Cashew
According to the African Cashew Initiative, 'nearly 40 % of the global cashew crop is produced by about 1.5 million small farmers in Africa'. However, cashew farmers in Africa are considered not to be well organized into associations, which weakens their bargaining position. Less than 2% of Africa's raw cashew production is said to to be processed in Africa. Leading cashew producers include Mozambique, Ghana, Nigeria, Kenya, Burkina Faso, Benin and the Ivory Coast.
In terms of exports to the United States, the majority of trade takes place with Mozambique, followed by Ghana, Nigeria and Kenya. Exports to the US have increased steadily in recent years. Cashew is classified mainly under the following codes: HTS 0801.31 and HTS 2008.19.1040.
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United Bank for Africa Plc (UBA) presentation on cashew business and trade financing.
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