The United States is the largest export market for Vietnamese pepper.

According to the Vietnam Pepper and Spices Association, the United States is the largest export market for Vietnamese pepper, reaching 67,802 tons, up 41.1% and accounting for 28.8% of total exports.

Pepper harvest in Binh Phuoc . (Photo: VNA)

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The Vietnam Pepper and Spices Association said that in November, Vietnam exported 15,948 tons of pepper of all kinds, with a total turnover of 106.5 million USD.

Accumulated in November 2024, Vietnam exported 235,335 tons of pepper of all kinds, of which black pepper reached 207,498 tons and white pepper reached 27,837 tons. Total export turnover reached 1.22 billion USD.

Compared to the same period in 2023, export volume decreased by 3.5%, but export turnover increased by 46.9%. The average export price of black pepper in 11 months reached 5,073 USD/ton, up 47.3% and white pepper reached 6,772 USD/ton, up 36.7% over the same period last year.

The United States is the largest export market for Vietnamese pepper, reaching 67,802 tons, up 41.1% and accounting for 28.8% of total export volume of Vietnamese pepper.

Next are the markets: UAE increased by 42.7%, accounting for 6.6%; Germany increased by 67.7%, accounting for 6.0%.

Many markets have double-digit export growth such as the Netherlands (41.8%), South Korea (34.8%), Pakistan (34.5%), Canada (19.7%), Russia (15.5%), UK (14%)...

China is the 6th largest export market for Vietnamese pepper, but this market decreased by 83.6% compared to the same period in 2023.

Leading pepper exporters such as Olam Vietnam increased by 44.9%; Phuc Sinh increased by 49.4%; Nedspice Vietnam increased by 7.9%; Haprosimex JSC increased by 70.6% and Tran Chau increased by 0.8%.

The Vietnam Pepper and Spice Association also said that in 11 months, Vietnam imported 32,977 tons of pepper of all kinds with a total import turnover of 155.3 million USD, compared to the same period last year, the import volume increased by 34.7%, the turnover increased by 92.6%.

Olam Vietnam is the largest importer accounting for 34.5%, followed by Tran Chau and Harris Spice. Indonesia is the largest pepper supplier to Vietnam accounting for 42.8%, while imports from Brazil decreased by 39.9%./.

Source: https://baoquangninh.vn/hoa-ky-la-thi-truong-xuat-khau-lon-nhat-cua-ho-tieu-viet-nam-3333817.html