Togo exported 388t of cashew nuts to the EU by end September 2019, up 189% y/y

Agriculture
Wednesday, 20 November 2019 12:26
Togo exported 388t of cashew nuts to the EU by end September 2019, up 189% y/y

(Togo First) - Togo exported 388 tons of cashew to the European Union over the past three quarters. This is a notable improvement compared to 2017 and 2018, where the country exported 118 tons and 134 tons respectively to the EU.

According to Commodafrica which reported the figures citing N'Kalo, while exports to the Old Continent are going up, those to the US have slumped by 24% over the first three quarters of 2019 (from 73t to 55t). Over the same period the year before, the fall was even more important (from 180t to 73t, thus -59%).

Overall, exports to US and the EU totaled 443t at the end of Q3 2019. India, it should be recalled remains one of Togo's largest cashew buyers.

Among West African economies that export cashew to Europe, Côte d'Ivoire leads with 1,591t over the past three quarters (+88%). Others such as Burkina Faso and Benin also recorded major increases (+113% and +259% respectively) in volumes exported to the EU over the period under review.
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