VIETNAM’S PEPPER EXPORTS EXCEED US$1.5 BILLION IN JAN-NOV

Pepper vines at a farm in Vietnam - PHOTO: VGP

HCMC – Vietnam’s pepper exports reached more than US$1.5 billion in the first 11 months of the year, up over 24% year-on-year thanks to strong export prices and steady global demand.

Data from the Vietnam Pepper and Spice Association (VPSA) showed that Vietnam exported 18,582 tons of pepper in November, including 16,322 tons of black pepper and 2,260 tons of white pepper. Export revenue stood at US$121.5 million, down 4.4% in volume and 6.2% in value from October. Despite the monthly decline, exports rose 16.5% in volume and 14.2% year-on-year.

By the end of November, Vietnam had shipped 225,009 tons of pepper, with black pepper accounting for 192,899 tons and white pepper for 32,110 tons. Revenue surpassed US$1.5 billion, including nearly US$1.25 billion from black pepper and over US$262 million from white pepper.

Although export volume dropped 4.4% against the same period of 2024, higher prices and improved demand pushed export earnings up 24.4%.

The U.S. remained the largest buyer, accounting for 21.7% of total shipments, or 48,849 tons. It was followed by the UAE (8.9%), China (7.9%) and India (5.2%).

Besides pepper, Vietnam is expanding exports of other key spices such as cinnamon and star anise. In November alone, cinnamon exports reached 9,466 tons with revenue of US$23.1 million, up 5.4% in volume and 9.3% in value compared to October.

Source: The Saigon Times