Vietnam's pepper exports to China increased sharply

Published 2023년 3월 14일

Tridge summary

In February 2023, Vietnam saw a significant increase in pepper exports, reaching 28,161 tons with a value of 85.1 million USD, an upward trend compared to the previous month with a 122.6% increase in volume. The first two months of 2023 witnessed a total pepper export of 40,814 tons, valued at 128.6 million USD, showing a 33% increase in volume but a 9% decrease in value compared to the same period in 2022. China emerged as the primary market, accounting for 25% of the total pepper exports. On the other hand, cinnamon exports experienced a decline of 5.2% in volume but a slight increase of 13.8% in value, totaling 11,941 tons and 35 million USD respectively in the first two months of 2023.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary statistics of the Vietnam Pepper Association (VPA), in February 2023, Vietnam exported 28,161 tons of pepper, including 25,959 tons of black pepper and 2,202 tons of white pepper. Total export turnover reached 85.1 million USD. In which, black pepper reached 74.8 million USD, white pepper reached 10.3 million USD, compared to the previous month, the export volume increased by 122.6%. Generally, in the first two months of 2023, Vietnam exported 40,814 tons of pepper, of which black pepper reached 37,310 tons, white pepper reached 3,504 tons. Total export turnover reached 128.6 million USD, black pepper reached 111.8 million USD, white pepper reached 16.8 million USD. Compared to the same period in 2022, the export volume increased by 33%, equivalent to 10,138 tons, however, the export turnover decreased by 9%, equivalent to 12.7 million USD. Most of the major export markets recorded growth in the first 2 months of the year. In which, China rose to become ...

Source: Vinanet