Growth in export performance of Indian cashew

Cashew is one of the most valuable processed nuts on global commodity markets and has the potential to generate employment and revenue for developing countries. India is the largest producer, processor, Exporter and the second largest consumer of cashew kernel in the world and earns a sizeable amount of foreign exchange. Cashew ranks second in agriculture and horticulture commodities exported from India. The country is earning 25000 Crores through the export of cashew kernels yearly. Over 65 per cent of the world cashew kernels are accounted by India. Today, India dominates the world cashew market over 564 million, India meets two third of world demand for cashew. USA is the largest buyer of Indian cashew. It is developed only in 20th century. Indian cashew are consumed in as many as 60 countries all over the world, the major market being the United States, the United Kingdom, Japan, Netherlands, Australia, Canada, Germany, Hang Kong, Singapore, New Zealand and Middle East countries. Vietnam is the largest Producer of raw cashew followed by India and Brazil. India dominates and leads the cashew kernel Production list