Canacona has a sizeable area under cashew plantation. Main cashew produce comes from Agonda, Sristhal, Gaondongrim, Khotigao, Poinguinim and Loliem. Almost all the cashew seeds after sufficient drying are sold in the Canacona market. These seeds are further sold to the processing units in the Taluka. There are 4 processing units spread all over Canacona which on an average process over 2 lakh kgs of raw cashew nut producing 60,000 kg finished kernel, and 138,000 kg of nut shell which is hard pressed to extract 30,000 litres of shell oil which is sold at Rs 50 per litre. The cashew oil extracted is used to coat the wooden hull boats to give good protection from the harsh saline environment.