India remains Vietnam’s largest star anise export market

Tuesday, 29/10/2024 17:17
Vietnam’s star anise exports reached 9,822 tons in the first nine months of 2023, worth nearly 47 million USD, in which India continues to be the country’s largest star anise export market.
India remains Vietnam’s largest star anise export market. (Photo: congthuong.vn)

According to preliminary statistics from the Vietnam Pepper and Spice Association (VPSA), Vietnam's star anise exports in September reached 704 tons, valued at 3.2 million USD. Prosi Thang Long is still the largest exporter with 90 tons.

In the nine months, the country exported 9,822 tons of star anise, with a total export turnover of nearly 47 million USD, down 9.5% in volume and 20.6% in value. India remains the largest export market for Vietnamese star anise with 6,264 tons, followed by the US, Taiwan (China) and China. 

In 2023, Vietnam earned 83 million USD from star anise exports, with an output of 16,136 tons. India was the country’s key export market, accounting for a 57% proportion.

According to the World Spice Association, star anise is a valuable spice for Vietnam with an annual output among the top in the world.

Star anise is considered a “treasure” because it is a native plant that very few countries in the world can grow. In fact, star anise is almost only found in Vietnam and China.

In particular, Lang Son is currently home to the most star anise in Vietnam with more than 43,370 hectares of star anise forest, accounting for about 70% of the country’s star anise area. Of which, more than 28,000 hectares of star anise are being harvested, with dried star anise output reaching from 7,500 to 16,000 tons a year.

Vietnam now ranks second in the world in star anise exports. According to economic experts, the country still has large room to develop spice products.

Last year, the total export value of Vietnamese spices reached more than 1.4 billion USD. This industry aims to earn export value of 2 billion USD by 2025./.

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