Tanzania Cashew Nut Sales Drop By More Than Half

Tanzania's total cashew nut sales on the international market dropped 63 per cent to $196.5 million last year, compared with $529.6 million in the 2017 trading period, Minister for Finance and Economic planning Phillip Mpango has said.

Dr Mpango, who was presenting the 2019/20 budget in Dodoma, said exports fell to 120,200 tonnes from 329,400 tonnes in 2017. However, the price per tonne on the international market increased by 1.7 per cent from $1,607.7 to $1,634.2 in the one-year period.

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