Statistics from the Customs Department show that in the first 5 months of 2025, pepper exports - a commodity considered as "black gold" of Vietnam - reached 99,900 tons, earning 690.4 million USD. Compared to the same period last year, pepper exports decreased by 12.5% in volume but increased sharply by 40.5% in value.
The reason is the sharp increase in pepper prices. In the past 5 months, the average export price of this item reached 6,910 USD/ton, a sharp increase of 61.1% compared to the same period in 2024.
The export value of “black gold” to most key markets recorded a sharp increase. Of which, exports to the UK market increased by 114% compared to the same period last year.
The US, Germany and India are the three largest pepper export markets of Vietnam, accounting for nearly 41% in volume and nearly 44% in value.
Specifically, in just 5 months, the US spent nearly 185 million USD to buy 24,687 tons of pepper. Although the volume decreased by 18.9%, the value still increased sharply by 34.8% compared to the same period in 2024.
Pepper exports to Germany reached 8,451 tons, earning nearly 64 million USD, up 11.5% in volume and 73.7% in value. Exports of this item to India reached 7,501 tons, worth over 53 million USD, up 8.3% in volume and 86.7% in value.
Currently, pepper prices in the domestic market fluctuate from 137,000-138,000 VND/kg.
Meanwhile, at the port in Ho Chi Minh City, the export price of 500 g/l black pepper is traded at 6,300 USD/ton, 550 g/l is at 6,400 USD/ton. The export price of white pepper is at 9,300 USD/ton.
According to experts, in the short term, the price of “black gold” is forecast to stabilize or decrease slightly due to unstable export demand and tight supply. However, in the medium and long term, the global supply shortage may support pepper prices to increase again.
Vietnamnet.vn
Source: https://vietnamnet.vn/lo-dien-3-quoc-gia-rot-tien-khung-mua-41-luong-vang-den-cua-viet-nam-2411729.html
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