The US buys 10 times more pepper from Vietnam than India

Published 2024년 11월 29일

Tridge summary

The US International Trade Commission reports that the US imported 73 thousand tons of pepper in the first 9 months of 2024, with 57 thousand tons coming from Vietnam, which is 10 times more than the amount imported from India. There has been a 43% increase in pepper imports from Vietnam into the US, with a 60% increase in turnover, reaching 281 million USD. Vietnam continues to be the main source of pepper for the US market, accounting for 78% in volume in the first 9 months of 2024. Meanwhile, Vietnam's pepper exports reached 219 thousand tons in the first 10 months of 2024, with a value of 1.11 billion USD, marking a 47% increase in value over the same period in 2023. The US is the largest market for Vietnamese pepper, accounting for 29% in volume in the past 10 months.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the US International Trade Commission, in the first 9 months of 2024, the US imported 73 thousand tons of pepper, of which 57 thousand tons came from Vietnam. Compared to the second source, India (5.7 thousand tons imported into the US in 9 months), the amount of pepper imported from Vietnam into the US is 10 times higher. Compared to the same period last year, the amount of pepper imported from Vietnam into the US increased by 43%, while the turnover increased by 60% (reaching 281 million USD). With the above import volume, Vietnam continues to be the main source of pepper for the US market, accounting for 78% in volume in the first 9 months of 2024. The US is showing a trend of increasing pepper imports. In the first 9 months of this year, the amount of pepper imported into the US increased by 43%, while the value increased by 56% compared to the same period last year. According to the General Department ...
Source: Agriculture

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