Cashew exports to rise 14 pct in 2015

Vietnam, the world's largest cashew exporter, plans to ship 350,000 tonnes of the nuts this year, a rise of 14 percent from 2014, the Vietnam News newspaper reported, citing a projection by the Vietnam Cashew Association.

Revenues from the exports are expected to rise 13.6 percent to $2.2 billion in 2015, the report said.

About 30 percent of Vietnam's cashews are exported to the United States, 25 percent to Europe and another 20 percent to China.

- Vietnam News