Key Highlights:
Did you know? India has become one of the leading producers and exporters of cashews and cashew-related products. The country’s favorable climate and skilled workforce contribute to a lucrative and profitable cashew nut export business.
With over 15% of global cashew exports, India is the world's top cashew exporter. However, cashew exports witnessed a 7% increase in value between 2020–21 and 2021–22, rising from US$ 420 million to US$ 452 million.
However, cashew export from India can be a lucrative business venture for entrepreneurs looking to break into international trade. This blog includes the opportunity of cashew exports from India, the top cashew exporters in India, export statistics for cashew nuts, and much more.
Yes, cashew exports from India are profitable, but there is no one-size-fits-all answer as the precise profit margin depends on a number of variables.
With cashew goods earning the greatest (N2,724.4 (US $7.6)) > cashew nut (N2,547.9 (US $7.1)) > both cashew products (N2,340.4 (US $6.5)), the average net revenue from 1 kg of value-added cashew goods is substantial.
According to cashews exporters data, India, the US, and Germany are the top three cashew-importing nations, and they are located on three separate continents. Cashew nuts are eaten in many different ways, such as sweet or salty snacks or as components of numerous culinary items.
Now, explore the growth chart for cashew export from India!
The cashew market size is expected to reach USD 7.82 billion by 2024 and reach USD 9.20 billion by 2029, with a compound annual growth rate (CAGR) of 3.31% during the forecast period.
The global cashew market has expanded owing to the increasing popularity of healthy food options and growing health consciousness.
Let’s discuss the top cashew-producing countries!
Let’s explore the table first!
|
Rank
|
Country | Total Production (tonnes) |
| 1 | Ivory Coast | 970000 |
| 2 | India | 743000 |
| 3 | Vietnam | 283328 |
| 4 | Indonesia | 170000 |
| 5 | Benin | 120000 |
| 6 | Burkina Faso | 115000 |
| 7 | Guinea-Bissau | 90000 |
| 8 | Tanzania | 80000 |
| 9 | Mozambique | 70000 |
| 10 | Philippines | 65000 |
Here's an overview of the table's main points:
Leading Producers: Ivory Coast and India are the world's largest cashew producers, accounting for around 970000 tons of total production and 743000 tons of production.
Cashew nut production in India: India produces over 0.8 million metric tons of cashew nuts annually.
Top cashew-producing states: Maharashtra, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Goa, Orissa, West Bengal, and some parts of the Northeast are the major cashew-growing states.
Let’s dive into the accurate statistics for Cashews export data!
Here is an updated table for export cashews from India:
|
Cashew export from India
|
Cashew export data: 2023: 24 |
| Total Cashew export data | 65808.42 MT (or 356 million USD) |
| Cashew exports from April 2023 to January 2024 | $ 282.54 million |
| Cashew export from April 2022 to January 2023 | $ 290.95 million |
| Export Destinations | United Arab Emirates, Japan, and the Netherlands |
Now analyze the graph for the top 3 destination countries for India’s Cashew exports!
Were you aware? India is a major cashew nut exporter to over 60 countries worldwide. The top destinations for cashew nut exports from India are:
According to cashew nut export data, the UAE was India's top buyer of cashews worth US$ 127 million in 2022–2023—34.9% of total exports—compared to US$ 131.5 million in the year prior.
Also, India exported US$ 36 million worth of cashews to the Netherlands and Japan in FY23. With 75% of all cashew exports going to the top ten importing countries, traditional markets are very important.
However, 17.21 million kg of cashew export from India to the United Arab Emirates in FY23, a 3.54% increase in volume over the 16.6 million kg exported the year before. Based on cashew export data, The Netherlands and Japan were among the top three importers of Indian cashews, with a share of exports at 10% each.
Now, explore the list of top cashews but exporting countries!
Here are the major cashew-exporting countries:
|
S.No.
|
Top 10 Cashew Exporting Countries | Export Value |
| 1 | India | US$ 356.6 million |
| 2 | Netherlands | US$ 253.3 million |
| 3 | Germany | US$ 213.3 million |
| 4 | Nigeria | US$ 152.6 million |
| 5 | Brazil | US$ 68.6 million |
| 6 | Ghana | US$ 31.0 million |
| 7 | Turkey | US$ 24.6 million |
| 8 | Benin | US$ 21.8 million |
| 9 | Mozambique | US$ 20.4 million |
| 10 | Tanzania | US$ 18.6 million |
So, as per cashew export data, India is considered the largest cashew exporter, with an export value of US$ 356.6 million. Netherlands, Germany, and Nigeria are some of the biggest exporters of cashews. However, if you are looking for India cashew nut export statistics, cashew exporters in India, or cashew export from India, connect with Seair Exim Solutions and obtain real-time global trade data.
Check out the leading Indian cashews exporters now!
Here is an updated list of the 10 largest cashew exporters in India:
Thus, these are India's biggest exporters of cashews. Additionally, visit Seair Exim Solutions right now if you want to do the cashew export from India effectively and efficiently.
To establish a cashew nut export business in India, you may need a variety of documents, including export documentation, an export license, a certificate of origin, an FSSAI food license, and so on. Here are the important steps to get you started: First, we go over the documentation for cashew export from India.
Here are several important steps for cashew export from India.
The choice of business structure has legal implications. Entrepreneurs must register their cashew business by the structure they choose, as well as follow the norms and regulations that govern their industry. Furthermore, complying with India's tax rules is a requirement for establishing a cashew export firm.
Understanding the nature or qualities of the product is critical while setting up a cashew export business in India. If the product is classified as food or edible, it is subject to the Food Safety and Standards Authority of India's laws. However, the traders need to perform market research before cashew nuts are exported from India. Seair Exim Solutions is the foremost platform for analyzing the statistics for cashew export from India, cashew export data from India, etc.
The largest cashew exporters in India is Griva Enterprise. However, the other top cashew exporters in India are Yesraj Enterprises, Sahyadri Cashew Processors, Virendra Haribhai Pansara, and Puduvai Exports. To know the exact and updated list of cashew exporters in India, prices of cashew nut export from India, or cashew export companies in India, connect with the Seair Exim Solutions platform and analyze the India trade data efficiently.
Finding exact cashew buyers or importers takes a lot of work for traders. Several market research websites in India provide market information, but one of the best data-driven platforms is Seair Exim Solutions. They provide insights such as cashew export data, cashew export from India, an updated and detailed cashew exporters list, or updated cashew buyers globally. So choose your trading partner wisely and obtain relevant and upgraded statistics for cashew export from India instantly.
There are many opportunities for traders, farmers, and entrepreneurs in the business of cashew export from India. With a focus on quality, a wide range of products, government support, and growing global demand, the industry is well-positioned for growth. By leveraging these opportunities and keeping a watchful eye on market developments, India can solidify its standing as a vital participant in the global cashew nut trade. As for data-driven platforms, Seair Exim Solutions is the best if you need up-to-date cashew export data. Do you have any more questions? Please get in touch with our data experts to arrange a free live demo right now!
Frequently Asked Questions
As per cashew exporters data, Griva Enterprise is the largest exporter of cashew nuts in India. To know the other significant exporters, visit our platform today.
Of all the Indian states, Maharashtra is the biggest producer of cashews, followed by Andhra Pradesh and Odisha. Additionally, many lubricants and waterproofing coatings contain cashew shell.
Not all cashews that are exported from India are grown there. Approximately 75% of it is actually imported from Tanzania, Kenya, and Mozambique.
After Vietnam, India is the world's second-largest producer of cashew nuts.
Top of the list as India's cashew output leader is Maharashtra. Estimated to yield 199,700 metric tons in 2024,
Obtaining a number of documents, such as cashew nut export statistics, a list of Indian cashew exporters, the top cashew exporting nations, and cashew HS codes, is necessary to launch a cashew export business from India.
With 1.89 billion US dollars in imports in 2022, India ranked as the world's largest importer of shell cashews.
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