Nigeria is a major and growing player in the cashew industry with rising market share in global cashew production, with an annual average production increase of 5%. Production is projected to go only one way – upwards. By 2030, we will produce 300,000 metric tonnes of cashew. We have a relatively long cashew producing season […]
Data from the National Bureau of Statistics (NBS) indicate that cashew nuts have topped sesame seeds to become the leading agricultural export product (and fourth leading export product) in Nigeria for the second quarter of 2018. Total Agricultural Exports According to Foreign Trade Report by NBS, the total value of exported agricultural products in Q2 2018 was N85.9 billion, compared […]
Nut exports The cashew season of export usually starts between February and March to June and July; starting negotiations with end buyers from the end of November. There is very high demand; but planning and understanding the trade finance cycle is key. It is recommended that moisture content is between 8-10 percent; so that there […]
