Not only durian, China and Laos are also competing for this 'gold on the tree' from Vietnam: Earning more than 8 million USD in the first 3 months of the year, you buy as much as you want.

Published 2024년 4월 16일

Tridge summary

In March, Vietnam witnessed a significant surge in chili exports, reaching 1,523 tons with a value of 4.2 million USD, a 72.3% increase from February 2024, primarily to China and Laos. By the end of March, the total exports for the year amounted to 3,141 tons, generating 8.1 million USD, marking a 17.6% increase in volume and a 52.8% increase in value compared to the previous year. The average export price rose by 28% to 2,610 USD/ton. This growth is attributed to the doubled domestic price of chili, driven by high demand from markets like China and Korea. Vietnam's chili production is concentrated in provinces like Dong Thap, An Giang, and Tien Giang, among others, with a total cultivation area of over 7,000 hectares and an annual output of approximately 100,000 tons, in addition to about 60,000 tons from the Central Highlands.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Soha.vn According to preliminary statistics from the Vietnam Pepper Association (VPA), chili exports in March reached 1,523 tons with a value of 4.2 million USD, a sharp increase of 72.3% compared to February 2024. Of which, China alone imported 1,339 tons, accounting for nearly 88% of output, and Laos 106 tons, accounting for 7%. Accumulated by the end of March, our country exported 3,141 tons of chili with a total turnover of 8.1 million USD, an increase of 17.6% in volume and a sharp increase of 52.8% in value over the same period. The average export price reached 2,610 USD/ton, a sharp increase of 28% over the same period last year. China and Laos are the two main export markets with 2,753 tons and 259 tons, accounting for nearly 96% of total exports. According to a survey before the Lunar New Year, the price of chili at the garden is fluctuating 38,000-40,000 per kg. Particularly for selected export types, the price is from 60,000-65,000 VND/kg, type 2 chili is ...
Source: AgroInfo.vn

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