Vietnam’s pepper exports rise by nearly 42% to August

Vietnam exported 82,000 tonnes of pepper so far this year, earning US$274 million, an increase of 41.57% in value.

Vietnam exported 82,000 tonnes of pepper so far this year, earning US$274 million, an increase of 41.57 % in value.

The volume increased 5% over the same period last year, the Ministry of Agriculture and Rural Development said.

Since 2001, Viet Nam has become the biggest pepper exporter in the world, Vietnam Pepper Association chairman Do Ha Nam said.

Exports to the US had increased 58%and to Germany 56%, partly due to the fact that Brazil, a major pepper exporter, wasn’t due to harvest until next month, Nam said.

The pepper price increased by 34.52% over the same period last year, but was forecast to fall as Indonesia and Malaysia pepper supplies increased.

This year’s pepper yield would remain at 100,000 tonnes, the same level as last year, due to unfavorable weather, Nam said.

Meanwhile, more guidance was needed from provinces to increase yields, quality and hygiene standards and to develop trademarks, experts said, plus pepper traders needed to find new markets.

Tags: Vietnam pepper exports