"wp-caption-text\">C\u00e1c n\u01b0\u1edbc nh\u01b0: Brazil, Mozambique, Tanzania, Kenya&#8230; \u0110ang \u1ede Cu\u1ed1i V\u1ee5 Thu Ho\u1ea1ch \u0110i\u1ec1u c\u1ee7a H\u1ecd<\/p><\/div>\n<p><strong>Article Written By \u2013 Kimmy Farm: We Originally a\u00a0<a href=\"https:\/\/kimmyfarm.com\/en\/vietnam-cashew-nuts\" data-mil=\"14907\">Vietnam cashew farm<\/a><\/strong>\u00a0in Binh Phuoc province, Vietnam, an extremely famous place contributes to making Vietnam a leading exporter of the cashew industry. Currently, with many years in the industry, we develop ourselves into a company specializing in cashew nut export such as W240, W320, W450, SW240, SW320, SW450, SB, BB \u2026 In addition, we also have a staff of staff who have many years of experience working in large processing factories in Vietnam. Kimmy Farm\u2019s cashew products have been exported to major markets such as the US, UK, EU, Russia, Canada, Australia, the Middle East, China, Turkey, South Africa, UAE, India, Singapore, Japan, and many other countries<\/p>\n<p><strong>@Products Mentioned in Article: <a href=\"https:\/\/kimmyfarm.com\/en\/vietnam-cashew-nuts\">Vietnam Cashew Nut Products<\/a><\/strong><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"7EXRF0yQh0\"><p><a href=\"https:\/\/kimmyfarm.com\/en\/product\/ww240-cashew-nut-vietnam\">W240 Cashew Nut Vietnam White Whole Cashews<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;W240 Cashew Nut Vietnam White Whole Cashews&#8221; &#8212; Kimmy Farm\" src=\"https:\/\/kimmyfarm.com\/en\/product\/ww240-cashew-nut-vietnam\/embed#?secret=m57Zucy8zV#?secret=7EXRF0yQh0\" data-secret=\"7EXRF0yQh0\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"DQR57rIWvz\"><p><a href=\"https:\/\/kimmyfarm.com\/en\/product\/ww320-cashew-nut-vietnam\">W320 Cashew Nut Vietnam White Whole Cashews<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;W320 Cashew Nut Vietnam White Whole Cashews&#8221; &#8212; Kimmy Farm\" src=\"https:\/\/kimmyfarm.com\/en\/product\/ww320-cashew-nut-vietnam\/embed#?secret=61e3gSZRWO#?secret=DQR57rIWvz\" data-secret=\"DQR57rIWvz\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"H97qaulGgh\"><p><a href=\"https:\/\/kimmyfarm.com\/en\/product\/ww450-cashew-nut-vietnam\">W450 Cashew Nut Vietnam White Cashews<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;W450 Cashew Nut Vietnam White Cashews&#8221; &#8212; Kimmy Farm\" src=\"https:\/\/kimmyfarm.com\/en\/product\/ww450-cashew-nut-vietnam\/embed#?secret=KnZk7dBBDH#?secret=H97qaulGgh\" data-secret=\"H97qaulGgh\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vietnam Cashew Exports Quiet at the beginning of the Year In the first months of 2021, the cashew nut export<\/p>\n","protected":false},"author":1,"featured_media":14855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185,183],"tags":[226,222,218,221],"class_list":["post-14913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cashew-nuts","category-blog","tag-cashew-market-report","tag-cashew-news","tag-cashew-nuts","tag-vietnam-cashew-nuts"],"_links":{"self":[{"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/posts\/14913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/comments?post=14913"}],"version-history":[{"count":0,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/posts\/14913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/media\/14855"}],"wp:attachment":[{"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/media?parent=14913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/categories?post=14913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kimmyfarm.com\/en\/wp-json\/wp\/v2\/tags?post=14913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}