Mozambique: Cashew exports yielded a record US$98.2 million in 2024

Source: clubofmozambique.com 

Income from the export of Mozambican cashew nuts, one of the country’s main cash crops, grew 71% in 2024, to a record US$98.2 million, according to official data obtained by Lusa.

According to data from a statistical report by the central bank, which details exports in 2024, in the last quarter of the year alone, cashew sales abroad yielded US$60.1 million.

In 2023, these exports had grown to US$57.3 million and, in the previous year, to US$51.7 million , while in 2021 they represented only US$30 million.

According to the 2024 budget implementation report from the Ministry of Finance, last year around 4.8 million cashew seedlings were produced, and read more ...