Tuesday, 10/12/2024 10:18 (GMT+7)
Vietnam exported 235,335 tons of pepper between January and November 2024, valued at 1.22 billion USD, down 3.5% in volume but up 46.9% in value year on year, according to the Vietnam Pepper and Spice Association (VPSA).
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| Photo for illustration. (Source: cafef.vn) |
The 11 month volume includes 207,498 tons of black pepper and 27,837 tons of white pepper. The US emerged as the biggest importer of Vietnam’s pepper over the past eleven months, said VPSA.
In November alone, the country shipped abroad 15,948 tons of pepper of all types, worth 106.5 million USD, statistics show.
During the 11-month period, the US was Vietnam's top pepper importer, purchasing 67,802 tons, a significant 41.1% increase from a year earlier, accounting for 28.8% of the total volume. It was followed by the United Arab Emirates (UAE) with a 42.7% rise and a 6.6% share, and Germany with a 67.7% rise and a 6% share.
Many markets recorded double-digit growth such as the Netherlands (41.8%), the Republic of Korea (34.8%), Pakistan (34.5%), Canada (19.7%), Russia (15.5%) and the UK (14%). Meanwhile, China is the 6th largest importer of Vietnamese pepper, but exports to this market nosedived by 83.6% year-on-year.
The VPSA also said that between January and November, Vietnam imported 32,977 tons of pepper of all kinds, with a total import turnover of 155.3 million USD, up 34.7% in volume and 92.6% in value against the same period last year./.
BTA