In March 2024, Vietnam's star anise exports hit a record high

Published 2024년 4월 15일

Tridge summary

Vietnam's star anise exports have seen a significant downturn in the first quarter of this year, with a 27.7% decrease in volume and a 38.4% fall in value year-on-year, totaling 2,435 tons and 13.3 million US dollars. Despite this, India continues to be the largest importer, albeit with a 39% reduction in volume, and the United States follows with a 16% decline. Notably, March witnessed a surge in exports to India, reaching a record 998 tons worth 5.4 million US dollars, a 178% increase from the previous month. Star anise cultivation is concentrated in Vietnam's Lang Son and Cao Bang provinces, spanning 40,000 hectares and yielding over 16,000 tons annually.

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Original content

In the first quarter of this year, Vietnam exported 2,435 tons of star anise, with an export value of 13.3 million US dollars, down 27.7% and 38.4% year-on-year respectively. India is still the largest export market for Vietnamese star anise, with an export volume of 1,376 tons, down 39% year-on-year; followed by the United States, with an export volume of 212 tons, down 16% year-on-year. In March this year, Vietnam's star anise exports hit a record high of 998 tons, up 79%, and an export value of 5.4 million US dollars. Among them, 645 tons were exported to India, up 178% month-on-month, accounting for 65% of Vietnam's total ...

Source: Foodmate