In 2023, China led the global groundnuts export volume at 812 thousand metric tons, up by 1.17% year-on-year. India and the United States followed with 690 and 683 thousand metric tons, respectively, showing a decline of 0.43% and an increase of 1.21%. Argentina, with 675 thousand metric tons, saw a growth of 2.21%, while Brazil increased by 3.3% to 374 thousand metric tons. Notable year-on-year variations include Myanmar's significant increase of 10.76% and Vietnam's remarkable 17.08% rise. On the other hand, countries like Malawi and Laos experienced declines of 3.98% and 5.59%, respectively.
Future trends to watch for include further growth in developing countries' export volumes, specifically in Africa and Southeast Asia, driven by surging demand and improved agricultural practices. Additionally, advances in logistics and global trade agreements may shift the dynamics of groundnuts export among major players.
Top countries in Groundnuts Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 812 | 2023 | +1.5% | +1.17% | View data |
| 2 | 2 India | 690 | 2023 | -2.13% | -0.43% | View data |
| 3 | 3 United States | 683 | 2023 | +0.89% | +1.21% | View data |
| 4 | 4 Argentina | 675 | 2023 | +0.3% | +2.21% | View data |
| 5 | 5 Netherlands | 396 | 2023 | +1.54% | +1.64% | View data |
| 6 | 6 Brazil | 374 | 2023 | +4.47% | +3.3% | View data |
| 7 | 7 Senegal | 195 | 2023 | +4.84% | +5.81% | View data |
| 8 | 8 Nicaragua | 121 | 2023 | -0.82% | -1.12% | View data |
| 9 | 9 Egypt | 85 | 2023 | +3.66% | +0.97% | View data |
| 10 | 10 Myanmar | 80 | 2023 | +3.9% | +10.76% | View data |