Vietnam exported 20,244 tonnes of various types of pepper in March, earning 141.6 million USD. The figures represented increases of 41.3% in volume, and 45.6% in value month-on-month, and a decrease of 21.2% in volume and a rise of 27.9% in value year-on-year.
According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.
Vietnam could ship more than 1 billion USD worth of pepper abroad for the whole 2024 on the back of high global demand and limited supply, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam's pepper export earnings surged 40.8 percent year-on-year to 764 million U.S. dollars in the first seven months of this year, according to the Vietnam Pepper and Spice Association.
Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam exported 142,586 tonnes of pepper in the first half of this year, down 6.8% in volume but up 30.5% in value, the Vietnam Pepper and Spice Association (VPSA) has reported.
So far this year, Vietnam has shipped abroad over 114,400 tonnes of pepper worth more than 493 million USD, down 13 in volume but up 20% in value over the same period last year.
Vietnam’s pepper sector is facing a range of difficulties due to the oversupply and the fierce competition in the global market, resulting in low prices, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam gained its highest ever seafood export value of 8.32 billion USD in 2017, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.
