Vietnam’s star anise exports to India rise by 178%

Thursday, 11/04/2024 08:58
Vietnam exported 645 tons of star anise to the Indian market in March, an increase of 178% from the previous month, accounting for 65% of the country’s total star anise exports.
Photo for illustration. (Source: congthuong.vn)

According to statistics from the Vietnam Pepper Association (VPA), Vietnam’s total star anise export hit a record increase in March with 998 tons, earning 5.4 million USD, an increase of 79% in output. Exports to the main market, India, witnessed a 178% increase in output from the previous month, reaching 645 tons, accounting for nearly 65%.

Prosi Thang Long was the largest export enterprise in March with 203 tons, an increase of 99%.

In the first quarter of 2024, star anise exports were valued at 13.3 million USD with 2,435 tons, down 27% in output and 38% in turnover. Vietnam exported the most anise to India in the first quarter with 1,376 tons, down 39%, accounting for 56.5%. The US is the third largest export market with 212 tons, down 16% and accounting for 8.7%.

In 2023, Vietnam earned 83 million USD from exporting 16,136 tons of star anise, a sharp increase of 26% in volume. India was Vietnam’s largest export market with 499 tons, accounting for 57% of the total.

Anise is a small tree with a height of 2-6m, the shape of the whole tree is tapered in the shape of a canarium, green all year round, the trunk grows straight, the branches easily break. Anise trees usually flower from March to May and anise flowers begin to ripen from July to September when people harvest them.

Vietnam has an anise growing area of about 40,000 hectares, concentrated mainly in Lang Son and Cao Bang, with an annual output of more than 16,000 tons./.

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