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Vietnam's cashew export: a stochastic gravity analysis

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  • Thuy Anh Tu
  • Tien Dung Dinh
  • Thi Mai Phuong Chu

Abstract

This study aims to estimate the efficiency and potential of Vietnamese cashew exports to 40 partners using stochastic gravity analysis from 2006 to 2022. The importer's GDP, geographical distance, and the official exchange rate are found to have a positive effect on exports. However, Vietnamese cashew exports have not reached their full potential. The average efficiency of its 10 largest importers in 2022 was 48.5%, while the overall average for the period was only 31.9%. Additionally, when examining factors affecting export efficiency, it is shown that investment freedom, trade freedom, and financial freedom, along with several trade agreements, have positive impacts on Vietnamese cashew export efficiency.

Suggested Citation

  • Thuy Anh Tu & Tien Dung Dinh & Thi Mai Phuong Chu, 2026. "Vietnam's cashew export: a stochastic gravity analysis," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 22(2), pages 185-201.
    • Handle: RePEc:ids:ijtrgm:v:22:y:2026:i:2:p:185-201
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