"Black gold" fetches high prices, Vietnam earns $1.66 billion.

The total volume of Vietnam's "black gold" exported last year reached over 246,100 tons. Notably, this commodity consistently sells at high prices, resulting in a record export value of $1.66 billion.

Statistics from the Customs Department show that in 2025, Vietnam exported 246,132 tons of various types of pepper at an average price of nearly US$6,750 per ton, an increase of 28.3% compared to the previous year. As a result, export revenue surged by 26.3%, reaching US$1.66 billion, despite a 1.5% decrease in pepper export volume compared to the previous year.

Thus, pepper exports in 2025 will officially surpass the nearly $1.43 billion figure of 2016, setting a new historical record.

The US, Germany, and India are Vietnam's three largest pepper export markets in 2025, with market shares of 25.1%, 7.5%, and 4.8%, respectively.

Specifically, in 2025, pepper exports to the US market reached 56,182 tons, valued at approximately $416.4 million. Notably, despite facing issues related to reciprocal tariffs, pepper exports to the US still increased slightly by 2.2% compared to the previous year, continuing to be Vietnam's largest consumer market.

Second is the German market, with pepper exports reaching 16,167 tons and an estimated value of approximately $123.8 million. Compared to 2024, the export value of this commodity to Germany increased sharply by 31.2%.

Similarly, in 2025, Vietnamese businesses exported 11,349 tons of pepper to the Indian market, earning $79.9 million, a sharp increase of 54.5% compared to the previous year.

Pepper prices in the domestic market remain high. Photo: Tam An

Currently, the price of this commodity, often referred to as Vietnam's "black gold," is hovering at a peak of 150,000-152,000 VND/kg. Specifically, pepper prices in Dak Lak and Lam Dong are being purchased at 152,500 VND/kg; in Ho Chi Minh City, the price is 151,500 VND/kg; and in Gia Lai and Dong Nai, the purchase prices stand at 151,000 VND/kg and 150,000 VND/kg respectively.

Export prices for black pepper are stable at $6,600-$6,800 per ton for 500g/l and 550g/l grades. Meanwhile, export prices for white pepper are at $9,350 per ton.

Vietnam remains the world's largest exporter of pepper. In December 2025, pepper-growing regions in Vietnam will begin their new harvest season. However, production for the 2025-2026 crop year is projected to decrease slightly due to the impact of weather and storms.

Domestic and export prices for pepper are projected to rise due to tight supply.

Vietnamnet.vn

Source: https://vietnamnet.vn/vang-den-gia-dat-do-viet-nam-thu-ve-1-66-ty-usd-2481157.html