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| Vietnam is a major pepper exporter in the world every year. (Photo: hanoimoi.vn) |
Specifically, in the first half of November 2024, Vietnam exported 8,082 tons of pepper, valued at 55.4 million USD. Regarding export markets, the United States is still Vietnam’s largest pepper market. Since the beginning of the year, this market has imported 2,362 tons of pepper and spices of all kinds, accounting for 29.2% of Vietnam’s export market share.
As of November 2024, Vietnam exported more than 219,387 tons of pepper of all kinds; of which, black pepper is 193,892 tons and white pepper is 25,495 tons. The average export price of black pepper is 4,971 USD a ton, an increase of 1,528 USD and white pepper is 6,626 USD a ton, an increase of 1,671 USD over the same period last year.
According to statistics from the Vietnam Pepper and Spice Association, in the first half of November 2024, Vietnam imported 2,484 tons of pepper, valued at 14.3 million USD; up 8.2% in volume. Indonesia continues to be the largest pepper supplier to Vietnam, accounting for 82.3%, reaching 2,045 tons.
In Jan-Nov 2024, Vietnam imported more than 28,596 tons of pepper of all kinds; of which, black pepper was 25,456 tons and white pepper was 3,140 tons, with a total import turnover of 131.3 million USD.
Compared to the same period last year, the import volume increased by 27.1%, and the turnover increased by 78.5%. Indonesia became the largest pepper supplier to Vietnam, accounting for 36.0%, reaching 10,287 tons, up 257.2% over the same period last year. It was followed by Brazil with 9,013 tons, accounting for 31.5%, down 35.5%, and Cambodia with 6,695 tons, accounting for 23.4%, up 96.7%. Vietnam spent 145.6 million USD importing pepper in the eleven months./.